Meanwhile in the 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.
News from around the world!
Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc
Meanwhile in the 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.
You didn’t even mention the raping
Trump has more felony charges than Biden has years of age
'Nam wins again.
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.
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.
According to prosecutors, over a period of three years from February 2019, she ordered her driver to withdraw 108 trillion Vietnamese dong, more than $4bn (£2.3bn) in cash from the bank, and store it in her basement.
That much cash, even if all of it was in Vietnam's largest denomination banknotes, would weigh two tonnes.
From a BBC article
I think people like her deserve to spend the rest of their lives in prison, but no crime, no matter how severe, deserves a death penalty.
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...
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,”
When rich people get affected, people go down
Finally some good fucking news!
Now if only we could do this to blackrock execs in burgerland
Doing a multi billion dollar realestate fraud, in a semi-communist "Socialist Oriented Market Economy"....
...yeah the penalty is gonna be on the steep side. Landlords, rent seekers, and fraudsters aren't looked upon nicely anywhere, but particularly so in a country with that relationship to communism.
Landlords aren't generally considered communal minded. Fraud isn't good for the community, it's not done for the collective good.
The immune system of the masses has weeded out the what was going on here, and will deal with it via putting the perpetrator to death. Making sure this outrageous and damaging conduct will not continue or be encouraged.
It's a tough call, and they're making it.
sucks to be a criminal billionaire in a socialist-ish country
Vietnam continues to win.
I'm usually not fond of the death penalty, but these are the kind of people it should be reserved for.
Meh, could have just as easily seized her assets and prison forever
iirc the death sentence is just being used as a motivation for her to return all the stuff she got from corruption and if she does it'll be downgraded to life in prison
I don't support the death penalty, but I do support harsh punishment for this kind of massive scale fraud.
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.
Has the death penalty been used for this sort of crime before in Vietnam and has it been effective at deterring others in a measurable way?
In Vietnam? Not sure. The French seemed to have a lasting benefit from doing this to every landlord they could lay hands on in the late 1700s, though.
Great for them! Happy for you Vietnam 🙂
Wait, so in other countries… fraud has consequences?
…negative consequences?
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?
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.
Personally, I don't think she should ever be allowed to die until she pays back her debt to society. Death is too easy.
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.
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.
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.
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