Ex-Samsung boss fined $109 million for tax evasion, collar too white for jail

July 16th, 2008 by

Filed under:

Bringing an end to the Samsung slush fund probe, a South Korean court has fined Lee Kun-hee, Samsung’s former Chairman and son of the chaebol’s founder, $109 million for tax evasion. A rather favorable decision when you consider that prosecutors sought a seven-year jail sentence and a fine of $347 million. The court said that his crimes did not justify a prison term. Lee, appearing relieved by the decision, apologized again saying, “I’m sorry for causing trouble to the people,” presumably while adjusting his monocle and top-hat from atop his golden chariot.

Read | Permalink | Email this | Comments

Posted in samsung, court, legal, korea, south korea, SouthKorea, fine, lee kun-hee, LeeKun-hee, chaebol, s korea, SKorea, tax evasion, TaxEvasion | No Comments »

Break the FCC’s digital transition rules? That’s a $6 million finin’

April 10th, 2008 by

Filed under: ,

As seen previously, the FCC isn’t scared to put the financial smackdown on anyone it finds not playing up to the rules of the digital transition, and has dropped about $6 million in fines on 11 companies. Several of the companies fined were retailers it says did not properly mark TVs that had only analog tuners and won’t get OTA TV after it’s shut off next year. Wal-Mart got dinged for $992k, $1.1 million went against Sears, $712k for Circuit City, $296k against Target and $280k against Best Buy. Syntax-Brillian was one of two companies that caught a charge for importing TVs without a digital tuner after the deadline, while two more were fined for V-chip violations, while Panasonic and Philips were among seven others that settles to avoid fines. That probably won’t cover all those $40 coupons, but it can’t hurt.

[Via Zatz Not Funny & Cable Digital News]

 

Read | Permalink | Email this | Linking Blogs | Comments

Posted in breaking news, BreakingNews, fcc, best buy, BestBuy, digital transition, DigitalTransition, wal-mart, analog, digital, dtv, fine | No Comments »

Texting, talking at the wheel could land Brits in jail

December 21st, 2007 by

Filed under: ,

We already knew that UK motorists caught driving while texting (or vice-versa) could face a penalty of two whole years in the slammer, but now it seems that merely talking while controlling a motor vehicle could land you in the exact same predicament. Reportedly, British drivers caught chatting on a handset or sending an SMS while on the road “could be jailed” under new guidelines that are expected to be published. In the most extreme cases, they could be tagged with “dangerous driving, which carries a two-year maximum sentence and an unlimited fine.” Currently, these folks simply get slapped with an “automatic fine and three points on their license under the lesser charge of careless driving.” But honestly, it’s not like prison would be so bad for cellphone addicts — after all, we hear some cells over there actually provide service.

[Image courtesy of MotorTrend]

 

Read | Permalink | Email this | Comments


Posted in legal, police, uk, sms, text, text messaging, TextMessaging, texting, british, fine, jail, law, prison | No Comments »

Contact

Email Me!

Blogroll:

Search:

Meta:

Blogarama - The Blog Directory