After big promises, US property developer flees slumping Vietnam market, leaving anger in wake

  • by: CHRIS BRUMMITT , Associated Press
  • Updated: September 19, 2013 - 2:30 AM

HANOI, Vietnam — As Vietnam's first property boom crashed around him, American developer Edward Chi kept promising investors their flashy apartments were on track. The businessman even told them he would sell his California properties to pay them back if construction stopped on projects that were heavily marketed by a well-known American real estate company.

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