Vietnamese property tycoon Truong My Lan was sentenced to death for masterminding a $12 billion bank fraud, with a chance for commuted sentence if she repays 75% of the embezzled amount. The scale of the fraud has shocked the country and damaged investor sentiment, leading to a government crackdown on corruption. Lan’s rise from humble beginnings to infamy through manipulation of the banking system has resulted in a potential life sentence as she races against time to raise the required funds.
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Joby Aviation Stock Soars to an All-Time High: My Prediction for What Comes Next
Joby Aviation is developing electric air taxis to alleviate urban traffic, with plans for point-to-point networks in major cities like New York. Despite its stock hitting an all-time high of $17.50 and a market cap of $14.8 billion, the company currently generates no revenue while its vehicles, capable of 200 mph, await operational status. Want More Context? 🔎
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