Alibaba Real Estate allegedly cheats over 6,700 clients
PolicyLocal property firm Alibaba Real Estate JSC, whose executives were recently arrested, has been accused of defrauding more than 6,700 clients out of more than VND2.65 trillion (US$114 million) in deposits.
CEO of Alibaba Real Estate JSC arrested
PolicyMore than a hundred polices with weapons and special vehicles surrounded headquarter and offices of Alibaba Real Estate JSC in Thu Duc and Binh Thanh District, HCMC to arrest CEO Nguyen Thai Luyen and his brother.
MoPS to investigate 29 "ghost" projects of Alibaba in Dong Nai
PolicyAt the request of the Ministry of Public Security (MoPS), Dong Nai’s Department of Construction needs to provide relevant information and documents for the investigation of "ghost" projects developed by Alibaba Real Estate JSC.
