Death penalty in Vietnam’s largest fraud case

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Vietnamese property developer Truong My Lan was sentenced to death by a court on April 11, 2024, after she was found guilty of masterminding Vietnam’s largest fraud case. The court found the 67-year-old swindled US$12.5 billion from the Saigon Commercial Joint Stock Bank (SCB) over the course of a decade. The verdict came at the end of a five-week trial in Vietnam's business capital Ho Chi Minh City. Eighty-five others also face verdicts and sentencing for their roles in the crime.
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Опубликовано:

11 апр 2024

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Комментарии : 484

@socialanarchy081 Месяц назад

Vietnam does not mess around! Imagine how fast corruption would drop if we had punishment like this for white-collar crime here in the U.S.

@moshedayan2810 Месяц назад

Corruption in USA? Difficult to imagine.. Unless it's only in high places.. I don't think average low ranking government employee may be corrupt

@samuelwynn8858 Месяц назад

and all the money goes to the government instead of returning to the victims. vietnamese government wins after all.

@NauerBauer Месяц назад

Housing prices would be a lot cheaper

@thanhcuti363 Месяц назад

Viet nam is one of the most corrupted country in the world. I'm Vietnamese and I know. Truong My Lan is just a scapegoat for higher officials.

@none4632 Месяц назад

I know right! Trump would of already been in the slammer.

@grumpygramps1451 14 дней назад

How does it take 11 years to notice 12.5 billion isn’t where it should be.

@pointlesskid7779 14 дней назад

Money, money, money is power.

@CallumOneil999 12 дней назад

@@pointlesskid7779 Yeah but that goes back to the original comment, if money is power how did it take 11 years to notice it's not there (I'm guessing bribes and whatever tactic you use to defraud the government)

@MrSandvich03 12 дней назад

Look at the US Defense department lol

@truegrit7697 Месяц назад

Maybe we a get the Vietnamese to run our judicial department. Too many corrupt politicians in America get away with absolutely everything.

@alexisfreeze Месяц назад

And there are no corrupt people in Vietnam who get away with everything? You have a lot to learn.

@Tideo123 Месяц назад

Money can't buy every thing, but in Vietnam a lot, lots of money can buy anything and government officials.

@josepanicucci8591 Месяц назад

@@Tideo123 Well it seems she couldn't buy the justice system in Vietnam she's in the wrong country In the Philippines death penalty was abolished & no corrupt billionaires in PH jails

@none4632 Месяц назад

I know right! Trump would of already been in the slammer.

@pyrophobia133 Месяц назад

@@alexisfreezeit'll thinthe numbers quite nicely

@httyd_mnolknu Месяц назад

It's not a scam, it's about a corruption problem

@Basementcheese Месяц назад

Yeah no kidding buddy

@_._._._._._._._._._._._._.____ Месяц назад

It's part of Vietnamese DNA.

@whatxd_hello7 Месяц назад

@@_._._._._._._._._._._._._.____ That woman is Chinese 😂 Use your brain before spreading hatred next time

@thainguyenvan1589 Месяц назад

@@_._._._._._._._._._._._._.____ and in a lot of other countries in the west, these corruptions are legalized, seems like it's also their DNA

@funnymonkue Месяц назад

@@_._._._._._._._._._._._._.____ A crime you commit has no relation to ethnicity nor genetic makeup at all

@dalefutrelle1441 Месяц назад

You can almost feel how nervous she is in that video. Oh well, you reap what you sow...

@yautjagang4715 Месяц назад

Her body language shown impatient

@ivannovotny4552 Месяц назад

@dale Karma at its finest.

@donnienicholson6062 Месяц назад

If 12.5 B I L L I O N didn't buy her a Judge or a Presidential Pardon she should be nervous.

@never2muchluther803 5 дней назад

That's a look of , " I can't believe this is happening, and why isn't my money protecting me?"

@AlbertWildana Месяц назад

I just can't comprehend why do you even take that much money just for a single person's needs?

@forevr Месяц назад

Greed knows no bounds

@-shikajin-4078 Месяц назад

To bribe others.

@DeeDee-pf3zn Месяц назад

greediness😩

@gordonlekfors2708 19 дней назад

true as that is, are we supposed to feel sympathy for the bank? they're greedy monsters too

@markcurran6766 17 дней назад

Buy shoes

@edwardliemingwong7683 Месяц назад

"Lan will face additional charges".. Additional to death?

@_._._._._._._._._._._._._.____ Месяц назад

She owes them money when she is reborn.

@vuthanhcong1878 Месяц назад

Actually, the death sentence is the highest, the additional ones were 20 years and 14 years in prison, but we take the highest to be the final sentence.

@TtvFortew3 19 дней назад

is Taking her life a crime in itself?

@jodofe4879 18 дней назад

@@TtvFortew3No. A government may wield the sword to inflict wrath upon those who do wrong.

@NeedlessEscape 14 дней назад

@@jodofe4879 we are allowed to constantly question authority

@Elixir9 Месяц назад

this law should be worldwide

@rukiahkadir2063 Месяц назад

I agree

@somethinginteresting8151 Месяц назад

100% of government officials in some countries dead

@jonasolsen1668 Месяц назад

So all countries that dont have death penalty should get it?

@ImpartiallySpeaking 19 дней назад

? The deterrent didn’t stop her doing the crime!

@TtvFortew3 18 дней назад

Death penalty for stealing a few bucks 💵? call upon all nations to protect her life.

@LittleMissRollerCoaster Месяц назад

why does a person need so much money for? sighzzz the greed...

@TooFabulous2Dye Месяц назад

She didn't do it alone. She had people in high and low places covering for her like the president of Vietnam. Bribing people isn't cheap.

@arcturus4762 Месяц назад

Because some of us want to be Doofenshmirtz but don’t have a rich ex-wife

@user-is9nm4vw8j 28 дней назад

⁠⁠⁠@@TooFabulous2Dyeyes, it’s an organized crime syndicate. They’re all taking a piece of that cake.

@williamlai29 Месяц назад

The ex-prime minister of Malaysia Najib did not get a death sentence, in fact the Malaysian King pardon him for embezzling billions of dollars. Another few more years Najib is a free man.

@MeiinUK Месяц назад

Whether something is embezzled or not, depends on the actual.. case... and the laws applied. Hence, why it is indeed important to both KNOW the language, as well as the actual... law.. and the framework etc.

@Model3GenerativeANdroid Месяц назад

f the law

@jannejot9026 Месяц назад

Malaysia boleh

@handymanny6615 Месяц назад

We aren't sure if he's really in jail

@misfit9666 Месяц назад

malaysia is more corrupted than u think

@tg988 Месяц назад

Total amount USD12.5 billion + USD27 billion to pay to SCB = USD39.5 billion, about 9.5% of Vietnam GDP. She did not admit guilty and pushed it to her subordinates that it was their fault just like Najib’s 1MDB case. It is rare to get death sentence for a white collar crime but the court had to pass the sentence owing to the huge amount being robbed.

@jcc7693 Месяц назад

Actually the amount of money around 42B. 27B can not be recover and 12.5B is the money she embezzled for herself in 12 years.

@henryhuynh7918 Месяц назад

How much Týs she owns in real estates right now. Just auction and paid for the damages. No auction and put to your pockets!

@TienNguyen-ym5db Месяц назад

The total amount of fraud amounted to 44 billion USD, equal to the total GDP of neighboring countries Laos and Cambodia combined. (2023) and about 10% of Vietnam's GDP (Vietnam's GDP in 2023 is 440 billion USD)

@vietnammg Месяц назад

Fun fact: her daughter is Elizabeth Chu, chairwoman of the Hong Kong based ZS Hospitality Group.

@asiandraven5240 Месяц назад

ehh idk if the daughter has any business with this case but who know ?

@bennoble2049 5 дней назад

This form of punishment should apply here in the US for serious financial crimes.

@josepanicucci8591 Месяц назад

Unfortunately she's in Vietnam In the Philippines death penalty was abolished & no corrupt billionaires in PH jails

@yayie2235 Месяц назад

That's why Philippines is poor littered with slums.

@MoonChild-po9du Месяц назад

Ya different countries Going to Philippines is a step down

@aryavart51 Месяц назад

@@MoonChild-po9du Difference between Democratic & Communist, in this era no any democratic country will give death penalty for fraud even though it's 3% of gdp

@moshedayan2810 Месяц назад

Same here in India.. 😂

@josepanicucci8591 Месяц назад

@@moshedayan2810 India is the twin brother of the Philippines 😀😀😀

@leealex24 Месяц назад

Just two comments. Firstly, this is a very serious crime as she treat the bank deposits like hers. This is a bank with deposits from the public, for God's sake. Secondly, it is interesting to see the defendants in blue, they were just lying down and cover their faces.

@ngandang96 Месяц назад

the trial is long, and probably they were nervous waiting for the sentence

@lemonhaze1506 Месяц назад

Similar to FTX case, taking customer deposit as theirs

@walhall9 14 дней назад

The defenders are doing just their job. You can’t blame them for what their clients committed. They must do their job whether they want to or not. The law does force defender to protect their client. But it doesn’t mean that they at the same don’t have feelings or thoughts that their client should be sentenced if it is required to the death. And it doesn’t mean neither that don’t have thoughts or feelings that they their clients are responsible for their actions and for committed crimes.

@gametri-eq6lj Месяц назад

looks like someone didn't share and became a scapegoat

@ItalianOrlando 14 дней назад

I’m willing to bet she won’t spend 30 years waiting for the sentence to be carried out.

@fredmarks5381 Месяц назад

I wonder if her county will let her appeal for 40 years?

@heroes8844 Месяц назад

bro, she is over 50, might as well life imprisonment or dead

@karlospalacio6368 Месяц назад

No way . Will go 3 instances of judges more.if they agree with the sentence. Will be done in 6 month

@calvarado2986 Месяц назад

0:01. Madoff stole 4x as much as she did, but he was only sentenced to life in prison. Something about it seems off.

@YtChsr Месяц назад

SBF should be thanking his lucky stars he lives in lawless America

@lemonhaze1506 Месяц назад

SBF would’ve gotten death penalty if he’s in Vietnam, what a fraud case

@cimplicit1 11 дней назад

anyone know how they will do it? Curious about methods used in countries that have the death penalty

@zen6601 Месяц назад

This woman… was merely a scapegoat for the corrupted officials lurking in the background. Poor common people, whose savings have been shattered by these monsters.

@zaragordon4605 Месяц назад

Jamaica needs this. Then the banks here would stop stealing our money

@asiangamerkh1 Месяц назад

This kind of a law will never ever apply to my country.

@Igor-ps5cd 18 дней назад

She seems upset about additional charges.

@reaganation6000 18 дней назад

Why aren't Sam Bankman and Elizabeth Holmes getting this?

@ilhamrj2599 Месяц назад

pretty sure if she was prosecuted within Indonesia legal system, she wouldve walked out scot-free.😂😂

@anthonyhenryofficial2811 Месяц назад

yep, a poor mother just stole some candies and was sentenced to 9 years in prison.

@savasava9923 Месяц назад

we must be coomunist country if we want free corruption look at china, north korea and vietnam

@savasava9923 Месяц назад

@@anthonyhenryofficial2811we must be coomunist country if we want free corruption look at china, north korea and vietnam

@savasava9923 Месяц назад

we must be coomunist country if we want free corruption look at china, north korea and vietnam

@savasava9923 Месяц назад

@@anthonyhenryofficial2811we must be coomunist country if we want free corruption look at china, north korea and vietnam

@bearcat463 15 дней назад

If she did this in the US she would get house arrest in a mansion and get to play x-box thru the sentence

@lunarsabbatical7906 18 дней назад

This loss is about half their gdp in a year very devastating and greedy

@thatbostic2 Месяц назад

Bà này xứng đáng bị như vậy

@Raghav_Modi Месяц назад

Namaskar 🙏🙏🙏🙏 Things may not be perfect in Vietnam but - its still heaven compared to World's Biggest Landfill - India. Failed State India ranks 111 on Hunger Index, 134 on HDI, 180 on EPI, 126 on Happiness Index India's GDP per capita is less than that of Namibia. Just imagine how fortunate you are to be Born in Vietnam🙏🙏

@misterbig9025 Месяц назад

As Indian I agree strongly

@anthonyhenryofficial2811 Месяц назад

no way 126 on happiness index i'm from vietnam but i saw more people in india seems to be happier than most of us

@james64ibm Месяц назад

They are both doing just fine, India just needs a bit more time.

@dan8910100 Месяц назад

Do not be fooled, India is not a real country. It is just the British Raj with a sun-tan.

@ngandang96 Месяц назад

@@anthonyhenryofficial2811 ikr with the increasing pressure to be richer and successful in Vn right now, ppl are getting more stressful

@user-dz9yk1wp7f Месяц назад

Homie don't play that!

@johnpatrickoldfield534 Месяц назад

Why don't they mention where the money was lost to? Also why don't they explain what embezzlment is and how it was possible?

@livyinverse7471 Месяц назад

Maybe due to the time constraint of the video. Keep in mind that this channel is not from Vietnam. The media in Vietnam has such information widely published.

@beedle2081 12 дней назад

US needs to learn from Vietnam

@rickyanthony Месяц назад

Meantime I'm racking my brain to find the cheapest way to score mobile data from my ISP

@alerickson3885 27 дней назад

She doesn't even look concerned. Is she thinking she can buy her way out of this?

@ivannovotny4552 Месяц назад

We need something similar here in Canada .

@ml-mw7ms Месяц назад

Same here in the US.

@bhupenpun5760 Месяц назад

This law should be in Nepal too

@CharlesEngbers 16 дней назад

She's such a fool. I would have stopped after i stole just $1B.

@physxme Месяц назад

SCMP should know "Lan" is neither her family name nor her given name.

@Me-hv9fk 12 дней назад

Needs to happen in the UK In Scotland this would now be a minor crime thanks to the corrupt SNP and Police.!

@junicohen7918 Месяц назад

Excellent

@ruthnyirenda9925 19 дней назад

I think they are mis using the death Penalty 😢

@dk-hv1nz 22 дня назад

From a former market stall vendor to property tycoon to corrupt mastermind

@fajarkurniawan9434 Месяц назад

In Indonesia, she will only get 1-3 years jail time

@savasava9923 Месяц назад

welll, we must be communist country to solve this corruption look at china, vietnam and north korea as a prove

@savasava9923 Месяц назад

we must be comunist country if we want free corruption look at china, north korea and vietnam

@terangulang5291 Месяц назад

we must be coomunist country if we want free corruption look at china, north korea and vietnam

@terangulang5291 Месяц назад

we must have the same system the like vietnam, china and north korea they have free corruption

@niasp5181 Месяц назад

⁠sure.

@yellowegg0 Месяц назад

why she not run after got $2 billion

@thegodfather7347 Месяц назад

@goldegg0 They chose the time that had the least impact on Vietnam's economy to arrest. In big cases like this in Vietnam, the defendant has been tried 1 million times with 1 million previous results. She was specially monitored, banned from leaving the country, and not allowed to change her passport...

@coffeelink943 Месяц назад

Her leaving the country with 2$billion will effect Vietnam economy. Of course they wouldn’t let her leave that easily because it will hurt their country

@pinayswiistraveller7937 Месяц назад

I hope the Law in the Philippines is like that, the corrupted politician are also punished.

@SYDAirlineEnthusiast 20 дней назад

12.5 thousand usd in Vietnam would be pretty rich actually.

@TheJagclash11 Месяц назад

and more so with the media hyping it....

@chhive Месяц назад

A former market stall vendor?

@yautjagang4715 Месяц назад

Ukraine hv a comedian

@sakurakou2009 Месяц назад

The real question will the money she took be return to veitnam or is it lost forever?

@kimloonyong6599 Месяц назад

In Malaysia corruption over billions can have discount 50% on the sentence and the monetary penalty.

@tobyfitzpatrick3914 Месяц назад

Penalties for repeat offenders are more severe...

@Limewire1984 Месяц назад

Let's hash your statement, I'm bored. If the offender is dead, how does he or she repeats?

@user-si4qn6lk1y 8 дней назад

How much money does an individual actually need? We leave earth with one sheet and a toe tag

@kuchikopi4631 Месяц назад

Should have stopped at the first billion

@jasontungjw Месяц назад

Is she first person to be sentenced to death for scams?

@coffeelink943 Месяц назад

Scam are everywhere, no matter where you go. This is just one of the first major scams being release in public while others are not

@kaboomvn201 Месяц назад

not the first time, definitely not the last as well

@jamesrawlins735 Месяц назад

No. China executed 3 people for embezzlement and bribery in the past few years - including a Mongolian. The Chinese are really cracking down on these crimes.

@reworks2347 16 дней назад

In Indonesia, she will be release in few months

@kimle2796 12 дней назад

the Vietnamese gov't made up these false charges to steal her assets.

@StrawberryPocky11 Месяц назад

sentenced to death + tax

@Smokie1523 Месяц назад

Vietnam aint screwin around...

@johnham4485 16 дней назад

I mean they won the war and now a third world country producing elastic bands, too bad they wanted communism that badly.

@somnuswaltz5586 Месяц назад

Those military caps look so cool 😎👍

@comment8767 Месяц назад

Really hot cis chicks with red lipstick.

@Edoshmek 13 дней назад

No they dont

@somnuswaltz5586 12 дней назад

@@Edoshmek go kick rocks bozo

@comment8767 12 дней назад

@@Edoshmek The hats look really sharp on those hot Army chicks.

@babsknk3965 16 дней назад

It's nothing in my country Nigeria, a former governor currently stole 80 billion naira.. He can spend 1 million naira per day for years.. Why do they need to steal century worth of money.. 🤔

@spankyharland9845 14 дней назад

I don't think she should be put to death for fraud, she should be able to pay it back or do some kind of community/state service- but then again this is Vietnam and they may take this more seriously. I know she is a crook, but I feel bad for her.

@jasonbell5905 17 дней назад

That brings to mind 🤔

@nerosneros1670 18 дней назад

GREED!!!!

@Fornite.SembilanBenua Месяц назад

why the one who receive all the money from the bribery isn't be punish too?? hypo

@blazedterrance2553 23 дня назад

No way the comments are agreeing with the verdict 💀

@aykutlondon4784 15 дней назад

Init wtaf. Like lock her up for the rest of her life sure since she's 67 yrs old anyway, but the death penalty?? I don't agree with the death penalty in general.

@j.d4559 15 дней назад

She’s being made an example of. Vietnam isn’t a particularly wealthy company they can’t afford to have their economy manipulated like that l. Nothing strikes fear and deters would be swindlers like knowing doing something like this could put you on death row.

@GroupProject-br2xv 16 дней назад

Thats a lot of dollars,, maybe she can pay for her freedom

@Knudjensen54 14 дней назад

I dont understand why people wants so much money,what will you use it for?

@user-xx5or8si6s Месяц назад

So funny that this happened in a country that is stuck in corruption at all levels 😂

@user-hl5hd8zq7t Месяц назад

They said death every day, but she is like a fresh fish every day. Who beleive?

@roytheboy1963 16 дней назад

I'm sure it has caused those people affected many financial difficulties, that deserves a harsh prison sentence but the death penalty is way Ott..

@toespic Месяц назад

We gonna find that 12,5 billion dollar under the sea 🔥🔥🔥 (It's a running joke here that she hide her fortune under the sea)

@AndreiPopescu 15 дней назад

This proves that the death penalty is not a deterrent as some claim. If not even smart people (not many people know how to pull something like this off) are afraid of it, how do you expect people with medium or low IQ to think about the consequences?

@stardewhillbully 18 дней назад

A big phat problem

@Levi-hp6bv Месяц назад

What about her family?

@anhloantranthi2829 Месяц назад

They are both charged, the daughter serve 17 years sentence whilst the husband's case is mentioned in the video

@donnienicholson6062 Месяц назад

Take note.....filter those billions down to others who can take you down.

@giovannikruschewsky3210 Месяц назад

Need that law in the US

@TheJagclash11 Месяц назад

and what about previous case of a prominent ex CEO of a start up company...what happen to her...of course not for her pretty face....

@jynx7254 16 дней назад

she would be a politician in american 😂

@Riffman08-dz6pv 17 дней назад

Real estate agents are some of the worlds biggest shitsacs

@eddiestaunton514 13 дней назад

In Ireland she would get a Promotion and career in Politics

@dboiiw0nd3rr25 Месяц назад

I aint gon hold u Death is still pretty OD

@ea9757 Месяц назад

Sana dito din death penalty SA mga politiko

@suthobay 18 дней назад

That whole country is corrupt asf

@jeffnwv3976 13 дней назад

She took lessons from joe and hunter🤣🤣🤣

@john_wick1 Месяц назад

She will pay off some prison guards then sneak out

@thegodfather7347 Месяц назад

@john_wick1 is a movie, not the truth 🤣

@vsyokhoroshoy Месяц назад

This is not how it works unfortunately fortunately

@Jordan1223_ 16 дней назад

Been watching to much shawshank redemption movies 😂😂😁

@johnpatrickoldfield534 Месяц назад

No proof.

@lynnlittle6278 Месяц назад

Sentence seemed excessive but who knows how many families have lost their love ones due to finaincial struggle because of corruption

@yellowegg0 Месяц назад

i mean like she already 67 years old i mean for real what she want to do with $12.7 billion buy immortality or law immunity why not just retired in peace before fall like this on older age

@rosauropaguio225 Месяц назад

maybe the vietnam law become pnas law, sigurado wala ng kakandidato dahil hindi pwede silang mag corrupt kundi ganyan mag yayari sa mga dugas sa govt😅

@richardhall916 14 дней назад

is there a nguyen somewhere in the name

@DuffyFanclub 22 дня назад

She didn’t take anyone elses life therefore she should not lose hers :(

@rijjumngomdir6894 Месяц назад

We need such law in India 😢

@sundaszahra2344 Месяц назад

If she was in #Pakistan, she would be a #PrimeMinister on the very day she could be convicted of the crime like #ShahbazSharif (#form47) #SelectednotElected #PrimeMinister of #Pakistan or #PresidentofPakistan #AsifAliZardari 😅😢

@sandrajune1172 16 дней назад

No one should get the death sentence for fraud.

@AndrewDaley-lr9qg 16 дней назад

If you had your savings stolen I think you might change your mind

@sandrajune1172 16 дней назад

@AndrewDaley-lr9qg I did, eighty thousand dollars all the money I had in the world. But I would not have wanted the person put to death.

@andrew-hv1hv 15 дней назад

@@AndrewDaley-lr9qgno amount of money is worth a person's life.

@ssdegfteghytr166 14 дней назад

And how many lives has she ruined by stealing all that money?

@oanhienlong7264 12 дней назад

@@andrew-hv1hv uhhhh....no. This is an absurd amount of money and many, MANY consequences resulted purely from this, you can say this death penalty is a loud and clear message for those others looking to do it again. The west may think differently, but this is a strong way to fight corruption, by sending a message. "No amount of money is worth a person's life" only true in certain contexts, this is not that context.