Vietnamese billionaire Truong My Lan owes victims $27 billion after her role in one of history's largest frauds.

Authorities have auctioned her Birkin bags, luxury cars and yachts, but so far she has repaid around only $455,000.

Her death sentence was commuted to life imprisonment after Vietnam removed the death penalty for embezzlement.

AI-generated summary was reviewed by a CNN editor.

A parade of luxury cars, handbags and yachts up for auction has done little to help their owner, a disgraced Vietnamese tycoon, repay the billions she owes victims in one of the largest fraud cases in history.