Fraud scandals
Fraud scandals
Korea fines Doosan Enerbility $12 mn for improper bookkeeping
Mar 20, 2024 (Gmt+09:00)
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Fraud scandals
Doosan Enerbility faces record $15 mn in fines for improper bookkeeping
South Korea's major power plant builder Doosan Enerbility Co. faces a record-breaking fine to the tune of about 20 billion won ($15 million) over its...
Feb 07, 2024 (Gmt+09:00)
2 Min read -
Fraud scandals
Samsung tech leak suspects allegedly bribed by Chinese firm
A former senior manager at Samsung Electronics Co. and an ex-subcontractor employee are among those accused of receiving several tens of million doll...
Dec 15, 2023 (Gmt+09:00)
2 Min read -
Fraud scandals
Hankook Tire chairman arrested for alleged embezzlement
The head of Hankook Tire & Technology Co., South Korea’s top tire maker, was arrested on Thursday on charges of embezzlement, breach of tru...
Mar 09, 2023 (Gmt+09:00)
1 Min read -
Fraud scandals
Lazard seeks to sell off fraud-hit Osstem Implant
Lazard Asset Management has tapped multiple professional investors in South Korea to sell off its shares in Osstem Implant Co, worth $165 million, tr...
Jan 25, 2022 (Gmt+09:00)
2 Min read -
Fraud scandals
Kakao names new CEO to salvage reputation hurt by stock options scandal
Kakao Corp., the operator of South Korea’s top mobile messenger KakaoTalk, on Thursday announced a new chief executive nominee as the company i...
Jan 20, 2022 (Gmt+09:00)
2 Min read -
Fraud scandals
Scandal-hit SillaJen faces higher delisting risk
South Korea's SillaJen Inc., once the largest stock on Kosdaq by market value, faces a higher risk of being kicked out of the country's junior stock ...
Jan 19, 2022 (Gmt+09:00)
3 Min read -
Fraud scandals
Investors prepare loss claim for Osstem's fraud case
Minority investors are preparing to file a class-action lawsuit against Osstem Implant Co., which on Monday revealed itself the victim of the largest...
Jan 06, 2022 (Gmt+09:00)
4 Min read -
Fraud scandals
Korean dental implant maker hit by $160 mn embezzlement
Trading in shares of South Korea's top dental implant manufacturer Osstem Implant Co. was suspended on the Kosdaq market on Monday, after the company...
Jan 03, 2022 (Gmt+09:00)
1 Min read -
Fraud scandals
Samsung shares struggle as big strategic decisions still await Lee
Shares of Samsung Electronics Co. have been trapped in a boxed range since the start of the year, dashing retail investors’ hope that the tech ...
Aug 11, 2021 (Gmt+09:00)
3 Min read
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