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Samsung Faces Embezzlement Investigation

Samsung’s legal woes have reached a new plateau as the Korean police are looking into allegations that the company’s chairman, Lee Kun-hee, embezzled funds.

“The South Korean police raided the head office of Samsung’s construction arm on Wednesday as they investigated whether Lee Kun-hee, the group’s patriarch, had misappropriated company funds to renovate his family’s home. Investigators will soon begin questioning others, including company officials, an officer involved with the investigation said.”

The New York Times has the story.

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