Vietnam: 115 Billion VND Embezzlement Case, Assets Allegedly Hidden Under Relatives' Names
In Ho Chi Minh City, Vietnam, a former sales manager of a plastic packaging company has been arrested on suspicion of embezzling approximately 115 billion VND (around 6.7 million USD). The embezzled funds were allegedly converted into real estate, luxury cars, and gold, and hidden under the names of relatives. The former manager and his accomplices are expected to be prosecuted for fraud, and his relatives for money laundering.
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