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A top Vietnamese luxury property tycoon was sentenced to eight years in prison, state media said Wednesday, after he was accused of cheating thousands of investors in a $355 million bond scam.

Ho chi minh cityH chíinhRepublic ofHan iHoang vietHoang minhHanoi people courtVietnam jails luxury property tycoon forBond scamTan hoang minhTuoi treTruong my lanVan thinh phatVietnamese luxury property tycoonVietnamese luxury property tycoon bank scamDo anh dung