Drug Scandal Involving Wealthy Family's Heir... Prosecution Arrests Third Generation of Goryeo Steel
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[Asia Economy Reporter Lim Chun-han] Recently, the prosecution, which has consecutively indicted wealthy heirs including third-generation chaebols on drug charges, has arrested the third-generation heir of Koryo Steel.
According to the legal community on the 21st, the Violent Crimes Division of the Seoul Central District Prosecutors' Office (Chief Prosecutor Shin Junho) obtained an arrest warrant yesterday for Hong Mo, who is accused of violating the Narcotics Control Act. Hong is the grandson of the late Hong Jong-yeol, founder of the mid-sized steel company Koryo Steel.
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Earlier this month, the prosecution indicted nine marijuana offenders including the grandson of the founder of Namyang Dairy Products, the third-generation heir of the Beom Hyosung family, overseas students, and entertainers. During additional investigations, it was reported that the prosecution detected evidence of Hong’s drug purchase and use. Hong was arrested at his home on the 17th.
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