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Stories about: Korean law


Hacked Data Used by Korean Loan Sharks

According to the Korean police, an unidentified Chinese hacker managed to get hold of 9 million credit records that were sold on for a profit in Korea. The person responsible for stealing these records is known only as Chun, and it seems that he managed to flee to China before the Korean law enforcement agencies had ...

29 July 2008
06:21 GMT

Samsung Chairman Gets $109 Million Fine

A court of law in South Korea has recently found Lee Kun-Hee, former Samsung chairman, guilty of tax evasion and security law violations and consequently issued appropriate punitive measures. Lee will have to pay a hefty fine in excess of $100 million and spend 3 years in prison, a sentence that the 66 year old man ...

18 July 2008
03:37 GMT


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