Booyoung chief gets 5-year prison term for embezzlement, breach of trust
Social affairsNov 13, 2018
A Seoul court on Tuesday sentenced the chief of a local construction and real estate business group to five years in prison for embezzlement and breach of trust.The Seoul Central District Court handed down the verdict to Lee Joong-keun, chairman of Booyoung Group, ordering a 100 million-won ($88,260) fine. (Yonhap)Prosecutors indicted Lee in February on 12 charges involving a total of 430 billion won in misappropriation, tax evasion and profits from illegal acts. They had demanded 12 years in p