Lee Jae-yong

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Billionaire Samsung Heir Sentenced to 5 Years In Prison

Lee Jae-yong guilty of bribing former president

(Newser) - A South Korean court has sentenced the billionaire Samsung heir to five years in prison for bribery and other crimes that fed public anger leading to the ouster of Park Geun-hye as South Korea's president. The Seoul Central District Court said Friday that Lee Jae-yong , 49, was guilty of... More »

'Trial of the Century' Begins in S. Korea

It'll be fierce, if first hearing is any indication

(Newser) - The "trial of the century" has begun in South Korea, where a vice chairman at Samsung Electronics faces bribery and embezzlement charges after allegedly giving $36 million to President Park Geun-hye and her close friend Choi Soon-sil in order to win government support for a 2015 merger. Lee Jae-Yong,... More »

After Shock Arrest of Samsung Heir, the Indictment

Lee Jae-yong faces bribery, embezzlement charges

(Newser) - Following a three-month investigation, South Korean special prosecutors indicted Samsung's de facto chief Tuesday on bribery, embezzlement, and other charges linked to a political scandal that has toppled President Park Geun-hye . The indictment of Lee Jae-yong, a vice chairman at Samsung Electronics and the only son of the ailing... More »

S. Korea Stunned by Arrest of Samsung Leader

Lee accused of bribing government

(Newser) - South Korea was taken by surprise Friday with the arrest of the scion of the country's richest family and de facto leader at Samsung over his alleged involvement in a massive corruption scandal that engulfed the president and riveted the nation. Prosecutors believe Lee Jae-yong, 48, a vice chairman... More »

Arrest Warrant Issued for Samsung Boss

Lee Jae-yong accused of embezzlement, bribery

(Newser) - In a departure from the leniency typically given South Korean big businesses, prosecutors on Monday requested the arrest of the de facto head of Samsung Electronics, the country's most valuable company, in an influence-peddling scandal that has toppled the country's president , the AP reports. Lee Jae-yong, the 48-year-old... More »

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