[News brief] LB Investment head gets suspended sentence for fabricating bank statements
Social affairsJul 17, 2019
Koo Ja-doo, chairman of venture capital firm LB Investment, received a suspended prison term for fabricating bank statements to close accounts he maintained under other people’s names, a court said Wednesday. The Seoul Central District Court sentenced Koo, the fourth son of LG Group Founder Koo In-hoi, to one year in prison, suspended for two years, on charges of fabricating documents.Koo had a total of 281 bank accounts under the names of foreign students in Seoul who received schol