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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