Nearly $115 Billion Illegally Acquired; Assets Including Land, Luxury Cars, Gold Allegedly Registered Under Relatives' Names
In Ho Chi Minh City, a former sales manager and others from a plastic packaging company are accused of defrauding nearly 115 billion VND (approximately $4.8 million USD). The perpetrators allegedly used the ill-gotten gains to purchase land, luxury cars, and gold, registering the assets under the names of relatives to conceal them. This case highlights corporate crime and asset concealment within Vietnam.
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