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flag Vietnamese tycoon Truong My Lan faces death penalty or life sentence for $12 billion fraud.

flag Vietnamese tycoon Truong My Lan faces the death penalty after being convicted of masterminding one of the largest frauds in history, embezzling over $12 billion from Vietnam’s financial system. flag Her sentence could be commuted to life if she repays $9 billion. flag The fraud, which shook confidence in Vietnam's economy, also led to a separate life sentence for Lan on charges including money laundering and illegal money transfers.

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