Saigon Joint Stock Commercial Bank (SCB) was involved in a major financial fraud case
Saigon Joint Stock Commercial Bank (SCB) was involved in a major financial fraud case. Its former CEO helped in selling bond packages that allowed another defendant to misappropriate over VND 28,469 billion. He also helped launder nearly VND 12,000 billion. The court sentenced him to 17 years in prison. The case damaged SCB's reputation and raised concerns over its role in illegal bond transactions.
Saigon Joint Stock Commercial Bank (SCB) was involved in a major financial fraud case. Its former CEO helped in selling bond packages that allowed another defendant to misappropriate over VND 28,469 billion. He also helped launder nearly VND 12,000 billion. The court sentenced him to 17 years in prison. The case damaged SCB's reputation and raised concerns over its role in illegal bond transactions.
« Go Back
Our Events
-
Jan 28, 2019
[FiinPro Data] 2018 Earnings Update: 82% of businesses reported profits with a 16% growth
-
Dec 07, 2018
-
Oct 22, 2018
-
Oct 09, 2018
-
Apr 28, 2020
FiinGroup - Liberation Day and International Workers' Day Closing Announcement 2020
-
Oct 22, 2018
Vietnam Real Estate - Where is the market heading to?
The domestic real estate market has had a period of strong growth in the past five years, will this bull market continue and support real estate stocks to lead the market?