Jump to content

Vietnam huckster gets life for $101M fraud


snoop1130
 Share

Recommended Posts

luyen169451671265254jpeg704916-7901-2585-1672321134_r_680x408.jpg

Nguyen Thai Luyen stands before the HCMC People's Court, December 29, 2022. Photo by VnExpress/Dinh Van

 

A Saigon real estate con man was sentenced to life in prison Thursday after swindling around VND2.4 trillion ($101.6 million) from 4,560 people.

 

Nguyen Thai Luyen, 36, president of Alibaba, had conned thousands of unwitting Vietnamese citizens into buying fake real estate properties, the HCMC People’s Court said.

 

Vo Thi Thanh Mai, Luyen’s wife, received 20 years in jail for the same charge and 12 years for money laundering. Her sentence, totaling at least 30 years in prison, is the maximum term for non-life imprisonment in Vietnam.

 

Full Story: https://e.vnexpress.net/news/news/saigon-real-estate-firm-president-gets-life-for-tricking-101m-from-thousands-with-fake-projects-4554311.html

 

vne_international.jpg
-- © Copyright VN Express 2022-12-30
Link to post
Share on other sites

Sam Bankman-Fried will probably get a few months in a county-club prison in the US.

Interesting.  The dude had a laptop and was busy (transferring funds from Alameda to various crytpo-mixers to fund his defense?) 
The (stupid) judge should have recluse him from using a computer as part of his bail.

But then, how does the judiciary get it's cut?

Edited by connda
Link to post
Share on other sites

26 minutes ago, connda said:

Sam Bankman-Fried will probably get a few months in a county-club prison in the US.

Interesting.  The dude had a laptop and was busy (transferring funds from Alameda to various crytpo-mixers to fund his defense?) 
The (stupid) judge should have recluse him from using a computer as part of his bail.

But then, how does the judiciary get it's cut?

You only need to go even more off topic now by somehow mentioning Trump or Biden in order to be crowned today's Mister America.

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
[
×
×
  • Create New...