Vietnamese billionaire sentenced to death for $44bn fraud

Vietnamese billionaire sentenced to death for $44bn fraud | BBC News

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Ай бұрын

A Vietnamese property developer was sentenced to death on Thursday for looting one of the country's largest banks over a period of 11 years.
Truong My Lan was convicted for taking out $44bn (£35bn) in loans from the Saigon Commercial Bank.
Prosecutors said $27bn may never be recovered.
Authorities said 2,700 people were summoned to testify, while 10 state prosecutors and around 200 lawyers were involved.
The evidence was in 104 boxes weighing a total of six tonnes.
Eighty-five defendants were tried with Truong My Lan, who denied the charges.
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Пікірлер: 6 900

@MrBisque Ай бұрын

First billionaire to ever be found accountable for their actions.

@isabelc2131 Ай бұрын

Well, the first thief who stole billions. Not every billionaire is (that much) of a criminal.

@poekpally Ай бұрын

@@KpogiDplease present the evidence that every billionaire is a criminal

@robertjames4908 Ай бұрын

Bill Gates, Klaus Schwaub, Pfizer and all the rest to follow...Better buy shares in gallows manufacture...

@OnlineEnglish-wl5rp Ай бұрын

@@isabelc2131 They were collectively quite happy for entire nations to be defrauded for the sake of propping up their fictitious paper wealth

@srji489 Ай бұрын

Maybe politicians were victims too😂

@mother_of_doxies Ай бұрын

If she tried to pull this sh!t off in America, she’d be a celebrated politician.

@monipenny408 Ай бұрын

She'd be running for POTUS!! U$ freedom and democracy the best system that money can buy, which is why all international crooks have their HQs in the U$A, even A!PAC!!!

@Guyver09 Ай бұрын

Sadly true 😕

@mrgenetics4063 Ай бұрын

How are you able to swear and get away with it? my comments always get deleted by the AI monitor

@newmankidman5763 Ай бұрын

I love the way you threw us a virtual curveball,

@combatepistemologist8382 Ай бұрын

She'd be getting gov't grants and bailouts.

@DeEmperor1 Ай бұрын

In Vietnam, individuals are not allowed to own more than 5% shares in any bank. The woman used shell companies to buy 90% shares in Saigon bank. Then approved 93% of all the bank's loans to her shell companies.

@q2breath Ай бұрын

BEZOS AND ZUCKERBERG DO NOT PAY ANY TAXES AT ALL!!!!!!!!! IS THAT OK WITH YOU!!!????

@curtis9555 Ай бұрын

What is the relevance @@q2breath

@Vnexpress1203 Ай бұрын

@@q2breathYES! When you reinvest all your capital gains back in your business you paid ZERO taxes. It’s a simple concept, you should try it.

@TheMarcosvolta Ай бұрын

@@Vnexpress1203 you're an idiot. no billionaire and no corporation should pay zero taxes, period.

@AA-le3xe Ай бұрын

Rich individuals should pay high taxes mandatory - no exceptions. The IRS should be monitoring them 24/7.

@hanhbuik15hl2 Ай бұрын

Long story short, for those who don't really understand this case : In vietnam, each individual is not allowed to own more than 5% share of a bank. Truong My Lan built up multiple ghost companies, each of the companies she own invested in the bank, own a total of 93% share, making her the anonymous owner of it. She also bribed some politician so that she can easily take all the amount of CASH from the bank whenever she want without being caught. The total amount of money she took from it is worth 44 billions dollar but in cash, it's literally just bank robbery without being noticed by the authorities. That's why she being sentenced to death

@Rosebud2503 Ай бұрын

Thank you for this brilliant explanation.

@ahmeddabboussi7370 Ай бұрын

44 billion dollars in cash!! did she spend it? did she keep piles of cash in her house?

@fubukisbestfriend3760 Ай бұрын

@@ahmeddabboussi7370 nah bro, someone said that she put all of her money into the sea, and challenge everyone to find that money. People call it the One Piece tho

@ahmeddabboussi7370 Ай бұрын

@@fubukisbestfriend3760 cool, you wanna gather a crew and start looking for it?

@Huey-rp7pi Ай бұрын

Someone she gave a million to betray her smh ungrateful humans

@Kroogles Ай бұрын

Meanwhile in the US, all the people responsible for 2008 are out of jail doing the same shit that nearly destroyed the world economy.

@furiousapplesack Ай бұрын

@@Anti-terrorist3112 Names? lol, you want the names of everyone who DIDN'T go to jail for the 2008 crash in the US? How about a shorter list of the names of people who DID. 1) Kareem Serageldin. That's it. That's the list. Served 30 months.

@thomas6069 Ай бұрын

Ya to big to fail bigger now than in 2008 Wall street casino wide open after trump passed tax bill giving billionaires a twenty four percent tax break they don't need their kitchen remodeled or a new car you want to stimulate the economy you give the 99% a twenty four percent tax break they will spend it on a new washer dryer new frig or a new car This trump tax bill needs to be reversed before it's to late.it all started with the reagan trickle down theory a complete failure as the 99% took it the shorts and it has been all down hill for the 99% ever since.I know my syntax is not perfect but .

@user-md5bf8kc5e Ай бұрын

So they would be running new ventures to increase GDP😂

@3katfox Ай бұрын

@@Anti-terrorist3112 Dude. Google it.

@BDRmongoose Ай бұрын

what? most of them where never in jail.

@18000rpm Ай бұрын

Staggering level of greed. I mean, once you have $1B the next $40 billion isn't going to make much difference to your lifestyle is it?

@motle710 Ай бұрын

it will, in the rich world

@james.telfer Ай бұрын

Well, it's the difference between owning a superyacht or a spaceship... Volcano lairs don't come cheap either!

@paulgibbons2320 Ай бұрын

Totally correct.

@user-rv9hp6bo3y Ай бұрын

She needed a bigger Yacht man, I don't know what to tell you

@paulgibbons2320 Ай бұрын

We have more than enough wealth for all men's needs. We will never have enough for all men's greed

@LuisinVegas Ай бұрын

Respect to the Vietnamese authorities. Greed is destroying the world.

@user-fl1pc7zu7f Ай бұрын

Greed she provided employment for people building the buildings, housing for people, to accomodate shops and businesses, it isn't in her back pocket she investe4d it in the people

@thanhtrieu3606 Ай бұрын

Well the authority may just have a chance to get free money

@grime2.085 Ай бұрын

@@user-fl1pc7zu7fnope she stole billions of dollars from the Vietnamese people and is responsible for multiple suicides

@thanhtrieu3606 Ай бұрын

We know how corrupted the authorities are. And by the way it’s weird to see people from the democratic world praising commies, obvious VietNam is a different kettle of commies

@amoretpax199 Ай бұрын

Respect? The common people will not get a single Dong back. It's communist from the North side attacking the Southern faction. Welcome to Vietnamese politics...

@Nekopolitik Ай бұрын

Fun fact: before her execution, she said that she had hidden the $44 billion in a secret location somewhere in the South China Sea, and challenged people to find it.

@NightElveee Ай бұрын

One piece becomes a reality

@phanhuyduc2395 Ай бұрын

Yeah this story became a meme in Vietnam overnight 😂

@terrancebagley387 Ай бұрын

Holy, the One Piece is real!!!!!

@rexygama7697 Ай бұрын

How do you even hide 44bn worth of money? It would be ginormous in cash

@eggotheegg961 Ай бұрын

@@rexygama7697 internet is actually just make that up, she didn't said anything about where she hide it at all.

@derrviel Ай бұрын

$44bn is already a lot of people from first world countries. For a developing country like Vietnam, $44bn is unimaginable

@idontcare-ct7jm Ай бұрын

Hooblah

@TheMIEProject Ай бұрын

Actually in Vietnam. The rich is not 1 but 5%. There more rich people here than you think.

@powerkingez9682 Ай бұрын

@@TheMIEProject yeah but you also have insane poverty,underdevelopment and people living in shacks lets not pretend vietnam is rich mate its piss poor

@selmahare Ай бұрын

It's unimaginable and abhorrent anywhere.

@wrestlinginfodude2644 Ай бұрын

No its not ,it's growing on very fast pace and will future economic juggernaut like in near future

@jeremynewell9903 Ай бұрын

$44B would give every single Vietnamese worker 3 months of wages.

@thiennghianguyen1683 Ай бұрын

It's one-tenth of my country's GDP, so 1.2 months of salary would be more accurate.

@VanPham-so3pv Ай бұрын

Don’t count on that, the $ will go to another VC pocket

@PukaSHellTourGuide Ай бұрын

@@thiennghianguyen1683 is this USD 44billion or dong?

@lesliehuynh7086 Ай бұрын

@@thiennghianguyen1683 Remember this is a third world country, so 1 to 2 YEARS would be more ACCURATE.

@thunderous-one Ай бұрын

@@PukaSHellTourGuidecertainly bigger than my dong.

@xXNxLixeXx Ай бұрын

Defrauding a bank of $44 billion is beyond wild, crazy, and stupid

@thegodfather7347 Ай бұрын

$44 billion is how they calculate the total loss, that is, the amount of money she earned from withdrawing the bank + that amount of money invested in a project, in a way it is calculated x2.

@janiewin9455 Ай бұрын

just greed, within gov. corruption.

@xXNxLixeXx Ай бұрын

@@janiewin9455 Facts

@artsyhyd Ай бұрын

Currently theres ongoing case in Indonesia around USD $17 Billions tin mining corruption.

@xXNxLixeXx Ай бұрын

@artsyhyd Corruption will always end up somebody or multiple entities getting sued

@eddym5532 Ай бұрын

Greed is a curse.

@courtneyboudreau4284 Ай бұрын

It's evil

@fedvvvv Ай бұрын

How greedy can you be?! 44 billion? What a lunatic.

@kristinayoung8070 Ай бұрын

Wait till you hear about this guy Jeff Bezos!

@BawkBawkBawk666 Ай бұрын

Cough cough bil gates

@truthismycause2800 Ай бұрын

@@kristinayoung8070Bezzos got his obscene fortune by exploiting people around the world, not by embezzlement... that we know of, I mean.

@truthismycause2800 Ай бұрын

@@BawkBawkBawk666Gates have away his money.

@willzyxOfficial Ай бұрын

@@BawkBawkBawk666 Not at all comparable. Bill Gates built a company, that became valuable. That's not greed. This woman instead is stealing and embezzling, more and more and more, with the only goal being to make more money.

@ANDIBO987 Ай бұрын

The worrisome part is not that she did this for eleven years, is the amount of people not caught doing similar things who will never face any consequences

@ToiletPlugger Ай бұрын

That can still change!

@This_tub Ай бұрын

They didn't get their cut

@Hvrtjff Ай бұрын

The men didn’t get caught.

@ToiletPlugger Ай бұрын

@@Hvrtjff men get caught committing financial fraud all the time....

@preydy1259 Ай бұрын

They may have escaped from the hand of men, but they cannot escape God's judgement

@ozzzy3302 Ай бұрын

She did everything she could to keep her two daughters abroad safe. She handled all illegal acts with her niece and did not let her two children be affected. And the two daughters will enjoy that money. A great mother I'm truly ashamed for her children, driving thousands of people into poverty so they can live happily on stolen money.

@Ninsidhe Ай бұрын

Doubtful- there’ll be a constant forensic accounting being undertaken, their bank accounts will be frozen and appropriated, it will not be an easy road for the daughters.

@jirajira2872 Ай бұрын

how did they driving people into poverty?

@gonkong5638 Ай бұрын

@@jirajira2872people who put money in that bank is lost all the money. 44$ billion

@MaiNguyen-fy4sv Ай бұрын

@@jirajira2872people invested $$ into related banks and She swallowed it all. Now no $$ to withdraw, people empty handed.

@Liztastaney7 Ай бұрын

@@jirajira2872 banks gamble peoples money off as loans. Thats actually someone's passive income or inheritance. The ones that most people don't bother to check often.

@jamesbillington9280 Ай бұрын

Weird. In the US we reward this type of behavior with freedom and no jail time.

@AgathaLOutahere Ай бұрын

What are you talking about? Nothing like this has ever happened in the U.S. Lesser fraudsters like Bernie Madoff and Sam Bankman Fried received prison sentences.

@DeepBoxGames Ай бұрын

Since when?

@jamesedward4655 Ай бұрын

That is why your country is the greatest country for the Intelligent. - From UK-

@iamexercitus9962 Ай бұрын

Because Americans are idiots

@turkizno Ай бұрын

@@DeepBoxGames jeff bezos is about to become the first trillionaire by 2035, set up a Remindme

@stephenbanks5952 Ай бұрын

She must have lost her mind. Why did she go to such extremes? A fraction of that money would be enough to last you a lifetime. This was just greed at the highest level.

@user-fl1pc7zu7f Ай бұрын

how stupid are people she didn't get this money to put in her pocket she got this money to invest in building real estate

@phrazee Ай бұрын

She wouldn't have been doing all of this alone, she may have been pushed to these extremes. Board members, financial advisors, corrupt public servants etc. But she is still responsible at the end of the day.

@monicacai Ай бұрын

She is in the real state business, a developer, with huge headquarters and all that…. Basically a big enterprise, to keep the facade, she needed more money to keep her empire running… same thing as Bernie madoff did just with a different name on her company.

@MrTastiesFoodReview Ай бұрын

We see greed…. She saw an ambitious opportunity to become Vietnam

@Chimboica2011 Ай бұрын

Not so fast people, think again, please do not be so childish. This is communist country.

@BigJohnson911 Ай бұрын

In the US, she would have been awarded with a taxpayer funded bailout.

@danieljohnstone6805 Ай бұрын

And A Invite To Maralogo

@AfricanWifeinPakistan Ай бұрын

😂😂😂 💯 true.

@Fat12219 Ай бұрын

😂 here u go 😂

@user-cg3bg3hy7j Ай бұрын

@@danieljohnstone6805 As usual you libs get it wrong. She would be invited to the corrupt and lawless Obamas and Clintons. Dem voters are ignorant.

@beanogas63 Ай бұрын

And Trump would give her The Presidential Award of Freedom

@nhato7750 Ай бұрын

I am Vietnamese and to summarize this world-wide case as follows, it notes that Truong My Lan is a woman of Chinese descent, and she is not the only one in charge of this case but she had an agent behind her to plan and carry out this embezzlement for 11 years. Basically, she manipulated the bank and countless related parties with the money that people save in the bank, to lend without collateral and without needing to collect debt, like calling out for project investment and then taking the that capital to create more and more projects and then she laundered the money and sent that large amount of money to Switzerland. She owns a huge of real money that can be easily used directly which are not share and virtual money , so this is called a massive case in the world. When it doesn't mention about her criminal charge, her mind is extremely out of this world.

@Reddylion Ай бұрын

Hmm @@Vano-ss2le

@sw33tsoda Ай бұрын

“of Chinese descent” Who asked for this part? 🤔 What’s her nationality? Where she was born? What’s her mother tongue? Don’t be like that!

@eightballjamal Ай бұрын

It’s easy to say she’s of Chinese descent but really it’s simply a crime of opportunity regardless of descent. Look at all the Vietnamese scooters running red lights or riding on sidewalks. It all starts the same way…feeling like you can get away with something….

@haniahannslew4108 Ай бұрын

Just because she is Chinese descent, she is sentenced to death penalty while other Vietnamese corrupt high officials don’t have to face death penalty. We know discrimination plays a part of it. Without those Vietnamese officials from the top involved, she wouldn’t be able to do that much. But those Vietnamese officials don’t face the same death penalty. We know discrimination against Chinese descent has been existing for centuries in Vietnam.

@cctvangkhoa4156 Ай бұрын

@@sw33tsodayou got it wrong. She is of Vietnamese nationality, of Chinese origin. In Vietnam, there is a group of Chinese-Vietnamese people who are political refugees from the effects of war many centuries ago. I am also Vietnamese of Chinese descent. My grandparents came from Guangdong two centuries ago

@vperera2456 Ай бұрын

These days greed is boundless.

@georginikolov1141 Ай бұрын

In which days it has not been ?

@rogerwilson6367 Ай бұрын

If we took this approach in the UK then Parliament would be empty.

@anacc3257 Ай бұрын

UK Is one of the least corrupt countries, it'd be hard to get away with something like that

@ricardoviolanti5780 Ай бұрын

Same in Australia with political.

@DanaMcCurdy-il5wl Ай бұрын

Same in the U.S

@angie-xy5sf Ай бұрын

so would USA

@stickynorth Ай бұрын

Most of the capitalist world... So most of the world...

@containedhurricane Ай бұрын

Vietnamese authorities didn't play around. Let it be an example for other corrupt individuals

@simonbrown7455 Ай бұрын

This is a drop in an ocean in Vietnamese corruption.

@containedhurricane Ай бұрын

@@simonbrown7455 I thought Vietnam was one of the least corrupted countries in Southeast Asia

@simonbrown7455 Ай бұрын

@@containedhurricane Na it's pretty bad. People still bribe their way into jobs. I think this sentence is them trying to save face. Compared to others I dunno if I can comment on that. But I doubt it.

@santostv. Ай бұрын

She probably lived a good life and she maybe also is the “fall guy”

@-The-Grim-Reaper- Ай бұрын

@@containedhurricane No bro. Its pretty bad

@Rayrae580 Ай бұрын

If it were in my country, they will just talk about it in the news for days even months and yet the person won't be held accountable.

@lisieltaneza3845 Ай бұрын

And you are from the Philippines ?

@Rayrae580 Ай бұрын

@@lisieltaneza3845 no please.

@john-dalesanchez4650 Ай бұрын

if it were in our country, they will never talk about it. you're quite lucky

@john-dalesanchez4650 Ай бұрын

@@lisieltaneza3845you made me laugh 😅

@Tiglath-PileserXIX Ай бұрын

If it occurred in the US she might be President someday.

@ericdang8878 Ай бұрын

Netflix gonna have a field day with this one

@avarmauk Ай бұрын

$44 Billion!!! Does anyone understand how insane that amount is 😂

@MsAlien911 Ай бұрын

Ya, could buy a decent social media company and change its name to x and leave it to nazis

@matthewishunting Ай бұрын

it's really a lot. it's like a million but a lot more

@kevinhurley6919 Ай бұрын

Its like what europe can collectively give to ukraine

@SexKing-hj9nv Ай бұрын

It’s a lot more crazy when you realise it’s 11% of the countries entire GDP ☠️

@AyushSingh-be2yi Ай бұрын

Yeah, Cost of Twitter(X Now) few months earlier !!

@jameliakingstom1190 Ай бұрын

She should’ve stayed humble she had enough. Greed kills people

@alvadagansta Ай бұрын

Without embezzlement and corruption, I don’t think she would’ve had much

@mhlengiseetsi5932 Ай бұрын

Greed kills people literally

@Derekphysique Ай бұрын

you cant be humble while committing fraud and crime. there is no humility in this to begin with.

@lesliehuynh7086 Ай бұрын

@@alvadagansta You got it ALL wrong. She was very very successful before 2012. In 2012, she was ASKED to help with merging 3 banks & restructuring it. That's when everything went side way 'cause she OWNS the bank. She manipulated people to think she has ABSOLUTE power over the bank (SCB), BRIBED 15 State Bank of Viet Nam officials, 3 government inspectors, a former official at the State Audit Office to look the other way.

@trildi Ай бұрын

@@alvadagansta Aren't ''embezzlement and corruption'' just the same as greed? You wouldn't take part if you weren't greedy.

@Linda-ot3pj Ай бұрын

GREED has no limit. Imagine the people that have lost their money

@turkizno Ай бұрын

if ONLY their money. imagine the ones that either starved to death or couldn't afford to get proper healthcare and died or similar.

@Imgrateful777 Ай бұрын

She just watched what Nancy Pelosi and Hillary Clinton got away with and ran with it!😊

@solomonmitchell6048 Ай бұрын

Man they don't play around in Vietnam!

@pranititiwari6525 Ай бұрын

Wow 🎉what an impressive administration, out there in Vietnam!!!🎉

@Tiglath-PileserXIX Ай бұрын

To think America fought a war against that country. Makes you wonder who was on the good side then.

@stephenkane1074 Ай бұрын

Billionaires all over the globe are disconcerted at how popular the sentence seems to be!

@robinmiller5256 Ай бұрын

Wonder what Sam Bankman Is thinking while he lounges at the billionaires prison here in the U.S.?

@getphuked2 Ай бұрын

No their not, they think they are GODS

@kalesims6540 Ай бұрын

Billionaires are not scared. The Fraud billionaires, are shaking in there boots.

@majunga6909 Ай бұрын

Indeed

@Tiglath-PileserXIX Ай бұрын

I guess they don't f*ck around in Vietnam. They know there is no societal value in keeping this woman alive.

@fourthturning Ай бұрын

All the people she bribed and who worked with her on this should also come to justice. She couldn't have done what she did without the cooperation of others.

@tenyearsinthejoint1 Ай бұрын

Absolutely

@zhihao1 Ай бұрын

Some of them are. I read 3 of her associates got life sentences, a couple dozen more got 10-20 years

@Khamzes Ай бұрын

They mention toward the end that there are 80 other defendants, so they probably are.

@leealex24 Ай бұрын

To be fair, the blame would be 100% on her and the key people. Those who got bribed, are basically, being threatened to comply. I find it sick that she said she is "new" and "innocent", this is a well-orchestrated scam and didn't care about the society. This lady is sick.

@lintran3211 Ай бұрын

they probably RATTED her out, to save their own skins....no single person can solely do this much damage!!.....LOL

@Azulakayes Ай бұрын

I firmly believe that no billionaire is an ethical business person. If not directly committing fraud, they are corrupt, evading tax, exploiting their employees or degrading the environment...one way or another, it is disgusting to have so much money while others have nothing.

@AroonYousufi Ай бұрын

Lmaooooo she had 10% of Vietnam’s economy in her hands 💀

@Hotshots2890 Ай бұрын

80 LAWYERS! holy crap she hired the whole firm for her case

@ssl33p Ай бұрын

I mean, if you got 44B, 80 lawyers is kinda low.

@SomethingSomethingg Ай бұрын

Jesus Christ, I guess it just goes to show you that the court system doesn't screw around. In the United States, if you hire 80 lawyers, you're all but guaranteed that the verdict will be in the defendant's favor.

@Biker65 Ай бұрын

On both sides a total of 200

@nyakwarObat Ай бұрын

@@ssl33pyet it didn't work out for her. Mainly cos of greed

@julianmorgan79 Ай бұрын

Well if you're facing the death penalty then you're going to do everything you can to survive

@sjhd98 Ай бұрын

Wait, 46B USD is 11% of Vietnam's GDP!!! She stole 1% of GDP every year over the last 11 years! This needs to be made into a movie.

@user-br4tb7en1l Ай бұрын

Call it “1%” 😂

@danielhealy9725 Ай бұрын

They'll bury the movie...

@cramifcramidf3590 Ай бұрын

Avec les aides du gouvernement communiste viet nam.

@kbrown5218 Ай бұрын

I bet China got the bulk of the money🤔

@markberryhill2715 Ай бұрын

I hope they get Vicky Nguyen(NBC) or Stephanie Sy(PBS) to play her part. They would be excellent and it would be a good chance for them to play a bad girl 👧 lol

@615taz 24 күн бұрын

Scammers are absolutely horrible people. My parents committed suicide. And I've been tormented and harrased for 30+ years. I myself have been in and out of mental institutions.

@crem444 4 күн бұрын

Wow you’ve had it rough, praying for you 🙏

@archonjubael Ай бұрын

Wow. What an amazing happening! I want to know more.

@ahthisisgood Ай бұрын

Now THAT is an example of justice being laid down ! I wish the US justice system would take notes.

@nonino1644 Ай бұрын

I hope USA will never kill a human over financial crimes.

@nyakwarObat Ай бұрын

@@nonino1644 if only you were that important to be even heard never mind considered

@thomasmusso1147 Ай бұрын

@@nonino1644 I hope that you are wrong. Financial Crime has killed people .. at the very least, ruined their and their families lifes.

@monipenny408 Ай бұрын

@@nonino1644 Meanwhile corporations are fine taking lives for profits? Are you are corporate think tanker or may be a democrat by any chance?

@kshitijoberoi1928 Ай бұрын

US does not have spine to lay such justice over there billionaires. Ethically bankrupt these crony capitalist economies are.

@JacquesdeMolai Ай бұрын

Compared to Sam Bankman-Fried, who got 25 years in jail, this lady was sentenced to death. Sometimes, it’s hard to believe we are living in the same world.

@orawancarlile6192 Ай бұрын

That is the communist world.

@jparsit Ай бұрын

The US is for the rich and no one above the law is only for the poor.

@deeznutz1803 Ай бұрын

I was just thinking this same thing as I clicked on this video seen the title. I think I rather have death then be stuck in a cell with bubba

@AKAPART Ай бұрын

Well said, if she did something wrong why let her get away with it to the point she becomes a billionaire, if anything these people should be put to use for their skills, because to get there isn't easy, but this shouldn't be allowed at all... some countries really need waking up... I say this because Sam Bonkman (Crypto nickname), is actually helping his inmates too and others...

@ofdeadkiller Ай бұрын

welcome to Vietnam

@brianpham8877 Ай бұрын

Seriously.. how much is enough.. the power of greed at work..

@Tiglath-PileserXIX Ай бұрын

For that level of greed, the government obviously thought it was appropriate to put her under.

@KK-ol5ov Ай бұрын

Imagine the US and UK having such drastic laws.

@ErrrorWayz Ай бұрын

Scotland will lock you up for 7 years for saying things someone think are mean so not far off tbh

@matthewishunting Ай бұрын

We need a few headlines like this in the US

@onlyme8117 Ай бұрын

Luck of the draw. Do this in the UK and you end up in the HOL.

@lindablackmore Ай бұрын

In Canada too, especially with our corrupt Prime Minister Justin Trudeau! 😡

@R.Iamondi Ай бұрын

All over the world.

@markbaston8147 Ай бұрын

Don't hold your breath.

@michaelrains64295 Ай бұрын

Govt is more responsible for the problems you’re referencing. Without their intervention, consumers could hold corporations responsible and have free markets with competition and choice.

@rayleighg9235 Ай бұрын

Oh damn. This is the first I've ever heard of a death sentence involving fraud and embezzlement. You certainly don't see that in the US

Ай бұрын

And do you want to see that ? Further barbarism ?

@racool911 Ай бұрын

We tend to be a more civilized country

@holymotherofpearl Ай бұрын

yes

@djstonge Ай бұрын

They probably have the judges in their back pocket

@stephenhan9680 Ай бұрын

If you deceive and embezzle exorbitant amount of money from public in US, you actually get extra bonuses and government bailout. How thoughtful and convenient. Money Printer: Brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

@colinjones5100 Ай бұрын

Greed has no boundaries and certainly no limits. To people like this woman and her accomplices, "Enough" is not a word they recognize.

@hoang7391 Ай бұрын

2:05: this is a good question and we know a number of people were dead by unknown reasons when Truong My Lan was captured. We also know that she was watched for years. The Ministry of Public Security has proposed to investigate her several times before but something prevented from happening.

@mikecappa1094 Ай бұрын

America needs this kind of justice for our corrupt officials.

@jlr194 Ай бұрын

A woke judge would have given her a slap on the wrist in the U.S 😂

@freespiritable Ай бұрын

That's how dictatorships start. It's always for a good reason, then you can do nothing cause you have no more right to.

@andrewcrowder4958 Ай бұрын

Name specific people convicted of specific crimes.

@user-cg3bg3hy7j Ай бұрын

That is why the Democrats have corrupted the system.

@S0ULJA006 Ай бұрын

@@andrewcrowder4958Donald Trump, reason? For stupidity and spreading it.

@stefani745 Ай бұрын

Comments from so many countries make you realize, people are the same all over the world. Corrupt people are everywhere and their people wish they can get punished, but they somehow get away with it. 😢

@brianneedham7582 Ай бұрын

Tony Blair top of UK list,his day of reckoning is not too far away!!

@CreationK. Ай бұрын

”In fact, everyone who wants to live a godly life in Christ Jesus will be persecuted, while evildoers and impostors will go from bad to worse, deceiving and being deceived.“* 2 Timothy 3:12-13

@joseph-mariopelerin7028 Ай бұрын

Yeah... its the same old story since Roman empire and probably before.... Also, i would take what being said on this channel with a whole bag of salt...

@Junaid-mw4hy Ай бұрын

Justice done. ⚖️ I rest my case.!

@skynette789 Ай бұрын

No wonder Vietman is progressing so fast as their judicial system works. RESPECT!!!

@Bob-ts2tu Ай бұрын

i saw this story on the news earlier, and wondered how much money is enough, $44bn is insane, pure greed.

@NickolaiPetrovitch Ай бұрын

That’s why I’m conflicted morally, but it’s 44B I mean.. she cost lives that’s such a huge number and such a chunk of their GDP

@martinefrancesmctiernan7624 Ай бұрын

America already has the death penalty. It has not stopped anyone doing it.

@lintran3211 Ай бұрын

GREED is really Good though.....just do it the LEGAL WAY (or legalized loopholes).....LOL

@asumazilla Ай бұрын

You would think there would be more oversight.

@ahmedmashhour1912 Ай бұрын

@@lintran3211 Greed is only good if you think you have no afterlife and this life is the only thing to live for but for the others who acutely care to research the concept of life and know what awaits us after death, they fear greed more than you can imagine.

@CP4Z167 Ай бұрын

Did she do this all alone? With this much money involved , I imagine there is a huge board room behind this?

@anhthuy1128 Ай бұрын

85 people, including politicians and businessmen, were arrested and imprisoned

@CP4Z167 Ай бұрын

@@anhthuy1128 sounds about right 👍

@arere9948 Ай бұрын

Her husband, Chu Nap Kee Eric, is also a billionare in Hong Kong, he has his own company in Hong Kong. He is also in this w her, it seems that he will serve 9 years in prison for "unknowingly helping her"

@TheEDNC Ай бұрын

Wow, are you thinking what I’m thinking?

@millogautam667 Ай бұрын

I think India too should apply this law. There are many billionaire tycoons 💰fraudster who have fled to safe house London after looting many banks here in India. And also the India banks blindly trust this tycoons. Vietnamese 🇻🇳law is awesome👏

@WestYorkshireGuy1 Ай бұрын

Rishi Sunak.

@CheekuCiku Ай бұрын

Your Modi has to be kicked out first. Regardless, India will remain a shithole

@user-md5bf8kc5e Ай бұрын

@@andromeda45188 such situations are indians also. I think she was made scapegoat to hide the national corruption businesses there. 🤔

@ritujrituja7129 Ай бұрын

It is not possible in India because all fraudsters are Friends to Indian government and law is not above Government in India.

@chienpham6144 Ай бұрын

@@andromeda45188 that's a naive interpretation of political environment in Vietnam. Your comment is subjective and misleading.

@myworldproductions Ай бұрын

Talk about being held "accountable" for your actions.

@alexishernan4289 Ай бұрын

44 billion?! I wonder how she get the death penalty for this...

@AnthonyfrmYO Ай бұрын

Greed is a special kind of sin . Imagine being worth billions of dollars and still you feel the need to cheat . This kind of accountability needs to go international .

@bbd121 Ай бұрын

I'm surprised it took so long for Vietnam to notice US$44billion went missing. And US$27 billion is unrecoverable?Why didn't she leave while she was ahead?

@TrapstarJolene Ай бұрын

Yea me too

@LAFITZ10 Ай бұрын

GREED IS A BOTTOMLESS PIT - you can SEE THAT yes???? don't you SEE the GREED?????

@spikebonjour4890 Ай бұрын

She did it slowly across 10 years, bribed inspectors and state officials, has deep political ties, and did it with her cronies and shell companies in tax havens. Also the number of lawyers representing her in this case were three digits.

@MrEricmopar Ай бұрын

Because the average person doesn't want that much money and power. These oligarchs like her, are padding accounts to fund takeovers of governments. Suffice it to say, they are literally mad with power and mentally insane in the first place.

@pleasestopdisassemblingmylimbs Ай бұрын

@@LAFITZ10YES THANK YOU I SEE THE GREED!!!!!!! Thank you for clarifying THAT IT WAS GREED!!!!!! I do SEE THAT!!!!!!!!!

@feija0zinh0 Ай бұрын

We need more of these penalties in the states

@Tiglath-PileserXIX Ай бұрын

That's funny. Didn't the US fought a war against this country? Are you suggesting the US was on the bad side then?

@feija0zinh0 Ай бұрын

Everyone knows it was an unnecessary war

@arpansaha2111 14 күн бұрын

It definitely was@@Tiglath-PileserXIX

@Centurio-LegioX-Equestris Ай бұрын

It's like stealing all the capital funds of a small nation.

@captain_context9991 Ай бұрын

The court case took 5 weeks. While in America the whole legal & justice system tries its best to let billionaires off the hook. Its almost impossible for any of them to see the inside of prison.

@ISirSmoke Ай бұрын

and to imagine one of those criminals is trying to run the country

@andyhelliwell4955 Ай бұрын

@@ISirSmoke Obama ?

@camj1758 Ай бұрын

@@andyhelliwell4955is he trying to run the country?

@bobfaam5215 Ай бұрын

@@camj1758OBAMA is actually running the country . BIDEN is just his tool .

@captain_context9991 Ай бұрын

@@camj1758 Haha when asked... A lot of Americans will tell you Obama still runs the show behind the scenes.

@user-ru3ql6ji4p Ай бұрын

In some parts of the World billionaires are above the law. Not in Vietnam.

@colonelarmfeldt8572 Ай бұрын

The Vietnamese Communist Party is ridiculously corrupt. She was sentenced because she simply took too much, and because she didn't have the right connections within the Communist Party.

@dimasbeltran866 Ай бұрын

Well, when it effects the big guys this is what happens. But, when if effects us little guys they could care less !!!

@pranititiwari6525 Ай бұрын

In India 😅😅.....fraud seems to be an every day matter 😅😅😅...

@user-se7vt5ow4e Ай бұрын

@@pranititiwari6525same in Amerikkka.

@47coffee Ай бұрын

So you see one person, one single person take the fall, and suddenly you're all "Hail Vietnam, Hail! Hail! Hail! That's how you do it! Vietnam is a role model"? lol

@caniborrowapencil5160 Ай бұрын

It’s satisfying to know that I’m living happier with 900$ in my bank account than she is with 44bn$ 😂

@BeefaloBart Ай бұрын

Death sentence seems legit for a crime of this magnitude.

@tigermanhappy7875 Ай бұрын

In the States, we have legalized this kind of fraud thing

@mattyudin7792 Ай бұрын

Then go do it, what stops you (except for being a liar)?

@scienceisreal779 Ай бұрын

@mattyudin7792 well I doubt they are a member of congress

@awardwinningcritique6895 Ай бұрын

BS I don't even live in the states and can tell you you have an FBI fraud squad you can report this to online. Like I did in 2009

@EingefrorenesEisen Ай бұрын

There's also such a thing as morals that wouldn't allow us to live with ourselves if we did what these people do just for wealth and power.

@NoLimit4949 Ай бұрын

And make a documentary for it

@amillionwhooshes Ай бұрын

$44 billion USD wow! Just for context, the GDP of Vietnam was $408.8 billion USD in 2022. So 1 person took 10% of Vietnam's GDP in a country with a population of 98 million people.

@blindbrad4719 Ай бұрын

I think your maths might be a bit hinky, 44 was over 10/11 years not one.

@CaptainShonko Ай бұрын

@@blindbrad4719 doesn't matter if she obtained it over 10/11 years, 1 year, or 50 years, she's still obtained a total amount the equivalent of 10% of Vietnam's GDP. No maths error here, your understanding of the sentence might be a bit hinky. 🙂

@blindbrad4719 Ай бұрын

@@CaptainShonko yep you're right 😂 I really need to turn down my TTS speed sometimes 🤦 😂

@FakenameStevens Ай бұрын

However hard you work in Vietnam, a month and a fifth’s worth of that is going to someone you don’t know. Not benefits, someone you don’t know.

@This_tub Ай бұрын

A lot of Communists got rich from prosecuting her. That's how it works in Commie VN

@revanchists Ай бұрын

Hundreds of lawyers went through 6 TONS of documents for this case. What a nightmare. And the full extent was only brought out into the open because of her driver's notebook that logged billions of cash withdrawn

@somethingclever8916 Ай бұрын

They need to do this world wide instead of just bail outs. It would keep them in line

@tempejkl Ай бұрын

Socialism is the way

@danielkaszas2982 Ай бұрын

Vietnam respecting the rule of law more than the USA, or any other western "democracy" where billionaires are untouchable. What a time to be alive.

@NguyenAnhVu10 Ай бұрын

Vietnam does not "respect" any rule of law. Everybody bribes from top to bottom. EVERYONE. As soon as you step foot out of the airplane in an airport, you can already see some kind of bribery going on.

@eddie1683 Ай бұрын

Vietnam is one of the most corrupt countries 😂

@bluescale8626 Ай бұрын

You should move over there

@OnlineEnglish-wl5rp Ай бұрын

She seemed to avoid the "rule of law" for rather a long time ; ) I guess you missed the jailing of Sam Bankman-Fried?

@jaimep3432 Ай бұрын

@@bluescale8626what a puppet

@siamanspaps Ай бұрын

I praise and lift my hat off for Vietnam. Respect.

@pizzaandplaza7610 Ай бұрын

Crazy!

@DanSong47 Ай бұрын

She must’ve pissed off some of her billionaire colleagues for them to rat her out like this.

@YogaBlissDance Ай бұрын

That's what I think too, someone still in shadows will continue or has taken "enough" billions/millions.

@mysterioanonymous3206 Ай бұрын

Definitely. Everyone there is corrupt. Something else is going on here behind the curtain, for sure...

@manenwan Ай бұрын

No one rat her out, the bank that she was siphon money from was in such a terrible financial state that people cant even withdraw money from their account anymore. Simply because the bank had no money left, she sucked it dry

@KhanhDinh291 Ай бұрын

this has been a long time coming. 10 years ago she escaped a smaller but similar case, while her coconspirators got killed, yet still didnt learn and continued her wretched way

@manenwan Ай бұрын

@@KhanhDinh291 should have stopped then but she fucked around and found out

@NealX_Gaming Ай бұрын

People like this are just unbelievably sick. Those levels of wealth are literally meaningless, just numbers on ledgers, what could one person possibly do with that much money?

@user-fl1pc7zu7f Ай бұрын

wow really how uninformed are people it isn't in her pocket it is money she got to put into building real estate

@kimthien4794 Ай бұрын

Dù đúng hay sai ko thể phủ nhận bà ta là một người phụ nữ có tài !

@MrTastiesFoodReview Ай бұрын

It will allow her to corrupt and control the country Vietnam from behind the scenes.

@masvingozimuto Ай бұрын

@@user-fl1pc7zu7fThere is no difference. Wether it was money in her pocket, in the bank or in assets, she can't do anything with that money. That's why Warren Buffett and Bill gates dicided to donate a big chunk of their wealth

@ttteeaa Ай бұрын

@@kimthien4794 có tài nhưng không có đức! Chỉ có thể là đồ vứt đi thôi.

@mainamwareri6984 Ай бұрын

Wouldn't a life sentence without possible parole suffice for her crime, serious as it is?

@grime2.085 Ай бұрын

No she would just buy her way out and bribe the guards to live in luxury the government murders the poor in there millions all the time we are getting killed do not cry for this woman

@isoldejaneholland8370 Ай бұрын

Can we get this here in the USA? Well, at least for one specific case currently in the courts......

@JohnDoe-tx8lq Ай бұрын

After the first billion, you should quit while you're ahead.... 🤔

@juice6521 Ай бұрын

Most billionaires are sociopaths, their need to amass more personal wealth for the sake of having more money. Rather than improve the quality of life for their employees they do whatever they can just hoard more money. It's capitalism 101.

@kevinhurley6919 Ай бұрын

Nah, wait until it goes from a b to a t

@CJBhattarai Ай бұрын

right ....greedy

@JoshuaMartian-go3tm Ай бұрын

I guess for some, 5 yachts, 3 homes just isn't enough. 🤷‍♂

@0hffs Ай бұрын

while she could have a head lol

@jayleeds2006 Ай бұрын

$44B is just over 10% of Vietnam's GDP.

@nhathongthaivn Ай бұрын

yes, It's even more Cambodia and Laos' GDP

@jayleeds2006 Ай бұрын

@@nhathongthaivn Wow. That's hard to believe, but you are absolutely right.

@user-fl1pc7zu7f Ай бұрын

and from it she employed 1000's of people to build the buildings that would provide housing and places for shops and businesses.

@Thefloraisflying Ай бұрын

god forbid they ever investigate the UK's property "developers/investors"

@m3talentagency680 Ай бұрын

Despicable. Greed, for a lack of a better word is bad. Greed doesn't work. Greed is destroying the world.

@RandomNooby Ай бұрын

I wonder how many thousands of deaths her crime led to...

@Chyoonz Ай бұрын

On the contrary, you'll probably find it helped alot of people & their family in terms of employment. Banks would have invested that money abroad for profit without a single poverty stricken person getting a penny from it. Not saying I endorse her action, just giving you a panoramic view.

@letony93 Ай бұрын

@@Chyoonz lol try getting you entire life saving stole and being homeless in the last time of your hard labor life, for millions of people and you will know why death is so easy for her.

@hongfeiwei2710 Ай бұрын

@@Chyoonz ye and ppl also lost money. 42000 victims were scammed by her actions, so problems>>benefits

@shashidharshettar3846 Ай бұрын

My RESPECT towards Vietnam went Sky high. I’m an Indian and I will say that “India’s political, judiciary, police and Indian society itself have lot to learn from The Great Vietnam and shame Indian infrastructure. Please know I’m an Indian.

@gadgetgasspoll2923 Ай бұрын

Thanks to communism 😏

@DDM_08 Ай бұрын

@@andromeda45188source: trust me bro. bro vietnam was still poor maybe 30 years ago, its literally one of the best countries in Asia today

@theinfinitymachine9610 Ай бұрын

Actually I know a distance uncle who worked in S. Korea for 10 years. It was a huge sacrifice bc the whole time he couldn't go back and see his wife. However, after his contract he went back home to Vietnam and could afford to build a 5 story house for his kids. When the company opened the branch there in Vn, they hired him as a manager. There are lots of laborers but many other countries like hiring educated talent pool from Vn.

@meryllamistoso Ай бұрын

most vn politicians are corrupt. MOST of them lol. i don't think it's something admirable. this act is only doing a little about the ridiculous situation

@thanhtrieu3606 Ай бұрын

Become s communist then

@ksdnsdkumar1375 Ай бұрын

In India, we never sentence woman to death.

@Sjalabais Ай бұрын

Vietnam's GDP is about 410 billion USD per year. So for 10 years, she managed to sneak off 1% every year? The scale is almost improbable. There's obviously a large network of collaborators that is just as guilty. And who is going to pay for it all? Yeah, it happens on the back of ordinary people...

@alexutzusrl100 Ай бұрын

Justice served cold. RESPECT Vietnam!!!

@HeathenLaudiano Ай бұрын

Based communism be like. Inb4 butthurt Americans say communism bad

@tiensinhnguyen8592 Ай бұрын

@@andromeda45188Are you living in Vn rn?😂

@lishen6347 Ай бұрын

@@andromeda45188in the USA , she will be president...so what are you talking about?

@HeathenLaudiano Ай бұрын

@asterix45 they aren't tho, this is literally what they do to corrupt billionaires in Vietnam. This isn't the first time either

@HeathenLaudiano Ай бұрын

@asterix45 dozens of affiliated politicians and executives are also being tried. I'm sorry corporate American propaganda has u so brainwashed

@zenzender3790 Ай бұрын

Looks like $44 Billion dollars can't be taken to grave.

@katalinrobin6222 Ай бұрын

not a penny can be taken to grave.

@Christina.Branch Ай бұрын

Well, I guess he really took 'bank fraud' to a whole new level!

@DarylSolis Ай бұрын

Nobody should be sentenced to death for a totally non violent crime.

@Rxtyel-lu6gz Ай бұрын

it's still indirect violence, her actions have and will continue to negatively impact Vietnam's economy, leading to the suffering of its citizens

@ImmaOlerum Ай бұрын

Whole life imprisonment was an option for her not death penalty. She didn't commit any physical murder

@jhunz23 Ай бұрын

Philippines 🇵🇭 will loose all of its Politicians if we have the same laws and efficiency as Vietnam 🇻🇳 Kudos Vietnam!

@bettylaban9696 Ай бұрын

And in the entire Africa, there would be no politician left, past, present and maybe future.

@stepupyourgame9510 Ай бұрын

Its the same everywhere mate

@quattrobajeena8623 Ай бұрын

Too bad you elect the same criminals to run your country

@fidelcatsro6948 Ай бұрын

Just returning the 44 billion dollars back to the population as free shopping vouchers will stimulate the Pinoy economy into a Dubai!

@billie-J Ай бұрын

Napoles and cohorts went away

@tonyhaynes9080 Ай бұрын

Just a bit harsher than the five years she would have got in the UK.

@ram64man Ай бұрын

This is why the U.K. law systems new a complete overhaul first off ended echr

@Nottyastro Ай бұрын

The UK is a shitshow fr. Such a shame. It was once a lovely place.

@isabellewhite3505 Ай бұрын

With a limp apology, she would have dodged a prison sentence

@Betinasorangeboxcom Ай бұрын

She would of got longer than 5 years ,

@JohnJones-ct9pr Ай бұрын

Five years ? Are you sure ?. I think should would probably be awarded an OBE and given a peerage.

@user-yw1rp4rj4u Ай бұрын

Should have accounted for the transfers as “Performance Bonuses”…..

@Netra08274 16 күн бұрын

My Respects to Vietnam I wish we had similar rules, here in India Everyone should be held accountable for their acts, regardless of their societal positions

@richpaydirt Ай бұрын

I’m glad to see that justice still exists somewhere on planet earth. There’s little or none left in America. People are even allowed to freely commit crimes In some cities and the rich, famous and politicians are almost untouchable.

@Saudyization Ай бұрын

It won't last long.. all powerful fame and rich goes down someday.

@Tiglath-PileserXIX Ай бұрын

Don't forget America fought against this country. Just imagine if America won, that lady would not be facing the death penalty.

@RDPendleton Ай бұрын

Pardon my language, but Vietnam don't fuck around, goddamn.

@catalinacurio Ай бұрын

My brother has just returned from Vietnam, he loved it but he wouldn’t do anything crooked.

@LAFITZ10 Ай бұрын

??? they sure DID for 11 yrs as she grabbed 44 BILLION w/a "B"

@intello8953 Ай бұрын

⁠@@catalinacurioerm why would your brother even think about doing anything “crooked”?

@DungTran-kk6en Ай бұрын

They set her up .. to get all the money from her

@DDM_08 Ай бұрын

For a country that defeated France, Japan, USA, Liberated Cambodia from Pol Pot’s Genocide, and China all in the last century. You don’t say.

@armandosanchez4830 Ай бұрын

That’s crazy

@JP-ho6zc Ай бұрын

The moral of the story: Play STUPID games, win STUPID prizes.. 😂😂

@napalmholocaust9093 Ай бұрын

America needs that kind of court.

@michaelGarvey6587 Ай бұрын

Uk too

@azulaquaza4916 Ай бұрын

We’d be called barbaric and the 8th amendment would contest it

@-.._.-_...-_.._-..__..._.-.-.- Ай бұрын

@@azulaquaza4916 Rightfully so.

@dieterdodel835 Ай бұрын

The whole world!

@fidelcatsro6948 Ай бұрын

You need Cuban style policing then to achieve that..

@LadyCleo1 Ай бұрын

Whoever let this happen should get the same sentence as she did not act alone.

@gayu73 Ай бұрын

Wow that's a lot.... Too greedy😱

@sidborromeo8409 Ай бұрын

If only we could have the same justice in the Philippines, we would be one of the most prosperous and happy country in the world.

@vasilispatsalidis5683 Ай бұрын

The next fraudster will be a bit more careful.

@marcos.1771 Ай бұрын

Or has already left the country.

@TheBattleMaster100 Ай бұрын

Doubtful, greed is a serious thing.

@momentumstocks3493 Ай бұрын

@@TheBattleMaster100 They are stupid.

@mookiewilson4166 Ай бұрын

If you’re government, you can just do the same thing legally.

@littledudefromacrossthestr5755 Ай бұрын

🤣

@Gr8Incarnate Ай бұрын

Now THIS should be the punishment for white collar crime in the US

@ravinepz Ай бұрын

Why dea*th sentence ? Its just money , life time in jail is enough.

@HaHa-bn7wu Ай бұрын

causing 3 people to commit suicide and take assets abroad, specifically Hong Kong. The super-rich Hong Kong man who was arrested brought a lawyer to ask Vietnamese law to lighten her crime. What do foreigners ask for? The law had to let her go because she was arrested, but the super-rich in Hong Kong hired a lawyer to help her escape the crime

@HaHa-bn7wu Ай бұрын

This is out of control. She often brings money to Hong Kong. When she gets caught, the super-rich in Hong Kong even bring lawyers to help her get away with it. The Vietnamese government has to do the same. She's helping outsiders harm her. Vietnam, she is Vietnamese but of Chinese origin