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A jailed billionaire’s Birkin bags are going on sale. It won’t be enough to repay her victims

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By Stephanie Yang, CNN (CNN) — A parade of luxury cars, handbags and yachts up for auction has done little to help their owner, a disgraced Vietnamese tycoon, repay the billions she owes victims in one of the largest fraud cases in history. Once one of Vietnam’s richest businesswomen, Truong My Lan received two life sentences for her central role in a scam where she and her accomplices siphoned about $44 billion through one of the country’s larg…

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CNN 5 Things

Daily News podcast from CNN

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Daily News podcast from CNN

Final Deal Negotiations, Obama Presidential Center, Billionaire’s Birkin Bags and more

CNN 5 Things discuss Truong My Lan’s luxury asset auctions and massive restitution after Vietnam bank fraud conviction

6 hours ago·Atlanta, US

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A jailed billionaire’s Birkin bags are going on sale. It won’t be enough to repay her victims

A parade of luxury cars, handbags and yachts up for auction has done little to help their owner, a disgraced Vietnamese tycoon, repay the billions she owes victims of one of the largest fraud cases in history.

23 hours ago·Atlanta, United States

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