Chung Tae Soo (center) founded Korea's No. 14 chaebol at a fortune-teller's suggestion and built it up with help from high-level connections. But he borrowed too much HE FINALLY HAD TO call it off.

An appellate court on Friday upheld a lower court's seven-year prison sentence for a son of Chung Tae-soo, the late founder of the now-defunct Hanbo Group, who was convicted of embezzlement and other ...

The prosecution is closing in on Chung Tae-soo, the former head of the now-defunct Hanbo Group who absconded after being convicted of embezzlement, with his son’s extradition to South Korea on ...

Democracy through the ages: Koreans make local voting a family affair — in pictures ...

SEOUL, July 4 (UPI) --The prosecution concluded Thursday that Chung Tae-soo, former head of the now-defunct Hanbo Group, died in December in Ecuador, where he was hiding after fleeing South Korea ...

MUMBAI: After Tata Motors gobbled up Daewoo Motors' truck plant for close to Rs 465 crore last month, another big gun of the group -- Tata Steel -- has now gone shopping in South Korea and has set its ...