JU Group chief gets 12 years in jail

Korea Herald Feb. 21, 2007 JU Group chief gets 12 years in jail A Seoul lower court yesterday sentenced the chairman of JU Group, the nation’s biggest multilevel marketing firm, to 12 years in prison for fraud and embezzlement.Joo Soo-do, 51, was arrested last July on charges of deceiving over 110,000 people in a fraud case of 1.8 trillion won ($1.9 billion), instructing them to illegally pay a total of 130 billion won to JU Group’s affiliates and misappropriating 28.4

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North Korea Enacts Law Against Money Laundering;Intelligence Agency Says Pyongyang Has Highly Enriched Uranium Program

Korea Times Feb 21, 2007 North Korea Enacts Law Against Money LaunderingIntelligence Agency Says Pyongyang Has Highly Enriched Uranium Program By Park Song-wuStaff Reporter The National Intelligence Service (NIS) on Tuesday confirmed that North Korea recently enacted a law that prohibits money laundering. The standing committee of the North’s Supreme People’s Assembly adopted the legislation last October to ban financial transactions involving illegal earnings, the agency said in a press release. The enactment apparently aimed at settling the U.S. financial

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Go for 2-Term Presidency

Appeared in Korea Times on 01-31-2007 Dear Prof. Sean Hayes: An issue that has suddenly been proposed by President Roh Moohyun is the amendment of the Constitution to give the future president a four-year one-time renewable term and also to align the presidential election with the National Assembly elections. Currently, the president has a five-year non-renewable term and the presidential election is not held on the same date as the National Assembly elections, since Assemblypersons have four-year terms. Is Roh’s

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[News] Ex-governor Found Guilty and Sentenced for Rape

The Supreme Court reached a consensus for former South Chungcheong Province Governor An Hee-jung’s sentence for raping his female assistant, in the nation’s most noteworthy profile #Metoo movement scandal. The Supreme Court on September 9, 2019 confirmed that An Hee-Jung should serve a 3 ½ year prison sentence for his crime against his secretary. The Supreme Court stated that “The victim’s testimony is deemed credible given that it is consistent and very detailed without parts that are inconsistent.” The Supreme

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