Lee Jae-Yong

Samsung Heir Charged With Bribery, Embezzlement in Corruption Scandal

It’s been a rough few months for Samsung: Last year’s exploding phone debacle was followed by scion Lee Jae-yong’s apparent involvement in the growing corruption scandal surrounding South Korean President Park Geun-hye. [caption id="attachment_199283" align="aligncenter" width="808"] Source: AFP PHOTO / YONHAP / Getty Images[/caption] Now, as the company struggles to bounce back with the introduction of...

Samsung Heir Lee Jae-Yong Arrested in Seoul on Bribery Charges

On Friday morning, Samsung Group’s chief Lee Jae-Yong was arrested on allegations of bribery, embezzlement, and perjury. He has been arrested in connection with South Korea’s ongoing corruption scandal, according to a new report from Bloomberg. [caption id="attachment_199283" align="aligncenter" width="808"] Source: AFP PHOTO / YONHAP / Getty Images[/caption] Lee was taken into custody after the Seoul...