** WATCH VIDEO ** Samsung Heir Sentenced For Corruption In Same Scandal As Former South Korean President TIME: The billionaire heirapparent to South Korean electronics giant Samsung has been jailed for five years as part of a whopping corruption scandal that also prompted the impeachment of the East Asian nations former President Park Geunhye late last year Lee Jaeyong, , who effectively ran the worlds biggest cellphone maker in place of his ailing father, stood accused of bribery and embezzlement relating to payoffs to a confidante of Park who lobbied on the billion companys behalf Subscribe to TIME Get closer to the world of entertainment and celebrity news as TIME gives you access and insight on the people who make what you watch, read and share. Money helps you learn how to spend and invest your money Find advice and guidance you can count on from how to negotiate, how to save and everything in between Find out more about the latest developments in science and technology a
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