The Counterfeiter's Tale

She owned a bank and made fake loans to herself... I don't see the problem. How in the hell can you steal from yourself?

Vietnam Real Estate Tycoon Sentenced to Death Over Massive Fraud Amounting To 3% Of GDP

Lan illegally controlled Saigon Joint Stock Commercial Bank between 2012 and 2022 and allowed 2,500 loans that resulted in losses of $27 billion to the bank, reported state media VnExpress. The court asked her to compensate the bank $26.9 million.

The court found that she used this approach to tap SCB for cash. She indirectly owned more than 90% of the bank, a charge she denied, and approved thousands of loans to “ghost companies,” according to government documents. These loans then found their way back to her, state media VNExpress reported, citing the court’s findings. She then bribed officials to cover her tracks.

Wait... I thought those Vietnamese were Commies??? That was the whole purpose of the US having 58k die over there, right?
Lan and her family established the Van Thing Phat company in 1992 after Vietnam shed its state-run economy in favor of a more market-oriented approach that was open to foreigners. She had started out helping her mother, a Chinese businesswoman, to sell cosmetics in Ho Chi Minh City’s oldest market, according to state media Tien Phong.
 
These morons know that Family Dollar and Dollar Tree are the same company, don’t they?

And, unless you were living under a rock, Dollar Tree announced a few years ago that they would start selling more expensive merchandise.

First world problems.
they are having a clearance sale though

 
WOW... word salad. He's both a liar and not too bright. So he admits that we print money and borrow money? Why TF do we pay taxes?

 


SHOCKER. Nobody knows how the financial system/ fiat currency works. Interesting premise presented though. FWIW this isnt partisan or even political...its about ignorance as much as anything. Lmao when this chick says " inflation peaked at 9% under Biden, but now is back down to 3%". Hahahahahahahahaha

Edit. By nobody...i mean any of the economists in this Administration tasked with running our monetary system and economy....as well as apparently any other "experts" or "leading economists" including, according to the interviewer, everyone with the office or education relevant that she should possibly get an interview with.
 
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SHOCKER. Nobody knows how the financial system/ fiat currency works. Interesting premise presented though. FWIW this isnt partisan or even political...its about ignorance as much as anything. Lmao when this chick says " inflation peaked at 9% under Biden, but now is back down to 3%". Hahahahahahahahaha

Edit. By nobody...i mean any of the economists in this Administration tasked with running our monetary system and economy....as well as apparently any other "experts" or "leading economists" including, according to the interviewer, everyone with the office or education relevant that she should possibly get an interview with.

Some or most are very aware of how it works but stay quiet. Yellen for example is one.
 

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