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The Nexus
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Real estate fraud case

Coverage of Real estate fraud case in the Nexus archive.

Earliest in view: May 22 · 04:11 UTCMost recent: May 22 · 04:11 UTC
Co-mentioned in this coverage
Truong My Lanperson1Vietnamplace1Hermèsorganization1US$27 billion damagestopic1
Recent coverage
  • BUSINESSMay 22 · 04:11 UTCSCMP CHINA
    Vietnam sells disgraced tycoon’s Hermes bags to recoup US$27 billion in damages

    Vietnam auctioned two Hermès handbags owned by disgraced real estate tycoon Truong My Lan for $539,000 as part of efforts to recover $27 billion in court-ordered damages from the nation's largest fraud case. The government is systematically auditing and liquidating Lan's assets to recoup losses and compensate approximately 42,000 bondholders who have so far received over 12 trillion dong in repayments.