{"id":8119,"date":"2008-07-16T00:00:00","date_gmt":"2008-07-16T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"ex-samsung-chief-handed-3-year-suspended-jail-term","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2008\/ex-samsung-chief-handed-3-year-suspended-jail-term.html","title":{"rendered":"Ex-Samsung chief handed 3-year suspended jail term"},"content":{"rendered":"<p>  Reuters- Former Samsung Group chief Lee Kun-hee,  one of <span class=\"yshortcuts\">South Korea<\/span>&#8216;s most powerful businessmen, was handed a  3-year suspended jail sentence on Wednesday for tax evasion,  but was cleared of other charges.<\/p>\n<p>  The court also fined Lee 110 billion won ($109 million),  more than double the amount of taxes he evaded, but cleared him  of charges of breach of trust and illegal issuance of bonds  aimed at transferring wealth to his children.<\/p>\n<p>  His jail sentence was suspended for five years.<\/p>\n<p>  Analysts and experts had expected Lee to escape prolonged  jail time because judges have often been lenient to South  <span class=\"yshortcuts\">Korean<\/span> corporate leaders convicted of white collar crimes on  the basis that putting them behind bars could hurt business.<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/us.rd.yahoo.com\/dailynews\/rss\/business\/*http:\/\/news.yahoo.com\/s\/nm\/20080716\/bs_nm\/samsung_sentence_dc\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters- Former Samsung Group chief Lee Kun-hee, one of South Korea&#8216;s most powerful businessmen, was handed a 3-year suspended jail sentence on Wednesday for tax evasion, but was cleared of other charges. The court also fined Lee 110 billion won [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[749,1497,1488,1499,1498,1501,117,507,1495,1500,1502,1494,1496],"class_list":["post-8119","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-abbey","tag-breach-of-trust","tag-businessman","tag-economic-troubles","tag-heroic-status","tag-intense-pressure","tag-investment-arm","tag-investment-group","tag-iraq","tag-pipe-dream","tag-rfp","tag-rout","tag-samsung-group"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8119"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8119\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}