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You are here: Home / Archives for crime

crime

Judge Sends Samsung CEO Back to Prison for 2½ Years

January 19, 2021 by Ted Leave a Comment

Samsung vice chairman Jay Y. Lee
[Photo: AP]

Who Will Run the Company with Lee Incarcerated?

On Monday, Samsung Electronics Vice Chairman Lee Jae-yong – also known as JY Lee, J. Y. Lee or Jay Y. Lee – was sentenced to 2½ years in prison for his role in a bribery and embezzlement scheme to influence the President of South Korea in order to increase his share and power in the company. This development is big news in Korea. Samsung Electronics, part of the Samsung family of companies that is the largest conglomerate in South Korea, by itself represents almost 20% of the entire value of all exports from Korea.

See this sensational Samsung…ah…stuff!

[Read more…] about Judge Sends Samsung CEO Back to Prison for 2½ Years

Filed Under: Asian Connection, Law, Management, Manufacturers, News Tagged With: crime, Jay Y. Lee, prison, Samsung, Samsung Electronics

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Ted Green Bio

A former dealer, installer, manufac-turer, distributor & more. With a focus on business strategy, my goal is to help you make better decisions for more success.

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