Vietnam Stock Fraud Trial of Ex-FLC Chairman to Begin This Month
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The stock manipulation trial of real estate developer FLC Group JSC’s former chairman Trinh Van Quyet and 49 other defendants will begin July 22, according to a posting on the government’s website.
Quyet, his sister Trinh Thi Minh Hue, and others are accused of earning an illicit profit of about 723 billion dong ($28.4 million) by manipulating five stocks, according to the posting.