this post was submitted on 24 Jun 2026
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Oh wow, reading the wiki you linked, looks like that one exec really learned their lesson \s
edit/update: Oh, wow so Sun Woo Lee actually really lucked out as Korea focused more on making an example of the Samsung heir apparent https://en.wikipedia.org/wiki/Lee_Jae-yong
8 months in prison sucks, I totally concede that. Yet literally the deal they made looks like they were asked "Would you take the fall and go to prison for 8 months and then get paid millions per year afterward?"
Going to jail as a poor person means you lose your job
Going to jail as a rich person apparently gets you a promotion
Interesting
Doesn't the mob and other syndicates do something like that as well? Gotta do some time and not snitch to move up in the ranks.
That means that he managed to keep the fine small enough that Samsung made significantly more money off the price fixing than they ever lost from the fine. Hasn’t changed
https://www.axios.com/google-facebook-fines-profits--134d3567-1052-4d9d-aa70-dc7c25ed4ebf.html
Cost of doing business really
Not just lose your job, but your entire career as the prison record will come up in your background check and the news will also be on the internet forever, the prison / slavery industry is a well oiled machine
"They gave their freedom for this company!" - Some corrupt executive somewhere