Finally a video actually explaining this story, thank you.
@willhatfield6228
10 ай бұрын
I sincerely hope all those that lost money will be ok, especially those that don't have much. I love Vietnam and its people.
@chinaboss6683
10 ай бұрын
Vietnam dont love you. Go away.
@phuonganhpham6572
10 ай бұрын
những người dân gửi tiết kiệm không mất tiền bạn nhé.chỉ những người mua cổ phiếu mới mất.vì họ tham lãi suất cao.
@caohoangyen2371
10 ай бұрын
@@phuonganhpham6572bank hết tiền để trả ngân hàng nhà nước bảo lãnh trả tiền thì lấy tiền đâu ra để trả in thêm hay lấy từ tiền thuế?
@seymorefact4333
9 ай бұрын
🤣😂 Vietnam Ponzi economy doesn't compare to the USA PONZI economy since 1950!
@mihbag6
9 ай бұрын
Normal saving is secure only investment in that bank has problems
@nganguyen-id7pp
6 ай бұрын
Don’t trust any banks
@holidaygiftmall2517
10 ай бұрын
Thank you for providing this interesting story taking place in Vietnam. Please keep us up to date as this fraud unfolds. Great information as always Ken! 👍
@endlessdeath4066
5 ай бұрын
It all boil down to one word. GREED. It has blinded her senses and everyone related to this scandal. Who would argue with money. The more the better. It was never enough for her.
@TamTran-hy8dj
10 ай бұрын
That is what happens when you have corruption, government
@TranNguyen-mg9qq
6 ай бұрын
How about America .. they have clean goverment ?!
@judithgrace9850
5 ай бұрын
LoL @@TranNguyen-mg9qq
@Jonathan-vv4qq
5 ай бұрын
@@TranNguyen-mg9qq haha. Good comeback
@marianotorrespico2975
5 ай бұрын
--- SORRY, BUT THIS IS A CASE OF PRIVATE BUSINESS ENTERPRISE CORRUPTION . . . a capitalist businesswoman placed her Self above the commoweal of a society that just happens to be a Communist society.
@simonstocktrader3196
5 ай бұрын
@@TranNguyen-mg9qq it's girl scouts compared to usa...
@steves.9440
9 ай бұрын
Before this informative video, my wife (Vietnamese) mentioned this caper to me from her channel that she subscribes to. Now it is crystal clear to me, thanks to you, Duong. I will be looking forward to continued updates here. Keep us posted.
@maximumyou1325
5 ай бұрын
Clear and straighforward. Thank you for sharing these insights Anh 🙏
@parttimethinker7611
8 ай бұрын
Unfortunately it’s a moral issue that’s more common in developing countries. Even the U.S. still have bank run left and right, Silicon Valley bank for example. However, over time, Vietnam regulators will be able to do better job, just like the U.S. banking regulators. When a country opens up for foreign investors, some of them will fail because of the inherent risks of doing businesses (anywhere). Vietnam is a great investment market opportunities if not the best. Thanks Ken for bringing up transparency on ground for us all.
@turningpointaustralia9531
10 ай бұрын
Duong is the best youtuber out of Asia ..................... Thank you mate
@duongglobalbusinessconsulting
10 ай бұрын
Wow, thanks
@phuongha3113
10 ай бұрын
Moral of the story: Do not put all your money into Vietnamese banks. It might not be there the next day.
@sharkdzung
10 ай бұрын
U.S banks r pretty much the same. Anway, do not put yur money into banks.
@jamesb.492
10 ай бұрын
Buy Bitcoin and keep it in your own wallet.
@theyhateme8763
10 ай бұрын
ya bitcoin has been scammed worse@@jamesb.492
@theyhateme8763
10 ай бұрын
sure champ@@sharkdzung
@theyhateme8763
10 ай бұрын
i do very well in the banks here
@margueriteobrien8833
10 ай бұрын
Wow , that’s excellent reporting ! Can’t wait to see whats next😱😱🙃
@christinaing8239
10 ай бұрын
Enjoy understanding the story banking in Vietnam. Please make more of this videos. Thank you
@NclasX
10 ай бұрын
Bad/sad news but I still believe in Vietnam potential and his tourism sector.
@hoodhunter3262
10 ай бұрын
The story cannot be told by Hollywood producer. It can only be told by Ken Duong himself
@ishakshamsudin8585
5 ай бұрын
When money talks every one sleeps.Sounds greed.
@mujigikabugi3927
5 ай бұрын
Who's here after the death penalty of ms Lan
@claudecahen6780
10 ай бұрын
Classic! The way they embezzled their customers is not well described though….No doubt though that some money went back to the US and bought some nice real estate in Orang county. We have seen that in earlier times. And as Ken said : This is just the tip of the iceberg….. I wouldn’t be surprised if several high ranked politicians are involved. Some people are going to end in front of a fire squad….That’s the Vietnamese way. Well done Ken.
@quocdanvn
9 ай бұрын
Finally this is the time to come. Unavoidable for such a corruption, uneducation leadership.
@aubreyj.tennant1123
8 ай бұрын
Agreed ! I love vietnam & the Vietnamese people. Unfortunately, at the core of the countries economic organizing principals is coercive control. The roots are in communism. Corruption is an absolute eventuality. IMO.
@Afulio-p1c
5 ай бұрын
Thats right they were not rich they stole from people to act like they rich how pathetic. 😢😢
@jcatl
10 ай бұрын
Another great report!
@RiceGolden
10 ай бұрын
Great content Ken.
@boonsuanteck4684
10 ай бұрын
A great message here. Keep it going, Ken!
@naga2015kk
6 ай бұрын
this type of FRAUD is the norm in USA. They used "foundations", Off shore companies, trust, etc to own shares of a bank, but its the same play. If you want to learn the MOST corrupt practises, join a Private Bank in USA. The world's best crooks.
@denisriel5015
10 ай бұрын
Great great great job ,,Ken
@JohnDoeses
10 ай бұрын
Please make more videos on this story. Super interesting. What do you think will be cause and effect outcome of this for the people of vietnam
@blipblop92
9 ай бұрын
Govt will print money to refund to the bank customers 😊
@dct3588
6 ай бұрын
Even banks can't be trusted. Thus do not put all your money into one bucket.
@ben_castle
9 ай бұрын
Great information. Thanks for sharing.
@daisyspencer6040
6 ай бұрын
Greediness will lead you to all sorts of trouble.
@juliogonzales8624
9 ай бұрын
Thank you for the great information.
@nathan500100
10 ай бұрын
this thing broke a year ago but everyone in vietnam still behaving very rich
@Tideo123
9 ай бұрын
In Vietnam there is a saying: Money can't buy everything but with lots of money you can buy anything. The whole scandal is rooted from the theme of money power. With lots of money it was used to buy government power to control the country financial economy through banking system and commercial complex. Once the system was established, money kept multiplying year after year non-stop. The scandal was working, thriving as long as the economy was growing until the economy coming to a halts, then it stopped working.
@elauber
10 ай бұрын
Ken a nice follow-up video would focus on efforts to recoup the lost funds and how successful those efforts are.
@yongxing1848
10 ай бұрын
I love vietnam still
@yongxing1848
8 ай бұрын
I hire some Vietnamese staff before, they always say "We Are All Vietnamese", thinking that I cheat on them, even though I pay on time. Maybe they will feel life is more ACCEPTABLE when their life savings is being cheated by another vietnamese :) I STILL LOVE VIETNAM
@Terry-f6n
5 ай бұрын
Born in China 4 th generation of Chinese migrant into Vietnam after Vietnam war 😮
@anhtomfrombentre3954
9 ай бұрын
Very good to know. Thank you for bring this to our attention.
@mrbHanoi
5 ай бұрын
1000s have known about this for 5 to 10 years Conspiracy of silence. Dispicable. Hell awaits.
@partsandlaborgroup
10 ай бұрын
Simply WOW!
@LeoniloDumana
6 ай бұрын
Watching from the Philippines
@josupi6454
9 ай бұрын
First timer here. Excellent channel!👍
@duongglobalbusinessconsulting
9 ай бұрын
Thanks and welcome
@ycamara9034
5 ай бұрын
Greed 😡
@davidboskett5581
5 ай бұрын
Its hard to understand why someone needs to make so much money . I think it becomes an addiction and because you need to continually pay off people you cannot stop even if you wanted to.
@evalee7768
5 ай бұрын
I don’t understand if she is owner ! Why can’t she take all the profits?
@palirvin1871
6 ай бұрын
Having been someone who lived in Vietnam and also was ripped off by the corrupt government and people, I'm enjoying this story a bit too much. LOL. The whole country business environment is a snake pit.
@SY-jq4yw
6 ай бұрын
Worse than Vietnam war.
@empiremack
5 ай бұрын
During the Vietnam war the US made 58+k times more money and in soldiers lives than these fraudsters.
@4klense
10 ай бұрын
44 billion dollars is about 10% of Vietnam GDP
@duongglobalbusinessconsulting
10 ай бұрын
It is 23% of Vietnam's GDP for the first three quarters of 2023. We cannot say what we do not know yet, as the fourth quarter has not been accounted for and we are still in it. Hope it helps.
@hiendinh4869
9 ай бұрын
Don’t ever do business with Vietnam!
@aubreyj.tennant1123
8 ай бұрын
Until they adopt a democratic gov!
@dingdongchingchong8659
6 ай бұрын
Doesn't matter what system. Human corruption is human corruption. If you pull off the face of democracy, e.g. Biden, you will be very surprised.
@monalisaaltenburg4879
6 ай бұрын
Now ppl can understand why none of Southeast Asia countries can overtake Singapore as the leading financial powerhouse & richest country in asia. Simply put, Singapore started out with vy strong foundation with clean ethical leaderships who only have interests to serve for the ppl & the country. Singapore has set the standard bar very high & it’s a rare trait that not many countries can copycat or emulate from. 🇸🇬🇸🇬🇸🇬 Most politicians in the world are corrupted & only have the goals to make more $$ for themselves & not for the country.
@vinhtruongphucat
9 ай бұрын
Video có giá trị. Anh Ken làm video tiếng Việt để nhiều người Việt xem. Thank you.
@quang-trandao4084
10 ай бұрын
Very informative. Thank you very much
@dtang3288
7 ай бұрын
This Vietnamese scandal make the Malaysian 1MDB scandal a child's play.
@johnle7667
7 ай бұрын
Thank you for telling the truth news
@AuralioCabal-nl8gi
5 ай бұрын
How much bet this Scandal and Debacle becomes a movie, question , a Hollywood or Hong Kong or Vietnam Movie?
@miketrieu4229
10 ай бұрын
greed knows no limit. should have taken the money and run. money corrupts absolute.
@verenalai7668
5 ай бұрын
I ❤ your presentation. It's v clear!
@solarshieldgaming7932
6 ай бұрын
Thank you for the information and explain the banking sytem of Vietnam.
@huyenthanh8942
9 ай бұрын
You are very good for informations to leak out. Thank you.
@tranphong46
Ай бұрын
Ngày 15/9/2023, Cơ quan CSĐT Bộ Công an đã ra Lệnh kê biên tài sản số 239/LKB-CSKT-P2 đổi với tài sản tại huyện Bến Lức, tỉnh Long An do bà Phạm Thị Thu Đông (được Tập đoàn Vạn Thịnh Phát giao đứng tên nhận chuyển nhượng tài sản)
@OPTesla
10 ай бұрын
Damn it’s about to get crazy
@MichaelChau-c2j
7 ай бұрын
Hi Ken, enjoy watching your video's. You have alot of good knowledge. Keep up with the excellent work.
@quynhg4074
5 ай бұрын
Thanks Mr. Duong!
@quynhg4074
5 ай бұрын
Mr Dương, if you can some how get a tell all book from these goons or Truong My Lan herself, hire a terrific crime writer, and make into a tv series, it’s worth watching. Guarantee the best rating since Ván Bài Lật Ngửa .
@rodpettet2819
5 ай бұрын
I'm sad for the Vietnamese people who will suffer because of this massive fraud. I hope it doesn't spread to other SE Asian countries.
@okinawapunter
9 ай бұрын
About 10 times bigger than Malaysia's 1MDB scandal. Moreover, this is a typical incident in Vietnam's property developers and banks. So, similar cases could be exposed anytime.
@danielpham-v5u
9 ай бұрын
This is the reason why I only keep cash underneath my bed. No bank is needed. 😂
@jacknguyen5677
8 ай бұрын
Yeah, it could get burns.
@dingdongchingchong8659
6 ай бұрын
Like how people are being burnt by the banks?
@davidboskett5581
5 ай бұрын
Unfortunately money loses its value year by year unless you do something with it
@Afulio-p1c
5 ай бұрын
Better carry in my pocket every time. 😂
@dingdongchingchong8659
5 ай бұрын
@@jacknguyen5677 After 50 years. Not even burnt. But money I put in bank got liquidated. I didn't lose much though.
@tony-thefiglovinstargazer
6 ай бұрын
Very informative brother, thank you!
@okinawapunter
9 ай бұрын
Most of embezzled money went to Credit Suisse account of Le Thanh Hai.
@IAm-NotHear
10 ай бұрын
Award winning report. Chuc mung!
@leonardwashington7573
10 ай бұрын
Those that are guilty should be put away in jail
@titikati
10 ай бұрын
It must be a joke.
@blipblop92
9 ай бұрын
She goes to jail and then what? People aint getting their money back.
@gnyx1566
7 ай бұрын
Very good video. Mr Ken Duong is a good presenter with clear informative delivery. For his film idea I would suggest looking at 'The Big Short' and 'Margin Call' films that somehow present complex dry financial scam stories in a compelling and entertaining style that engages an audience not familiar with the technicalities of the financial world. Sounds like, according to Ken, The woman was a front for someone working behind the scenes and it's curious and a shame that this kind of financial malfeasance could happen in Vietnam.
@dawidkuzniar714
8 ай бұрын
Good video, thank you for sharing!
@jamesdond1
5 ай бұрын
If Vietnam carries out this sentence international investment will disappear...
@hunggiang1475
5 ай бұрын
I don’t think that a deterrence, look up their human right and political oppression issue.
@tranphong46
Ай бұрын
Ngày 04/7/2023, Cơ quan CSĐT Bộ Công an đã ra 131 Lệnh kệ biên tài sản từ số 51 đến số 181/LKB-CSKT-P10 đối với 610 Bất động sản thể hiện tại 612 bản chính Giấy chứng nhận QSDĐ và 02 bản chính Giấy chứng nhận sở hữu công trình xây dựng đã thu giữ. More than 600 cái sổ đỏ😍😍😍
@alcaseyreacher8473
9 ай бұрын
I cant help but to think Jho Low of 1MDB's scandal might be someone behind the couple
@faustinae3927
6 ай бұрын
Sounds like a larger country could be involved, in order to stop companies from entering Vietnam. Sounds familiar 👍❤️🌹🤷♀️. Awesome reporting
@NWONG-qk2lt
8 ай бұрын
Another version to the Story of Jo Lou in Malaysia. Good reporting 👍🙏
@georgecarlin2879
10 ай бұрын
Isn't it possible to open a bank acct with say, a UOB of Singapore branch in Saigon? It would be much more secure, imho.
@Star1957able
6 ай бұрын
Interesting video-well done. However it is so disheartening to see how a few people can almost ruin an entire economy
@RitaRevenaugh-bh5ie
5 ай бұрын
Good advise
@DouglasW-m9z
9 ай бұрын
She is just a flower 🌹💐💐🌹 for distraction, the real person or persons, may a group are disappear in front of your eyes
@peaceleader7315
7 ай бұрын
Money system have no place within our socialism_communism economic system.. hmmmm 😡..
@falconalley7228
6 ай бұрын
Usually financial undertaking of this magnitude in Vietnam are not stand alone, family, corporate or conglomerate similar to those in other southeast Asian countries. For this to happen, it is possible the connections can go all the way to the highest government officials and don’t forget the generals as well.
@tranphong46
Ай бұрын
- Ngày 8/11/2023, Cơ quan CSĐT Bộ Công an đã ra Lệnh kê biên tài sản số 317,318/LKB-CSKT-P2 đối với 03 tài sản nhà đất do Công ty Cổ phần T&H Hạ Long sở hữu liên quan trực tiếp đến bị can Trương Mỹ Lan.
@tranphong46
Ай бұрын
Ngày 11/8/2023, Cơ quan CSĐT Bộ Công an đã ra Lệnh kê biên tài sản số 219/LKB-CSKT-P10 đối với tài sản tại số 19-21-23-25 Nguyễn Huệ, phường Bến Nghé, Quận 1, Hồ Chí Minh (không thu giữ Giấy chứng nhận QSDĐ)
@MrPeuss
8 ай бұрын
Very interesting video and well explained
@hada7552
5 ай бұрын
Vietnam doesn’t disappoint and goes big. Sucks for the victims
@erictheviking9917
5 ай бұрын
Power and Greed.
@fredchow
10 ай бұрын
Tip of the iceberg in the world during this period of time.
@Asdfkalsdf
10 ай бұрын
Moral of the story: Don’t get in bed with the Chinese.
@LalallaSN
10 ай бұрын
A bank only currency is trust…guess that is not happening
@RitaRevenaugh-bh5ie
5 ай бұрын
It happen in usa i well voted former president Donald Trump America first 🙏
@007thematrix007
9 ай бұрын
fastened my seatbelts earlier in the vid., ... you were right, def. got bumpy!
@tydang3582
9 ай бұрын
Thanks Ken. SUB
@crackeds
10 ай бұрын
Did ever anyone try Ken for their venture into vietnam?
@blipblop92
9 ай бұрын
As a vietnamese, I would suggest to stay away from Vietnamese real estate or stock investments. They are almost all driven by hidden dark forces and can collapse anytime.
@ddsmiles6382
5 ай бұрын
This was along my line of thinking. I honestly felt they were caught up the nair and someone was casting the bait. They fell hard for the bait. Sad situation all the way around. Thank you for the video. It was filled with fresh intelligent ideas. Well done.
@aubreyj.tennant1123
8 ай бұрын
Great presentation as usual Ken! 👍💪 Your transparency is refreshing and important during these trying times in Vietnam. I love Vietnam & the Vietnamese people. Unfortunately, at the core of the countries economic organizing principles is coercive control. The roots are in communism. To be fair it’s in capitalism too. Corruption is an absolute eventuality. IMO. Thanks again 👍
@HippiePajon
10 ай бұрын
She's a genius. Insane, and very smart. (But not good)
@dingdongchingchong8659
6 ай бұрын
No she isn't. She got caught. There are still smarter ones out there who haven't got caught at all.
@antonetrinh8662
10 ай бұрын
Dương you are better to shut this video down. You are in VN. Be smart and stay away from this subject. It is not safe to criticize the Communist party in VN.
@duongglobalbusinessconsulting
9 ай бұрын
This story is public knowledge and the content of this video is a report with legal opinion. Our attorney did not criticize anybody and stayed neutral stating the public facts. Our law firm, along with our staff in Vietnam abide by the law.
@VeeBeeZee22
9 ай бұрын
Some people think like you and they're never be able to talk again. Just look at the people who died mysteriously related to this case. Someone wants them to shut up.
@mihbag6
9 ай бұрын
Lol😂 you should learn some Vietnamese and read public newspaper and tv. She is arrested and waiting for her final crime conclusion soon
@DLong-wp8su
9 ай бұрын
Thanks for sharing. There are must be a lot of people getting involve. As I understand, her husband is the foreigner and she probably also. I am shock the government not keep an eye on them and allow to run the bank.
@minhtuyet5906
8 ай бұрын
Cô ấy là người Việt gốc Hoa, tức là hiện tại cô ta vẫn đang mang quốc tịch Việt Nam bạn ơi.
@aubreyj.tennant1123
8 ай бұрын
It’s a communist country. They’ve probably already spent their take. lol.
@georgewin7243
5 ай бұрын
that means, she must be so intelligent for being able to pull it through
@johnchurch7892
5 ай бұрын
Those who profit from defunct businesses by orchestration will be your definite culprits.
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