Trieu Vy faced 500 lawsuits and compensated nearly 300 billion after causing manipulation of the stock market

Hoàng PhúcJan 13, 2022 at 12:02

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Trieu Vy received a bitter ending after manipulating the Chinese stock market.

According to QQ, since being "touched" by the Committee, the actress has faced more than 500 lawsuits, large and small, of which she has lost 102 cases and had to pay compensation of nearly one hundred million yuan.

Before being touched by the China Securities Commission, the business path of Trieu Vy and his wife was as favorable as the wind. The Beijing News reported that the couple's assets fluctuated around $1 billion. Trieu Vy is a rare actress on the list of Chinese billionaires with her husband Huynh Huu Long. Trieu Vy and her husband are involved in running about 7 companies.

Trieu Vy faced 500 lawsuits and compensated nearly 300 billion after causing manipulation of the stock market - Photo 1

In the list of close friends of this famous couple, there are a series of prestigious billionaires such as Jack Ma, Su Ngoc Tru, and Vuong Kien Lam.

In December 2014, Trieu Vy caused a stir when she and her husband spent $ 400 million to buy a 9.18% stake in Alibaba Pictures, becoming a strategic shareholder after Jack Ma.

Trieu Vy faced 500 lawsuits and compensated nearly 300 billion after causing manipulation of the stock market - Photo 2

In 2015, this group of giants shocked the Hong Kong stock market (China) when they won big with the purchase of shares of Thuy Dong Group. The Chinese press simultaneously called Huynh Huu Long a mysterious businessman and Trieu Vy was given the beautiful nickname "Chinese female version of Warren Buffett".

No one doubted the couple's big winning projects on the stock and real estate markets until 2016, the Chinese Investigation Agency determined, Trieu Vy and her husband - businessman Huynh Huu Long - making mistakes in raising capital, falsifying documents in the company they established, using financial leverage, transferring shares, establishing a ghost company, publishing heavenly investment numbers to attract capital from retail investors, pushing stock prices up...

The couple's actions seriously mislead investors and manipulate the market.

In November 2017, the couple received a fine from the China Securities Regulatory Commission for the above violations. In addition to the warning discipline, forced to reorganize the company, Trieu Vy and Huynh Huu Long were banned from participating in the stock market for 5 years, and also paid an administrative fine of 600,000 yuan (about more than 600,000 yuan). 2 billion dong).

In November 2018, the Shanghai Stock Exchange fined Trieu Vy - Huynh Huu Long not being allowed to hold the position of chairman, supervisor or other management positions in the company on the stock exchange for a period of 5 years.

In April 2021, Chinese media reported that Zhao Wei had frozen shares in 3 companies for 3 years. Accordingly, the court in Beijing banned the actress from trading shares of Pulin Production, Long Xuxin Trading Company and Yiju Chuang Yi Technology - until April 2024.

Trieu Vy faced 500 lawsuits and compensated nearly 300 billion after causing manipulation of the stock market - Photo 3

The total value of frozen shares is more than 2.7 million yuan (9.6 billion dong). Only 2 months later, Huynh Huu Long was sued by creditors for nearly 300 million HKD ($38.6 million) for delaying payment of the loan.

At the end of August 2021, actress Trieu Vy was once rumored to be "sealed" when the keyword containing her name and her works were removed from internet platforms in turn. There are many conjectures surrounding the actress' "banning the wave".

Some people think that she was revived by a series of scandals from the past. Another opinion is that she belongs to many interest groups including businessmen, politicians, ... who have just been "touched" because of political and economic scandals. At the peak, the actress born in 1976 is said to have chartered a plane to France and came to this farm to take refuge.

However, after that, Trieu Vy implicitly denied the rumors with a photo taken in Beijing on social networks. Not long after, Weibo spread pictures of Trieu Vy in Anhui's hometown.

Since then, the actress has not appeared in the entertainment industry. On April 23, 2021, Chinese media reported that the paparazzi caught Trieu Vy driving a white Mercedes Benz to stop at a gas station on Castle Peak Road in Tsuen Wan Bay, Hong Kong (China). She didn't wear a mask, her hair was messy, her face was pale. She asked the gas station attendant a few questions and then drove off. In addition, in the car was a young man with glasses and a white T-shirt.

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