Senate Plans to Expose Banks Used for MMM Fraud

Senate Plans to Expose Banks Used for MMM Fraud

The Senate on Thursday vowed to expose all commercial banks in the country used by discredited Ponzi scheme popularly called Mavrodi Mondial Movement (MMM). The upper chamber said the exposure of the banks used for MMM became necessary so that...
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Samsung Vice Chairman, Lee Jae Yong Faces 12-year Jail Term Over Bribe Scandal

Samsung Vice Chairman, Lee Jae Yong Faces 12-year Jail Term Over Bribe Scandal

When Samsung Electronics became the world’s most profitable technology company last month, its de facto leader was in jail. Lee Jae-yong, vice chairman and heir apparent to Samsung Group, faces charges that he bribed South Korean government officials to soli...
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