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Case of Female Chairwoman Raising 1.3 Trillion VND for Ginseng Cultivation: 470 Investors Summoned.
Summary by Báo đIện Tử Dân Trí
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Nearly 1.3 trillion VND was raised from 1,200 investors through fictitious Ngoc Linh ginseng cultivation projects by My Hanh Group. A female intermediary who received over 9.4 billion VND in commissions testified in court: "Because of greed for profit, I threw myself into it," then sold assets and used up her last remaining money to continue investing.
·Ho Chi Minh City, Viet Nam
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(Dan Tri Newspaper) - In the first-instance trial of defendant Pham My Hanh, Chairman of My Hanh Group, on charges of fraud and appropriation of property, the Trial Panel is expected to summon 470 victims and 55 related individuals.
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