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Tag : Hyosung Group

The chairman was sentenced to three years imprisonment for tax evasion. (Photo by Lennart Preiss/Getty Images)

Jan 16, 2016 PM EST - Diana Tomale

Hyosung Chairman Senteced To Three-Year Imprisonment Over Alleged Tax Evasion And Accounting Fraud

The Seoul Central District Court sentenced Hyosung Chairman Cho Seok Rae to a three-year imprisonment and fined him $110 million on charges of tax evasion and accounting fraud.

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