The Department of Justice said Wednesday it settled a civil forfeiture case against $1.1 million in assets traceable to bribes taken by Chun Doo Hwan, the former president of South Korea. … Continue Reading
Posts Tagged: Chun Jae Yong
The DOJ said Wednesday it seized $500,000 in assets traceable to bribe money accumulated by Chun Doo Hwan, the former president of the Republic of Korea.
The U.S. Department of Justice filed a civil forfeiture claim to seize more than $700,000 in alleged corruption proceeds from former South Korean President Chun Doo-hwan on Thursday.
The funds came from the sale of a Newport Beach home owned by Chun’s son, Chun Jae Yong, which prosecutors said was purchased in 2005 with money obtained through bribes collected by his father.… Continue Reading