Billionaire Sentenced to Death For MASSIVE Fraud

The largest bank fraud in history, and a sentence to fit the crime.
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/ kirayt
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#vietnam #fraud #documentary

[@surveyor1515]

You’re asking if she has blood on her hands? My guy, she is completely submerged in blood

[@defaulted9485]

Had a friend in medical sector which village economy struggled. The stories of people unable to pay cheaper bills kept me up at night. Farmer couples sold their rice fields so their only children with autoimmune can live 2 more weeks. Poor people grew stunted from bad economics stuck in systematic poverty. People unaware of chemical waste in their living area and unable to move out for education funds are missing. Volunteered at small health center and see their medical books misprinted and impractical. Hundreds of thousands of US Dollars misappropriated by a corruptor to flee to Thailand instead of injecting the local economy. Any corruptor who refuses to pay back their stolen items deserves to be jailed as long as the conversion of yearly wage labor income, taken from people by force. And by most amount, that's equal to lifelong sentences - enough to make people falter in opposing penultimate penalty. May they be judged not only by the sum of the years of life times number of people they screwed, but also the trees that died in vain just for their greed.

[@loveline119]

​@@Horizon429 I was thinking about this too. I don't think she is as deep as it gets...

[@fornhunkle]

​​​@@Horizon429 bcoz? Are you 6? What self respecting human spells bcoz? You're the type of person to name your daughter "Ashleigh "

[@jeremytitus9519]

@@loveline119a powerful person behind bars is always somebody’s scapegoat

[@mikealvas]

Lizard losing its tail is what comes to mind. Could it be Vietnam getting rid of its China influence?

[@clutch2827]

Need stricter penalties for white collar crime in America.

[@FTZPLTC]

You'd have to explain to a bunch of Republicans that contributing to the deaths of thousands of people is a worse crime than, like, possession of marijuana.

[@tonycrabtree3416]

@@FTZPLTCHow is that white collar? Or are just raging because *reasons*…

[@CommanderTK9091]

@@FTZPLTC throwing only republicans under the bus is weird considering democrats are also quite notorious for turning a blind eye to political corruption and insider trading. The US government as a whole doesn't want to punish white collar crimes this seriously because then the people in the pockets of politicians would no longer be willing to fund their campaigns.

[@dougray30]

It isn't the penalties, it is the application of the penalties.

[@Dkvizu]

Without white collar crime being overlooked capitalism couldn’t exist. Companies like Walmart would crumble from the wage theft they being prosecuted alone.

[@ryandavis8045]

Considering large-scale crimes like the implosion of FTX did directly lead to people taking their own lives, white collar crimes should have much higher penalties. The fact that if you rob someone with a bat for $100 you can go to jail for 30 years, but if you rob $100,000,000 by scamming retail investors, you'll only get at most like 5 years has never made a lot of sense to me.

[@saturationstation1446]

thats because only rich people are worthy of being considered human in the eyes of our european overlords aka monarchs.

[@AnthonyCheeseborough]

Didn't SBF get 25 years?

[@ryandavis8045]

@@AnthonyCheeseborough That is one unique case, and I recall the media being shocked he got that much. Probably a poor example on my part I will admit. In most cases of embezzlement, government contract corruption and so on, the punishment is far less sever than the dollar amount taken and corresponding damage done.

[@RedheadReff]

@@AnthonyCheeseboroughdeserved the chair. These rich need to know fear.

[@mrbubbles6468]

It’s really rather simple. The rich and rich businesses often aren’t really bothered by the loss if money it does not bother them that much. Robbing an average person a bat point is far more damaging.

[@CaptainSaminoz]

Imagine thinking about how much time you’re going to do in prison only to find out that you’re getting lethal injection ☠️

[@RoseKindred]

Reminds me of Japan. They only get like 2 hours notice before it happens. Each day you are wondering when the sword will drop.

[@elimcfly350]

So, not much time then? Yay!

[@jamesmaybrick2001]

@@elimcfly350 Eh? Spending months or years knowing that at any moment you will be told you will be killed in a few hours vs knowing the date weeks, months or years or decades in advance? It would be far worse not knowing.

[@papa_pt]

Eh an easier fate in many ways

[@Vikanuck]

I’ve thought about that many times over the years and the only conclusion I’ve ever come is that we should just be thankful to simply imagine the concept… not the prospect, or the inevitability of it. I don’t ever want to be stuck in a head where the ONLY humanly thing you have left to ponder and think about is whether or not there is an afterlife, and depending on your philosophical bend, considering what you’ve done to be put in that position by the judgement of others, can you repent and spend eternity in ever loving bliss and harmony? Or do you have an eternity of torture ahead of you? Will you be reincarnated as another, more decent human? Or will you be cast down to live out your next life as a diseased rat being eaten alive by its own filth until it becomes part of a rat king and that’s your punishment lol… personally I find that a worse living hell than what any prison could ever do to you physically or take from you mentally. Sorry for the ‘long comment’ (by KZbin/some younger folks standards lol), but I’ve clearly thought about this one before haha 😄🤷🏻‍♂️

[@tat2328]

Vietnamese here. When Truong My Lan got asked where the money went, she goes "I dumped it somewhere in the sea" and Vietnamese people on social media start meme-ing about go to sea and find "treasure".

[@desertsage6825]

Time to find the One Piece man

[@quigglebert]

​@@desertsage6825 turns out I'm a day late and $40b Dollar short

[@kalanikeh4527]

The one piece is real

[@asandax6]

Time to start selling straw hats

[@johannesmarcus05]

I appreciate the Vietnamese POVs about this travesty

[@Anon26535]

"When banks fail it is rarely bankers who starve. In a thousand little ways you hastened the deaths of many."

[@mikea5745]

That's such an unimaginable level of greed to me. She could have gotten away with stealing 1,000 lifetimes worth of money, but she had to go magnitudes further. She stole well over 100,000 lifetimes worth of money. Boundless greed

[@lukep757]

Greed knows no limits. I understand it on a small level as I let greed impact some of my decisions in life.

[@garymartin9777]

The thing about being rich is you never really know when you are quite there.

[@rozhdov]

In corrupt regimes you are able to get away with fraud because you share with corrupt officials. If you no longer make money - you no longer share. If you no longer share - you no longer have protection. If you are rich, without protection, with good materials for criminal case, and know too much - you are prime target. Once you start colluding it’s extremely hard to stop. Don’t saying that this people deserve sympathy, but their actions are rational, not just “greed”.

[@parry5703]

It's not always about greed, my friend. Corruption is like a pot of crabs: once you get in, there's no way out. Even when all you want is to be free, the other crabs will just grab your legs and pull you down with them. Eventually, everything in that pot will be eaten, but the crabs that want to get out are the first to go to the chopping block.

[@jan22150]

I wonder if her children will be prosecuted by these investigations. They usually involve the rest of the family as well and put them in jail.

[@XoLiTlz]

$44 billion is a large sum even for the United States, but considering this is happening in Vietnam, where the minimum wage is only $200, the crime is even more heinous.

[@BlueBeeMCMLXI]

$200 per what unit time? You need to be careful when you use numbers.

[@realbobby7677]

@@BlueBeeMCMLXI most probably $200/month, similarly to Thailand here, which is $250/month or $3,000/year

[@thegrayyernaut]

​@@BlueBeeMCMLXITo answer your question, the unit of time is "per month".

[@tridinh1011]

"even for" buddy, 1 billion dollars is a huge amount of money anywhere in the world, you can build an entire country with 44b$

[@hawkfang]

larger than super heroes fortune when we do comparison, idk if it was bat or tony E: Both, at least behind Chadwick

[@LostCanuck192]

She directly, and indirectly, affected everyone in the country. I think her punishment is granted

[@RoseKindred]

Considering the amount of economic and personal damage this could do, I am not opposed to the penalty. "But, it is just money." Yeah, no. "Trickle down" theory means the lowest of people pay the most in other ways.

[@LautaroQ2812]

Is not a theory. It's real. The people who have less are the ones who suffer the most because of this. No safety net no nothing. It's the same for people with savings with frozen money in crypto scams and such.

[@mikea5745]

In capitalistic societies, money is a representation of life. Our time, effort, and knowledge are represented by it. Financial crimes should be treated just as harshly as others. Especially on the scale of this. Should have been a lot more life sentences handed out

[@SudrianTales]

Agreed, associates as well

[@jaad9848]

Its funny how you will see people say "But, it is just money." then want huge crackdowns on shoplifting.

[@mrbubbles6468]

@@mikea5745you realise this is happening in a place that is not capitalistic right?

[@ijustneedausername6742]

People who act like ‘it’s just money’ don’t acknowledge we literally sell our life, our time, a finite resource, for that money. When you steal like this you’re literally stealing someone’s life, their time and labor, in a way they will not be able to get back. That time is gone. How many normal people’s life savings did she clean out doing this? She ruined thousands of peoples lives.

[@JohnDBlue]

People who say "it's just money" shouldn't be allowed to make financial decisions that impact anyone but themselves honestly. They're people who have never struggled with money - whether they inherited riches or got incredibly lucky, or are just kids who don't know better.. And yeah it's entirely possible to be poor without suffering in some situations - money isn't always everything. BUT that's no excuse to play with it like a children's toy.

[@BlueBeeMCMLXI]

"It's not bread you buy, but men's souls" ... exactly.

[@trungucnguyen9575]

From The Big Short: for every 1% rise in unemployment rate, 40.000 people die Economically instability led to ruined lives, drop in living conditions And with the fortune she stole, thousands if not millions of lives are affected, and it’s difficult to say no life was lost So I think she deserve that sentencing Though I also believe the harsh sentence is only to incentivize her to give out more info about her hidden fortune and she will make deals to lighten her crime and will be off with prob 10 years or less

[@Shuichii808]

10 years is still 10 years more than ANY American banker got after the 2007 meltdown. You know what is worse than reducing her sentence, how about not charging a single person and letting them all go free after not just crashing Vietnam's economy, but the worlds economy.

[@xxkillbotxx7553]

Source or BS, dude. During the great depression the death rate actually went lower. I cannot believe people believe the BS from movies of all things. I guess as long as it reinforces their already existing beliefs lmao

[@anonymousdonor8084]

That is correct and it makes you wander why the effects of some politicians are not held to the same scrutiny. One interesting side note: the Fed raising interest rates to effect the economy is judged in part by a rise in unemployment . Because it is the only way to reduce inflation and preserve the value of the money.

[@ballsdeep2520]

Quoting movies as fact is funny

[@ReisskIaue]

Well she is over 60 now. Question is, if she gets a sentence for more than 15 years (her niece got 17) it is very possible, she might die in prison anyway, even if she can dodge the injection (and I am not sure, what is less stressful in the end, living for a decade and longer in a Vietnamese prison or getting the injection tomorrow).

[@NorthStarBlue1]

Hearing that she had two tons of physical paper currency in her basement just made me think, all it would take is one burst pipe causing a small flood in there and an insane amount of wealth would be completely ruined. Greed makes people do some very bizarre things.

[@fnnsjsnnejejdndnxhxjna]

Larger Vietnamese notes are plastic.

[@leolinguini260]

They didnt. The video says that the summ would weigh 2 tons if it was denominated in the smallest bank notes. It wasn't.

[@drezhb]

even that was probably spare change to her

[@linhhoa7729]

@@leolinguini260 "In the largest bank note"

[@ElysetheEevee]

​@@linhhoa7729 Yes, they said the "largest banknote" for sure. I don't know why they thought that the smallest notes possible would be a huge surprise, lol. The entire shock factor is the fact that even in the largest possible paper currency iteration, it STILL weighs so much. You obviously need less notes for the same amount of money between the largest and the smallest denominations. I'm wondering if it's one of those logical fallacies many have with things like, "I could care less," and not understanding it means the opposite of what they think it does, and should be the opposite in rhetoric, as well (such as, "I couldn't care less.") That was the first example that came to mind, though not a directly equivalent example, lol. It wouldn't be difficult at all to believe it'd weigh so much in the smallest denominations, really. It's like being surprised that $4 billion in $1 notes weigh a huge amount, versus the same amount of money in something like $100 notes. Both weight a bunch, but one weighs far, far more very easily. People are weird, lol. 😂

[@whitney526]

My dad got screwed in the bernie madoff scheme here. Completely changed our whole family's life. So as someone thats been affected by something similar, no i couldnt care less about her.

[@rsk5288]

Is he dumb 😂

[@kyb7795]

Hi five

[@Нана-о9ч]

​@@rsk5288uh oh, edgelord alert

[@motaman8074]

@@rsk5288 🤡

[@smartyjonez5470]

Can u stop ? Literally 90% of that money was recovered and most ppl that got into that were very rich. Stop trying to get sympathy points

[@kb909]

she literally could be the reason the entire country plummets economically. At least Madoff didn’t make the U.S. economy crash. Holy shit I can’t believe I haven’t heard of this until now. Excellent video as always, Kira.

[@sonny4026]

It will not plummet. Trust me.

[@picahudsoniaunflocked5426]

@@sonny4026 Why, & why should we trust you?

[@angkhoanguyen6114]

​@@picahudsoniaunflocked5426Vietnam still achieving high economic growth again.

[@whoami234]

​@@angkhoanguyen6114 IT COULD HAVE BEEN BETTER. WE COULD HAVE GOOD THING

[@knight1506]

@@angkhoanguyen6114 people in Vietnam are really struggling to find a job, businesses and SMEs went bust in record numbers, housing price is slumping and still not going down, GDP growth doesn't seems to materialize, not sure if its even real.

[@Gh0sb0ss]

I imagine if this is the punishment Wells Fargo was facing for doing the same things, we would have a much more trustworthy banking system here.

[@nanonano2595]

one thing i can get behind these authoritarian countries doing, rich people sometimes get hit even harder by the law than poor people.

[@Rayder2341]

@@nanonano2595bureaucratic democracy has no chance of reversing corruption, the only way out is through a single leader with complete authority, temporary or otherwise. Perhaps every so often an elected president/PM ought to be given ultimate authority for their term in order to actually sort out issues and corruption that will never otherwise go away. The only other way is inevitable civil conflict when the people get fed up with the bullshit

[@50shadesofgday64]

There is no trustworthy banking system

[@KingKong11730]

Small correction, but Wells Fargo committed a very different set of crimes. They still deserve much harsher punishment, but just wanted to mention. Wells Fargo was opening fake accounts under their clients names or even making up completely fake clients to boost their number of new accounts to trick their investors into thinking the bank was doing better than it actually was. They weren't actually stealing the money in their accounts, but leading/tricking people to invest money by using falsified financial reports. I agree that all white collar crimes should have much harsher punishments though.

[@ratatatuff]

@@nanonano2595 Key word is "sometimes". And I'd argue that it's not "sometimes", she's merely the exception. For every person like her it's tens of thousands of poor people who suffer.

[@woolyyyyyyy]

White collar crime does far too much damage to society and the consequences for such crimes should be extreme

[@mickey71195]

She lived in a country with a population of 100 million people, and her wealth was equivalent to 10% of the country's GDP. A death sentence still feels like a light punishment. For your comparison, Jeff Bezos, the richest man on Earth right now, has a net worth of $200 billion in 2024, which is roughly 0.76% of the US GDP of $27.36 trillion.

[@napatora]

my jaw literally dropped when you said how much cash she had stashed in her basement

[@focumQuarium]

Not even gold, but cash. LOL.

[@Qardo]

Two tons of cash. Which is butt worthless. But still a lot, regardless.

[@burnsZY85]

2 tonnes, literally a truck load 😅.

[@mattd5240]

How can anyone be that overwhelmingly stupid?

[@jochenkraus7016]

​@@burnsZY85I was about to write exactly that :-D

[@oooeee5556]

Vietnamese Law student here, and holy shit. This case was massive. And I don't think the thumbnail is right because I don't think that you should steal in any nations to begin with. But anyway, death sentence isn't that y'know, "death". You basically die in prison due to the "queue" for the execution here according to my teacher because apparently, execution using guns is not a humane thing to do and we gotta import some injection poison stuff from other nations to do it humanly. I doubt she'll "live" til' her execution because she stole a lot of money, and I'm not surprised if victims of hers who turned to crimes out of desperation that end up in the same prison will probably make the queue for her significantly shorter, if you understand what I mean.

[@johan13135]

Same in US too. it's' basically only the fully fascist countries like NK, China, Russian, Iran, etc that just straight up killing people directly

[@sdfv4zx]

Those kind of people get into high security lock down, away from general population.

[@parkerbohnn]

Hopefully the lynch mobs will get her in prison for laundering all the money into Vancouver Canada real estate and Fentanyl into Vancouver Canada. I hold no sympathy for her.

[@BlueBeeMCMLXI]

What you say is very easy to understand, and not that deep, but obvious.

[@ElysetheEevee]

The "do not steal in Vietnam" thumbnail isn't speaking in general terms. I'm unsure if it's perhaps a context thing or what (English is weird and messed up sometimes), but the underlying rhetoric for the thumbnail phrase isn't necessarily about theft and how it's bad. It's specifically a prelude to how theft can create the consequences that she is currently facing in Vietnam, of that makes sense. On its own, it just sounds like an obvious and odd declaration. However, most of these types of thumbnail expressions are speaking specifically within the context of the videos contents, and not in general terms. That's why you'll often see quotes of things people say in the video and the like (particularly in true crime KZbin videos). There are many nations that have to import the medications used for lethal injection, surprisingly. It's [supposedly] quite expensive to make and is an intensive and precise manufacturing process. That's what I've read, when researching, anyway. Even then, from what I've also heard, places like the US essentially have the the medications more of less created "to order." We have a ton of processes for appeal and whatnot, so making the expensive medications prior to finishing out all of those processes doesn't make much sense. I'm not sure on this front, but I'd imagine those mixtures lose potency after some time. It's usually a mixture of several doses of things in certain orders.

[@knowjusticeknowpeace15]

I don’t think it’s “Shocking in the West” to know about rampant corruption. At least not here in America. Pay to play.

[@AnthonyCheeseborough]

The difference is here, people think that's how things work and there, it actually does work that way

[@sntslilhlpr6601]

You are so naive if you think that. How many bribes have _you_ paid in your day-to-day life? Because the only time I ever have was in Mexico. It's just normal for them to have to grease wheels to get literally anything done. It permeates the culture, _that's_ what's shocking to us Westerners the first time we learn about it. And you comparing it to the type of high-level corruption we get in the US, which isn't even that bad in the grand scheme of things (yet), tells me you don't know how good you have it. I'd wager that you and I agree on a lot of things politically, but one of the things I can't stand about my camp is the hopeless naivete and the "woe-is-me" attitude. Things could get _a lot_ worse.

[@HamHamHampster]

@@AnthonyCheeseborough More like the US just legalize it through lobbying.

[@eliaslaban]

​@@HamHamHampster well said

[@AnthonyCheeseborough]

@@HamHamHampster Lobbying is not what many people seem to think it is.

[@StarContract]

Elizabeth Holmes should 100% be put on the chair

[@davidhoward4715]

Straight after Trump.

[@thedesensitizedsympathizer5307]

Why Trump? He never destroyed America's economy

[@Vhlathanosh]

@@davidhoward4715 I think the list should be longer. Musk been grifting the government for ages.

[@ratatatuff]

@@Vhlathanosh Musk would be on top of the list.

[@mc5967]

​@@davidhoward4715 oh shut up 🙄🙄

[@kenphan1560]

1 dollar equals 25k Vietnamese dong and that can buy you a whole meal the smallest bank note is 1k Vietnamese dong. 500k the largest bill is about $25 usd so imagine the greed of having 2 tons of 500k notes that could probably feed the country and it’s poor for years and a years, yet, keeping it all to herself.

[@madaggar9765]

Doesn't seem too harsh to me. Is it even possible to put a tally on all the damage her actions actually caused, and will continue to cause? Sure you can quantify the dollar amount, but what about the human suffering?

[@elixier33]

What sort of person . Think it's ok to take someone's life? You get one life.. You clearly haven't worked out how precious this once in a lifetime thing is.

[@markobucevic8991]

@@elixier33 As a soldier, you learn how worthless a human live is, especially from such high up people

[@NotSoSerious69420]

@@elixier33ah you can ruin as many peoples life’s as you possibly can but should never pay the price.

[@CheeseChurger]

@@elixier33 And the simple answer is, why should people like this live out that one life? they don't deserve it. They took that one time opportunity and used it to ruin the lives of hundreds of thousands while enriching themselves so they and ONLY they get to live that sweet life of luxury? For someone who seems to care so much about someone's life, you seem to disregard the lives of those completely ruined by this scumbag.

[@burnsZY85]

@@elixier33 how many fucking lifes has she ruin through her greed!

[@dukeversewalker8962]

To think, if she did this in the US she'd be interviewed on MSNBC saying how nobody wants to work

[@kaoz1238]

She stole my mom's life savings. She can rot in hell.

[@MrGBH]

Johnny Somali should visit Vietnam next

[@RichardPhillips1066]

North Korea be dead in a day

[@daddycool4240]

He hasn't got the gonads

[@Synflood-dot-txt]

😂😂

[@atsunome]

LOL

[@Danji_Coppersmoke]

You can do it Johnny...

[@jokerface345]

SBF should of got same sentence

[@ratatatuff]

Why? He mainly defrauded people gullible enough to invest in crypto. With some exception like funds who invested other peoples money, they pretty much deserve it.

[@jamesrobert4106]

So people who are not very intelligent are a legitimate target for thieves. Is that your assessment?​@ratatatuff

[@CookyMonzta]

3:14 I think _Truong_ is her last name. If I'm correct, last name comes first in Vietnam, as it does in China and Korea.

[@thangnguyenuc5352]

Thats correct ✅

[@rorantruong]

I'm vietnamese so i can vouch for you this is absolutely correct

[@mvii69420]

yeah but calling viet people by their family name is not a thing at all in vietnam, no matter how important the person is.

[@rorantruong]

@@mvii69420 cũng phải

[@Compulsive_LARPer]

Somehow, I was completely unaware of this enormous fuck up. Outstanding presentation, Kira.

[@whoeverfromwherever]

Financial instability could cause rise in violent crime. Suicide is merely the surface of the extremes. I think it's harsh but I also think it's fair depending on the outcome of the crime that was committed.

[@sambob8019]

Well crime causes poverty and poverty causes crime

[@kevinrath3988]

In vietnam if you steal make sure you give share to the higher ups

[@cbhlde]

This applies everywhere. We just try to pin it on "developing countries" to feel better. ;)

[@JorgeLopez-qj8pu]

@@cbhlde Agreed, Steal from the poor business as usual but one penny short the rich 🚓👮🚨

[@catus-cactus]

That’s a rule for everyone

[@oooeee5556]

Corruption is everywhere, in case you don't know. I doubt that America is not corrupted.

[@FriendlySwarmlord]

That’s how it works with every country too tbf-greed isn’t a mental trait that only able to exist in developing countries.

[@DavidAndersonKirk]

Always happy to have your video essays. Great coverage, production, and insight. Keep up the great work, Kira!

[@paintmeperfect]

This is some bs. She and her cronies were allowed to do whatever for decades and now, at 67 she gets such a punishment as if it compensates anything. Honestly, not a bad trade, live like this for so long and get punished in your late 60s. Such stories enrage me.

[@ggoddkkiller1342]

Why a billionaire would steal? People forgot about the meaning of "enough" sadly, always more and more like brainless creatures..

[@Hamstray]

how do you think they became a billionaire?

[@michaelbuto305]

Nothing is enough if you got insecurity below theft.

[@lotus_flower2001]

​@@Hamstray Not by stealing hundreds of millions directly. Its more complicated that that. (most of the time).

[@Thanris]

He's talking about the mentality behind it. You can't become a billionaire without holding some sociopathic or addict tendencies. It's basically impossible to actually spend all that money, so it reaches a point of trying to make the number go higher to the detriment of everyone else.

[@kaotekdj]

As someone who lhas lived in SE Asia for the past 20 years I actually kind of appreciate how visible the corruption here is. Back home in the west, it goes on just as much, but is just hidden much better than out here

[@youtuber9758]

She just created 100 generations worth of wealth for her kids compared to those doing honest work in Vietnam.

[@thedesensitizedsympathizer5307]

Why are you so prideful in doing "honest work" in Vietnam. You do know that doing Honest work isn't gonna make you happy.

[@tuanphvng]

@@thedesensitizedsympathizer5307 what is that loser mindset?

[@whoami234]

​@@thedesensitizedsympathizer5307 wtf are you yapping about

[@trinhkhanh2618]

​@@thedesensitizedsympathizer5307hope you 'll never become a billionaire, or someone matter unless you realise what you said is just purely nonsense

[@noahtheoldman6152]

​​@@thedesensitizedsympathizer5307 Look at this crook tryna teach us something about happiness as if he had any. Maybe learn some self-respect first buddy and then it'd be our turn to respect and listen.

[@N0N0111]

People need to understand that billions of dollars taken away from society, is an invisible crime that people, families, will carry their whole life till death.

[@mackdog3270]

I think her sentence is just. I've always thought white collar crimes were handled too leniently. Sure, murder is awful and the death penalty is a reasonable outcome. But imagine you've worked all your life, saving money to provide for yourself, and one day all of it is gone. You can look forward to more years of work followed by destitution. In some ways I think that's a more cruel ending than being murdered. And one of the worst aspects of it is, to my mind, the thieves will probably never know you exist, as they steal your future. If you're murdered, the criminal will at the least have to face you. It's the personal touch that makes all the difference.

[@ngthanhphong8537]

Maybe so, some people are just more stone heads to even care other people's lives

[@jpanda79]

Thats one way to prevent high level fraud.

[@ryanbauer3680]

Its funny how you brought up debating the use of the death sentence against white collar crimes and how you phrased it. Over the past year or so I've been contemplating it as well. White collar crime is usually treated as slap on the wrist in most instances. For example; Jorden Belfort, the Wolf of Wall street, only got 22 months despite his crimes costing his investors as much as $200 million. And this was back in the 1999. True we've seen men like Madoff and Bankman-Fried get draconian sentences but then again, their schemes(or lack of them in the case of Bankman-Fried) affected thousands of people. However is that sentence enough to deter future Ponzi schemers? On the flipside, where do we draw the line then if we do decide to implement the final form of capital pnushiment, where is the line we draw to say that's too far? Are we assigning dollar value to the death penalty? Considering how some of these people think that actually might be great a deterrent. But what if it was just one rich old fool they scammed? Like wise what if they conned only $100 from several thousand people(prosperity gospels come to mind with this one)? I'd say it would ultimately come down to one thing you pointed out. The victims of finical fraud are at a higher risk of...to quote the T800, "self-terminate". I'd say if during the case, it was discovered that one their victims was put under enough stress and pressure due to finical hardships that they did so, it no longer becomes a white collar crime. It becomes murder, like if a robber kills someone during a heist. Perhaps another caveat to this, the families effected by the scheme being unable to afford life saving medical treatment to family member due to the fraud.

[@zenthorth4874]

"... it no longer becomes a white collar crime. It becomes murder..." The issue I have with this is the distinction between violent crime and not. In the case of violent crime, the victims' agency is removed with force. For non-violent crime, the victim's agency is not affected. The reason violent crime is so harshly viewed is purely because it removes agency from the victim. I personally do no want a nanny state, which is a product of absolving people of their personal responsibility, which is closely related to the concept of agency. Should you be protected from the consequences of bad choices? Not by the state. But to what degree? Should a person face the death penalty because they called another person an idiot, who then could not cope and "self-terminated?" No, that is absurd. If a person cannot handle being called an idiot, they need to mentally toughen up. If you lose money in a scam and decide to "self-terminate", YOU... DECIDED... That is where the blame should stop. Should the scammer be held liable for scamming, lying, falsifying documents, deception, etc. Absolutely. But murder, no. No person should EVER be held responsible for the actions of another person. And that is exactly what you propose.

[@ryanbauer3680]

So, its a not crime if someone tries to get another person to "check themselves out"? Before you start thinking, its a moot, point. Michelle Carter was convicted of manslaughter back in 2016 for urging her boyfriend, Conrad Roy, to do the action we've been alluding to, so there's precedence. And yes, I know there's a difference between murder and manslaughter but the point is in our hypothetical scenario, would the victim of the scam who had done a "self take out", still have done so, if they hadn't just lost their family's life savings to a conman? The overbearing pressure of bills and need of money, the shame of losing large a amount of money that could have paid those bills and finances, with a compounding helpless rage and depression that nothing can be done about it, would all that still be there if they hadn't decided to trust the scammer? Yes, personal accountable is a thing we all should take stock in. but a crime still happened in this instance and that crime should investigated and prosecuted as well as how that crime effected its victims. Here's another scenario for you; someone steals a car and runs over a person crossing the street. Are you saying the car thief shouldn't be charged with hitting them because they didn't look both ways before crossing even though they're a hearing impaired grandma and the car thief was barreling down the road 90+mph in 25mph zone before she could even make out that he was speeding? Or was being run over like the now dead little old lady's own fault and the car thief should just be charged with GTA? You are right, in principle no person should ever be held accountable for the actions of another. But this isn't the actions of total stranger in a void we're talking about here. These actions stemmed from a breach of trust and the crime of theft committed against another.

[@zenthorth4874]

​@@ryanbauer3680 It really is a moot point though (that people have been found guilty of manslaughter for convincing a person to "self-terminate") , because we are specifically talking about what should be, not what is. Also, other crimes could have, and would have been committed in that course of action, which the perpetrator should be held liable for. Agreed, personal accountability should be considered and other crimes would have been committed. I said as much originally. We are in agreement here. The question is, should it be equivalent to murder, no. Murder is the ultimate action of forced removal of a person's agency. Money can be repaid, bills can be annulled, justice can be regained, but only for the living. Life CANNOT be returned. If a person decides to give up on life, that is a choice they, and only they, can make, and only they should be required to have accountability for that choice. The car example is non-sequitur and also a categorical fallacy. The act of stealing a car is not related to ignoring the rules of the road. There is no mandatory causal link. Stealing is not Murder, and running a Grandma over in a car while violating numerous laws of traffic would probably be considered second degree murder by most juries. That said, this is only true if the granny was following the rule of law. If she is J-walking, the charge might not reach murder and could stop at manslaughter. If she were blatantly ignoring the law, like, for example, running around in the middle of the interstate, at night, with no lights, then yes, her death is on her. And if she has legal care takers, they are probably going to be found partially responsible for allowing her to end up in the road like that in the first place. I agree. No action takes place in a void. However, there is not, and has never been sufficient justification to hold one person responsible for the actions of another when the use of force is absent. Even if you are held at gun point, with another on a loved one, and told choose, pull the trigger of the gun in your hand and kill an innocent or watch your loved one die, you have a choice. If you pull that trigger, you are a murderer. The only question is, do you value not being a murderer more than your loved one? Would I be surprised if anyone chose their loved one? No. But that does not absolved them of committing murder. And for the blackmailer in this example, they have committed numerous crimes, and might even be guilty of murder by association according to law, but they still are not the one that pulled the trigger.

[@ryanbauer3680]

Your situation is also a non-sequitur. The blackmailer(really we should be calling him a psychopath considering what they're doing) wants someone dead. They may not have to pull the trigger and kill someone, but they're making the other person do so. True the scammer doesn't want his victims dead but the situation he led them to caused them to commit suicide. If a crime leads to a victim taking their own life because they lost all hope stemming from the events of the crime, such as say someone being beaten to the point of losing the lose of limbs and depression from losing the ability to move, sexual assaulted so much they scared of leaving the house leading to seeing nothing else ahead of them, or being scammed and losing one's life savings, then can you really call it their fault? Before he was arrested Bernie Madoff was a big name in the investor community. So was Bank Fried and a lot of others. Scam artists aren't going to come off with bill of deeds twirling mustaches and laughing manically. They come off as professionals. You're looking at this from a binary point of view. You're not seeing how one thing leads to another. The guy who ran over Grandma may not have wanted to do so, but him stealing a car led to it. Like how Rene-Thierry Magon de la Villehuchet killed himself after finding out Bernie Madoff made him lose $1.4 billion. With a *B*.

[@zenthorth4874]

@@ryanbauer3680 I typed out a lot and google decided to erase it all, so I will instead make it "short". "Making" as you put it is not correct. A threat was used, you still have the option to: not pull the trigger. "can you really call it their fault" That they "self-terminated?" Yes. They had other options, and chose not to take them. Their choice, their fault. This sounds crass, and it should, because it is and should be. We are not attempting to determine right or wrong, morality, justification, etc. Only the cold, hard, unfeeling truth of, "is it murder?" by the person committing fraud. Should the person guilty of fraud in this video be punished as or more severely than they would be for murder? Possibly. But let's not conflate what is and the terms we use to describe what happened. Murder is not Fraud. Since the fraudster has not directly taken action to end the life of an innocent human, they have not committed murder. "You're looking at this from a binary point of view. You're not seeing how one thing leads to another." Correct. That is exactly the approach I am taking. If we include, "one thing leads to another" into specific actions, we directly destroy the concept of culpability, agency, and personal responsibility. If indirect, which is exactly what "one thing leads to another" is, then by that logic any action you have ever taken leading, influencing, or positively relating to another person committing and crime, means you are also guilty. Tell someone they cannot have something? Well now they have to steal it, you must also be guilty of theft. Curse someone out so they beat you up? You deserved it. Wear clothes and get violated without your consent? She was asking for it. See where it leads? It is not an acceptable outcome. And trying to say, "only crimes leading to crimes" is a chain of actions, is flawed. To hold true, the concept must be applicable to actions, criminal or not. I am only concerned with trying to determine if an action, any action, can ever be blamed on a person who is not taking that action. And if we allow for this to be true for crimes, then it must necessarily also extend to actions for the principle to have merit. Which is why I reject it outright. No one can ever be responsible for the actions taken by someone else, because they were not the person performing the action. Otherwise the concept is self contradictory. Which as I previously mentioned, destroys personal agency as a concept. Last thought as an example, a soldier is not considered to have no responsibility because they were "just following orders."

[@riley5133]

Very insightful piece about a situation that I was not very aware of. Thx Kira.

[@justianfox64]

Always love when a kiratv video comes out.

[@canadapainter658]

THIS IS HOW TO CONTROL CRIME....

[@utilitarian]

Man, you need to go for a podcast too. I could listen to these all day!

[@FormulaGuppy]

@KiraTV This woman ruined a country, had a mountain of treasure and it’s not even mentioned on uk TV. Mad, thx for the upload

[@ronaldpentagon5592]

Remember, this woman owned so much properties on golden land (a vietnamese term referring to land that has extremely high economic opportunity), you can tell why many officials within VCP would be eyeing for a takeover

[@LarryLogan-bt2hj]

Having and handing out a death sentence is harsh but you know they ain’t gonna do that again. A strong message for anyone else that has any ideas of swindling money out of people in the banking system.

[@nelieltu9730]

Every billionaire is guilty...

[@IWearTimepants]

100% truth right here, and it's us or them.

[@ratatatuff]

Fraud and crime are the only ways to become a billionaire.

[@Tirana-qg1ft]

Anti semitic. Delete this!

[@answerman9933]

She must have defrauded the wrong people.

[@playonlinegames6418]

I don't usually take part in vietnam's side of social media(even though I'm from Vietnam) so I didn't know what was going on. If it weren't for this video I think I would never have known about this. And the more i know, the more fucked up it gets. No wonder why my mom said that we can't depend on the law and the higher-ups when they just play a blind eye whenever it fits. Damn i hate this place.

[@fidelio9301]

It happens everywhere

[@gutwallst6645]

Never rely on anybody, but yourself, no matter what country you live in this statement is true

[@gnrvintagediecastracing7978]

This type of corruption happens in the USA frequently with devestating consequences, but its not often discovered until the financial collapse. I was in Vietnam a decade ago. I normally just travell the country on a motorbike, but i stopped along the way for a tour.. cant even remember what i was going to see, and on this bus i still rememer the tour guide saying, the " Our government is corrupt and may be the most corrupt government in the world, but it is "Our" corrupt government." Which i guess is better then being ruled by a foreign corrupt government. And my time travelling , I met so many nice people, never felt safer travelling, and i have travelled on motorbikes around the globe, The most dangerous personal encounters i have had occurred in the USA. I do know though, that the experience for you can be different thus your hesitancy to comment on social media.

[@KoKCODE]

yup came here looking for the same comment. All the info were getting suppressed. They're trying to bury all of this under the rug

[@Vietnam_Gigachad]

The fck is this shyt? Viet here and yet these type of new all over the place and yet you said like the country cover it up?? Many punishment to corruption happened and new about these once again all over the place, and yet you said like country cover it all up Not all systems is perfect ... But hell, before blame someone, you should do research in the first place, Jesus

[@darklordsatan4383]

I think we underestimate how damaging this has been for people, because it's not as outwardly gruesome as murders. But it's similar to drug dealings in a way. Yes, you didn't actively pull the trigger to end someone's life, but you might have actually killed/ruined the lives of WAY more people than even the worst serial killers. How many people got addicted? In what ways did the addiction cause them to abuse those around them? Then, their kids might start suffering from similar addictions. How many tens of thousands of people just overdose? Similarly, stealing that much money can have indirectly killed so many thousands of people, but we just don't see them, unlike victims of more outwardly brutal crimes.

[@anonymousdonor8084]

Please explain how that works because I don't see any connection. All of the people that she dealt with were either in the commercial investment sector or government.

[@SaschahiGG]

well the reason she put 2 tons of cash into her own home instead of into a bank was obvious. She knows how bad the banks in the country are.

[@AnthonyCheeseborough]

But she owns 3 of them

[@bachhunghoang]

Lmao, you can put about 500k$-1m$ in any of the big 4 bank in Vietnam and live off quite well here just by the interest alone my guy.

[@itsprivate3061]

it was pure greed, she could have put her money in an international bank, she could have brough cryptocurrency, but no she had to have her money on her basement like a cartoon villain, what a dumbass

[@tuanphvng]

no, lol, it's just really suspicious to deposit a shit ton of money into a bank account, or multiple "ghost" accounts, but it will get into legal issues quickly

[@AsPirant-OP]

@@bachhunghoang not like inflation gonna eat it all

[@STuber2023]

In Thailand, Women was sentenced up to 141,708 years in prison for fraud, which was Chamoy Thipyaso

[@acatreassuresyouthateveryt7842]

Is it barbaric? yes. Do I still support it? absolutely. Rather than life in prison draining away state's fund (which she already done enough) might as well end it right there.

[@ming-meiizhao1902]

the only thing is that Vietnam uses lethal injection and they have to import it from other countries so its very costly. I know in the US lethal injection costs more than keeping someone in prison for life, I assume it'd be the same in vietnam

[@angkhoanguyen6114]

​@@ming-meiizhao1902Nope. Vietnam created it own leathal injection serum. The EU and US didn't sell to Vietnam.

[@postholedigger8726]

Death penality for parking violations has a way of making people more careful when they park their car.

[@xxkillbotxx7553]

Never before have I see a comment section so detached from reality in my entire time here on this website.

[@CookyMonzta]

Well, Mr. Madoff, make room at that poker table in hell for one more! ☠️

[@patrickmitchell4134]

We need that kind of response in this country to public corruption.🤬

[@dumitruciupu279]

Sounds fair to me, though I kinda doubt they'll go through with the execution.

[@Skylerjones624]

Think they sentenced her to that in an effort to scare her into returning money

[@nicholas-k8j]

i had a vietnam friend in 2016 or so i remember in Saigon.... he asked me for big money one time and i never gave it but he keeped emailing me.... later on he got angry and said if someone asks you for money you should always give it to them because they shy and dont like asking hahaha.... when i asked why he not get a loan he said because then i have to pay it back !!!! i found out later his father had a drug problem and mother had hospital bills and he was just trying to use people - foriegners because they dont lose face there , if they steal from there own country they do get problems and lose face. Never give anyone free money in south east asia its the reason why foriegners get picked on the most

[@sinjin8576]

As batman once said: "a fitting end for their kind"

[@spyr0guy]

"So how much time am I getting?" "You're all out."

[@keiththorpe9571]

Well, it's hard to spot red flags...When all of your flags are red.

[@HollyGameShow]

We need this law in Brazil. If we apply this law here, there is going to be almost NO POLITICIAN left,

[@randomrobin7773]

KZbin deleted my comment for saying this needs to be brought to America lol.

[@RichardPhillips1066]

I said worse still there:)

[@IWearTimepants]

Some people get mad when they hear the truth, I guess. Because it should be brought to America and the rest of the world.

[@kennyc388]

F YT

[@IWearTimepants]

Bunch of fukken bootlickers went on a reporting spree, I bet.

[@Tirana-qg1ft]

Because that's anti semitic. You're just jealous of the bankers!

[@Alpenjodler1]

My wife is Vietnamese. The bribes we had to pay for all the documents were a fraction of the "fees" we had to pay in Germany for the equivalent documents. Also, getting the documents was going there, paying and leaving with the documents. In Germany it was a 3 month process. At some point I started thanking them that I don't have to bring them an elephant.

[@limemason]

Yep, Germany is becoming communist. You shouldn't need to pay a bribe or fee for documents pertaining to you

[@nicholas-k8j]

Australia a similiar process and super expensive as well... gov fees are super high for anything now - car registration is $1000 year in AUS now thats $660 USD compared to i think $22 USD or so in vietnam. police checks are like $160 USD , any document can be $60 USD plus no matter what it is its never free. your right the bribe is 10 times less then the GOV charge in the rich western country

[@bruceyung70]

I heard she might walk. The lawyer found a loophole I guess.

[@ViddyOJames]

10% of the gdp, and that's not even EVERYTHING when you think about it, is a broad sweeping effect on an entire population when that's in nothing but your pocket and personal interests.

[@thebigksmoosey]

I mean yeah this is a crazy story, I guess. Mostly because rich people are being held accountable. And corruption is common in the West, especially here in the US. We literally let the rich buy our politicians and judges with gifts.

[@Stepatee]

Your deep dives are always a class act, Ash. ❤

[@electricpaper269]

The banks did exactly what the government and the FED wanted them to do in the run up to 2008, give everyone a mortgage no matter what. It was explicit government policy and why the FED set interest rates so low and Freddie Mac was underwriting dogshit mortgages.

[@zegarth_corpse]

She didn’t just steal billions, she started a pirate era that lasted for 2 months.

[@danielalba9815]

hey dude great video and content. Can i make a request for you to make one about what's happening in argentina? The same guy who was Minister of Economy and made 47 billion dollars disappear in 2017 is Minister of Economy again and now the Senate approved a package of laws in which the most harmful one allows foreign companies to make full use of natural resources without having tax obligations of any kind for 30 years, if a mining company wants to use the water from a river that supplies a city, they can make full use of it without facing any type of consequence. It's just crazy. Thx alot.

[@seanhuds7351]

What do you find more insulting? When people try to cover corruption, or when people are so powerful they don't even attempt to conceal it?

[@garymartin9777]

The truly sad thing about VN is that prior to the war the North complained corruption in the South was rampant and they wanted to put a stop to it. What they really wanted was in on the game. They got what they wanted.

[@angkhoanguyen6114]

The corruption of the puppet regime infected Vietnam until this day.

[@whoami234]

Always been

[@angkhoanguyen6114]

@@whoami234 Unlikely

[@noahtheoldman6152]

"the North" "the South" yeah brilliant analysis there buddy, you sure know a lot. Spoken like a true politician. The sheeps might buy these types of oversimplification and vagueness as long as it fits their sense of reality but the sensible know that this is practically nothing. There's no real perpetrator, there's no cause, there's no solution and there's no real insight here. Redditor level quacking really.

[@brookelee139]

This is an obvious power grab. All their replacements wanted a bigger piece of the pi

[@senatuspopulusqueromanus2082]

More like "Don't get caught stealing in Vietnam". It's not about justice, it's about making an example.

[@ChâuNguyễn-w7y]

This is a scapegoat anyway, government officials are also behind this

[@NappyWayz]

6:25 You beat me to it. I was going to say, "this is how banks normally operate."

[@dasstigma]

What is wrong with you?

[@normastafford9716]

Corruption is the deterrence to growth of the country !!!!

[@rh906]

Always has been. Why the US is ending.

[@Baebon6259]

@@rh906 the US is far from ending but if the time comes, the whole world gonna feel it.

[@Skylerjones624]

The 1st time ive ever heard of a death sentence being given for something other than murder or drug trafficking

[@duyle-yi3vd]

She said she hid the money somewhere in the ocean so she literally make the one piece 😂

[@Lemon.tea2511]

Her family could live comfortably with all the money that she stole 😂😂😂 The joke is not on her

[@jerryboics9550]

9 years for the husband? He didn't snitch

[@vhltu]

she is Chinese Vietnamese....it happened after she married to a Chinese man from Hong Kong.

[@Crocogator]

Corporal punishment? No. For what she did, she needs to work. Hard. I mean really, really hard. I mean do what the rest of us do, but forever.

[@nanonano2595]

well, tell god to make her do that then. Meanwhile, us humans will have to make do with what we got.

[@Crocogator]

@@nanonano2595 ...What?

[@nanonano2595]

@@Crocogator how are you going to make her work forever?

[@Crocogator]

@@nanonano2595 I'm going to assume you're a child. The prison industrial complex essentially legalizes slavery. Make her work physical labour until she drops dead. Don't give her an easy out.

[@thedesensitizedsympathizer5307]

Why?

[@imacmill]

If fraud is rampant everywhere, maybe their indictments, convictions and sentences were, themselves fraud.

[@ReinMixTape]

If the USA had those kind of penalties the bank CEOs would be bleeping themselves.

[@davidhoward4715]

And Trump would be a footnote in history.

[@wesleydoe5074]

Just what I needed this morning

[@ericsmith1517]

i have a perfect quote that explains my stance on the dp. people like her are a great example of why we need the dp. "Unless we keep the barbarian virtues, gaining the civilized ones will be of little avail."

[@antranphuoc-wo8xi]

thumbnail : "Do not steal in Vietnam" meanwhile the thieves and burglars in VN watching this : hmm interesting.

[@tonycrabtree3416]

All banks use customers deposits to create loans. It is literally how they operate. 😂😂 Fraud is a different thing, though.

It's not the punishment what scares others, it's inevitability of being caught.

[@rpgbb]

Don’t steal in Vietnam indeed. That’s the job of the Vietnamese Communist Party. The corruption there is beyond comprehension. Anyone preaching Vietnam being the next China has no clue. This is not a theoretical rant, I know so many specific cases. Insane

[@jordanlopes7613]

"is it justified" IT'S 4BILLION OF COURSE IT IS

[@dougray30]

SE Asia doesn't play.....

[@SocialMediaDale]

I really like these documentary style videos of yours.

[@ssaberwolf]

You'd see conservatives flip their stance on the death penalty so fast if this happened here in the US

[@michaellucas7882]

Hi Friendos!

[@danholm4952]

HERE? YOU GET REWARDED!