Thousands of Vietnamese lament life savings lost in nation’s largest financial scam
Thousands of Vietnamese lament life savings lost in nation’s largest financial scam
- A total of 42,000 victims have seen their savings and investments in SCB evaporate after the bank was embroiled in a US$12.5 billion fraud
- Vietnamese banks are vulnerable to fraud due to complex rules applicable to their operations, financial experts say
For many years, Kim Lien, a food stallholder in Ho Chi Minh City, served countless bowls of tofu soup and was able to squirrel away …