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[–] 134 points 4 months ago* (last edited 4 months ago) (6 children)

Oh wow, reading the wiki you linked, looks like that one exec really learned their lesson \s

On 5 April 2006, Sun Woo Lee, Senior Manager of DRAM at Samsung Electronics, entered into a plea bargain with the US Government for his involvement in the price fixing conspiracy.[5] Following the plea agreement he was sentenced to 8 months in prison and fined US$250,000.[6] Lee was subsequently promoted to President of Samsung Germany in 2009, and then President of Samsung Europe in 2014

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?"

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  • [–] 108 points 4 months ago (5 children)

    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

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  • [–] 38 points 4 months ago (1 child)

    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

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  • [–] 9 points 4 months ago

    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

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