A local property developer has been arrested by police in Vietnam following claims two Australian investors have been conned out of almost $9 million.

Australians Lam Yin Cho and Lee Park Ling are understood to have been caught up in the fraud after becoming involved in an outsourced government scheme to buld a complex of apartments and offices in Ho Chi Minh City. According to the Tuoitrenews website, the men entered into a deal…