Vietnamese tycoon loses death row appeal over world's biggest bank fraud

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Vietnamese property tycoon Truong My Lan has lost her appeal against the death sentence handed down to her for masterminding the world’s biggest bank fraud.

The 68-year-old is now in a race for her life because the law in Vietnam states that if she can pay back 75% of what she took, her sentence will be commuted to life imprisonment.

Of that prosecutors say $27bn was misappropriated, and $12bn was judged to have been embezzled, the most serious financial crime for which she was sentenced to death.

Vietnam has the right idea.
 
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