Shin Kyuk-ho, founder of Lotte Group. Photo: Bloomberg

Founder of South Korea’s Lotte Group given four-year prison sentence for embezzlement

Shin Kyuk-ho founded the group in the late 1940s and built it into a sprawling giant that today includes dozens of food, retail and hotel businesses

Topic |   South Korea

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Shin Kyuk-ho, founder of Lotte Group. Photo: Bloomberg
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