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Samsung Chairman Lee Kun Hee has been indicted for evading taxes

April 17, 2008 by Stefan Constantinescu - Leave a Comment

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Rich people like money. Rich people like to keep their money. Rich people like to hide their money from the people who come to take their money away. Samsung Chairman Lee Kun Hee was hiding about $4.54 billion and thus he has been indicted.

Rich people influence government. Rich people do not go to jail because rich people have friends in the right places. When rich people steal money they get a finger pointed at them and a lecture.

Lee Kun Hee is not going to jail because the Korean government doesn’t want to disrupt the one company responsible for 20% of the country’s exports.

[Via: New York Times]

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