State media: Court jails Vietnamese tycoon for 21 years for $146 mn fraud

FILE - Trinh Van Quyet, a prominent Vietnamese business tycoon, is escorted to a court for his trial of defrauding stockholders, in Hanoi, July 22, 2024.

A former Vietnamese property and aviation tycoon was jailed for 21 years on Monday for fraud and stock market manipulation worth $146 million, state media said.