Big Take

How an Infamous Vietnamese Businesswoman Engineered a $12 Billion Fraud

Oct 15, 2024
In an eye-opening discussion, John Boudreau, Bloomberg's Vietnam bureau chief, dives into the shocking case of Truong My Lan, a Vietnamese real estate mogul convicted of orchestrating a $12.3 billion fraud. He unpacks her meteoric rise to wealth and subsequent fall to death row, revealing how she embezzled vast sums for years. Boudreau also explores the implications of her fraud on Vietnam's economy and its ongoing battle against corruption, shedding light on the broader impacts for both local businesses and international investors.
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