|Trương Thị Tuyết Nga (centre) was sentenced to 15 years of imprisonment for fraud and appropriation of property. – Photo baogiaothong.vn|Viet Nam News
HCM CITY – The HCM City People’s Court today sentenced a 56-year-old woman to 15 years in jail for fraud and appropriation of property after a four-day trial.
Trương Thị Tuyết Nga, a resident of Gò Vấp District and a 2009 Mrs. Beauty pageant winner, has also been ordered to return US$3.1 million that she had appropriated through fraudulent means. She has so far paid $1.2 million.
According to the indictment, Nga asked for permission to build high-class accommodation and a plaza project on a piece of land in Bình Khánh Ward, District 2.
The project was not licensed because the land belonged to another scheme, but Nga still went ahead with her plan.
She signed contracts with different partners, saying she would use 30,000sq.m of the project with a total deposit of US$3.1 million. Instead, she used all the money for her personal purposes.
When her partners wondered why her project seemed to have few plans and why there was no description of the land, Nga said she would provide more details after they gave her more money.
Nga, meanwhile, used the land to borrow hundreds of billions of đồng with interest from a bank. – VNS