How did Vietnamese tycoon ‘Shark Thuy’ allegedly defraud 10,000 investors of $325 million?
Vietnam News 15:22 26/09/2026Thousands of investors bought shares expecting returns from Shark Thuy’s education business. When funds ran short, he allegedly used 70 percent of money from new investors to pay earlier ones, with the remaining 30 percent transferred to the company.
Accused scam boss Chen Zhi arrested in Cambodia, extradited to China: Phnom Penh
World 10:19 08/01/2026PHNOM PENH -- Chinese-born tycoon Chen Zhi, who was indicted by the United States on fraud and money-laundering charges for running a multibillion-dollar cyberscam network from Cambodia, has been arrested there and extradited to China, Phnom Penh said Wednesday.
Vietnam files fourth criminal charge against Da Nang tycoon
Vietnam News 16:00 10/08/2018Four other suspects are also facing charges for links to Phan Van Anh Vu’s case
Da Nang police chief denies receiving luxury villa from notorious tycoon
Vietnam News 16:04 21/04/2018The 1,000-square-meter villa is valued at around VND100 billion (US$4.4 million)
Daughter of Korean ferry tycoon detained in France
World 19:45 28/05/2014Judicial sources said a judge had decided against releasing Yoo Som-Na, 47, on bail following her arrest on Tuesday under an international arrest warrant.
