Real estate tycoon Truong My Lan was sentenced to death by a court in Ho Chi Minh City in the country’s largest financial fraud case ever, state media Vietnam Net said.
  • Lad@reddthat.com
    0·
    7 months ago

    I don’t support the death penalty, but I do support harsh punishment for this kind of massive scale fraud.

    • Dasus@lemmy.world
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      7 months ago

      Completely agree, the death penalty isn’t necessary, but I am glad of the message this sends to some rich folk. Probably mostly Vietnamese ones, but still.

  • HonestMistake_@lemmy.ml
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    7 months ago

    I’m usually not fond of the death penalty, but these are the kind of people it should be reserved for.

  • Howdy@lemmy.zip
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    7 months ago

    Meanwhile in usa… Our very own real estate fraudster with 91 felony charges is the pick of 50% of the country to be president.

    That was bizarre to type. I can’t believe this is reality.

    • Ghostface@lemmy.worldEnglish
      0·
      7 months ago

      Or the fact the other real estate fraudsters who admitted dont convict Trump of the crime we are also doing!

      I can’t say nothing will happen to them as I thought, nothing would happen to Trump and here we are.

      I also have a biy more respect for giving someone enough rope to hang themselves. If Trump would of been stopped before his presidency, due to all of the reason any previous candidate would of been disqualified. We wouldn’t be here either.

      • Agrivar@lemmy.world
        0·
        7 months ago

        Or the fact the other real estate fraudsters who admitted dont convict Trump of the crime we are also doing!

        I keep reading and rereading this “sentence” and I’ve come up empty. Can you clarify?

        • Ghostface@lemmy.worldEnglish
          0·
          7 months ago

          Sure! In summary the political process would of discarded Trump as a candidate before reaching office. For reference there was a politician who dropped from running because he had a weirdish yell played across the air.

          Then you have Trump in office, having never divested from his companies, from day one Trump was in violation of a crime. Now here is where the rope comes into play. Trump was playing the gambit of not bring charged while in office which allowed him to believe he could keep delaying the clock.

          Now due to his corruption, he has taken down the GOP, that party is slowly imploding, judges, politicians he has exposed the entire grossness of the system.

          So short rope, no insurrection maybe… Long rope and it leave a wider wake of destruction. RNC downfall, GOP splitting up…

  • Sludgehammer@lemmy.worldEnglish
    0·
    7 months ago

    The 67-year-old chair of the real estate company Van Thinh Phat was formally charged with fraud amounting to $12.5 billion — nearly 3% of the country’s 2022 GDP.

    Wow, when your fraud starts being measured in “percentage of GDP” you know you got too greedy.

  • octopus_ink@lemmy.mlEnglish
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    7 months ago

    I read the article and I know her fraud was extensive but - anyone else feel like the death penalty for fraud is a bit over the top?

    • bstix@feddit.dkEnglish
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      7 months ago

      A death sentence is always excessive.

      Fraud should be punished heavily though. Someone or several someones probably already died as a consequence of that money missing in the system. I’m not sure if a long jail sentence would be much better, with her being 67 it’s a death sentence either way.

      In my opinion they ought to follow the money. It’s impossible for these amounts to just disappear or to have been used by her. It would make sense to keep her alive if there’s any chance of recovering more of that lost money. But maybe that’s the point.

      • antidote101@lemmy.world
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        7 months ago

        Just seemed to have no logical end point. Like stop, you’ve got yours, retire from the game before you die… Well, now she’s going to die early. That’s heavy but it’s the path she chose.

    • Match!!@pawb.socialEnglish
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      7 months ago

      I don’t think anyone should suffer the death penalty, but I also think that there must exist some amount of generalized damage that is enough to cause surplus deaths

    • Olhonestjim@lemmy.world
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      7 months ago

      Just about the only thing I agree with for the death penalty. Everything else can be reformed or quarantined. Wealth and power are cancerous. Doesn’t matter where they are, they will never stop trying to take over, and total destruction is the only way to ensure they never get loose to wreak havoc on millions of us ever again.

    • davel@lemmy.mlEnglish
      0·
      7 months ago

      Whether the death penalty should exist at all is a separate question, but Marxists generally recognize Engels’ conception of social murder.

      When one individual inflicts bodily injury upon another such that death results, we call the deed manslaughter; when the assailant knew in advance that the injury would be fatal, we call his deed murder. But when society places hundreds of proletarians in such a position that they inevitably meet a too early and an unnatural death, one which is quite as much a death by violence as that by the sword or bullet; when it deprives thousands of the necessaries of life, places them under conditions in which they cannot live – forces them, through the strong arm of the law, to remain in such conditions until that death ensues which is the inevitable consequence – knows that these thousands of victims must perish, and yet permits these conditions to remain, its deed is murder just as surely as the deed of the single individual; disguised, malicious murder, murder against which none can defend himself, which does not seem what it is, because no man sees the murderer, because the death of the victim seems a natural one, since the offence is more one of omission than of commission. But murder it remains.

    • PowerCrazy@lemmy.mlEnglish
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      7 months ago

      It’s not just “fraud.” She cost people’s livelihood, broke up families, and made people homeless directly through her actions. Even speaking as a marxist, banking isn’t all intangible made up stuff. There are real individuals suffering consequences, and most of them aren’t just rich people doing rich people things.

  • vikinghoarder@infosec.pub
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    7 months ago

    I don’t believe these things happen because of great work or investigations, she must have stepped on someone else’s toes or something, that’s the only way influential people go down…

    • Diplomjodler@lemmy.world
      0·
      7 months ago

      There’s your answer:

      Her actions “not only violate the property management rights of individuals and organizations but also push SCB (Saigon Joint Stock Commercial Bank) into a state of special control; eroding people’s trust in the leadership of the Party and State,”

      • Aria@lemmygrad.ml
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        7 months ago

        Is this stepping on someone’s toes? “If we don’t hold rich people accountable, people will think we don’t hold rich people accountable”.

        • interdimensionalmeme@lemmy.ml
          0·
          7 months ago

          And this scream of, we’ll make a barbaric and extreme example out them for violating our god, money, and nobody will question our resolve and ability to catch the 99.99% of those who get away with it.

          • Aria@lemmygrad.ml
            0·
            7 months ago

            What are you talking about? The money is the combined output of the workers of Vietnam. It’s people’s money, they have the right to protect it from parasites. The people’s government went after a capitalist to protect the people’s livelihood.

            I don’t think the death penalty is ever right, but acting like this person wasn’t the worst type of criminal, and that the legal system didn’t enact the will of the people here is wrong.

            • interdimensionalmeme@lemmy.ml
              0·
              7 months ago

              Liars are not the worst kind of crininals, by a wide margin, and this particular type of liar was enabled by the greed of others as well as that of the state. Nobody loses “percentages of the gdp” on their own. This barbarism has nothing to do with justice and everything to do with the butchers of the state trying to save face and fulfill their promess of infinite vengeance against those who would embarrass it.

              The Earth needs cleansing from the statism infection, today’s most wretched mental illness.

              • Aria@lemmygrad.ml
                0·
                7 months ago

                Not liars, criminals with tens of thousands of victims. If you don’t want the state of Vietnam to conduct executions then they need to fall out of favour with the people. This is an issue of societal values. If instead just the state felt embarrassed, then carrying out a punishment abhorred by the people would only embarrass them more.

                • interdimensionalmeme@lemmy.ml
                  0·
                  7 months ago

                  It’s a killer state, the people will have to do what it says. Or else… The state is only embarrassed to have its deadly coercive deterrence disrespected.

                  The solution to that is easy, state sanctionned executions. What better way to keep tge population in line and trust your the one and only strong man they crave so much.

    • 20kHz@lemm.ee
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      7 months ago

      You must be from VN to know that thing. That’s for real though