She Stole $12.5 Billion (And Got The Death Penalty)

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Jan 8, 2026 #Vietnam #TrueCrime #Documentary
In 2024, a 67-year-old billionaire heard three words that shook the world: "Death by execution."

This is the true story of Truong My Lan, the woman behind one of the biggest financial frauds in human history. From selling hair accessories in a street market to controlling a banking empire, she stole $12.5 billion—an amount equal to 3% of Vietnam's entire GDP.

How did she manage to control 90% of a bank without anyone noticing? How did she bribe government officials with millions in cash? And why did the court decide that prison wasn't enough, sentencing her to the ultimate punishment?.

In this episode of Capital Sins, we investigate the rise and fall of the Tycoon who broke an entire country's economy.

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⏱️ TIMESTAMPS
00:00 The $12.5 Billion Heist
01:12 From The Market To Millions
02:50 Building An Empire (Van Thinh Phat)
04:59 The Fraud Machine: How She Did It
06:47 The Collapse & Bank Run
09:57 The Aftermath: Death Sentence
11:49 The Lesson

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🔍 RELATED TOPICS
The Crime: Embezzlement, Bribery, Banking Violations.
The Damage: $27 Billion in total losses to SCB Bank.
The Verdict: Death penalty for Lan, life imprisonment for accomplices.

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