Loading...
Market
How will Trinh Van Quyet's sentencing impact his company's stock price by November 2024?
2
Resolution / Starting Odds
Increase by more than 10% • 25%
Increase by less than 10% • 25%
Decrease by less than 10% • 25%
Decrease by more than 10% • 25%
Stock market data from Vietnamese stock exchanges
Story
Vietnamese Billionaire Tycoon Sentenced to 21 Years for $150 Million Fraud
Aug 5, 2024, 11:24 AM
Former real estate tycoon and billionaire Trinh Van Quyet has been sentenced to 21 years in prison after being found guilty of stock manipulation and fraudulent appropriation of assets. Vietnamese state media reported that Quyet, a prominent business tycoon, defrauded stockholders of nearly $150 million by falsely inflating the value of his company in a pump and dump scheme. The verdict was delivered by a Vietnamese court, marking a significant corporate fraud trial in the country.
View original story
Similar markets
Another real estate tycoon • 25%
A government official • 25%
A financial sector executive • 25%
Other individual • 25%
Significant increase (>10%) • 25%
Moderate increase (0-10%) • 25%
No change • 25%
Decrease • 25%
Yes • 50%
No • 50%
Increase by more than 5% • 25%
Decrease by more than 5% • 25%
Change less than 5% • 25%
No significant change • 25%
Stock price increases by over 10% • 25%
Stock price decreases by over 10% • 25%
Stock price remains within 10% range • 25%
Stock delisted • 25%
Significant negative impact • 25%
Moderate negative impact • 25%
No significant impact • 25%
Positive impact • 25%
Significant increase (>10%) • 25%
Minor increase (<10%) • 25%
Minor decrease (<10%) • 25%
Significant decrease (>10%) • 25%
Plaintiff's stock rises • 25%
Defendant's stock rises • 25%
Both stocks rise • 25%
Both stocks fall • 25%
Significant Increase • 25%
No Change • 25%
Minor Decrease • 25%
Significant Decrease • 25%
Increases by more than 10% • 25%
Decreases by more than 10% • 25%
No significant change • 25%
Volatile with no clear trend • 25%