Samsung heir gets five years for bribery and embezzlement

The billionaire chief of Samsung has been sentenced to five years in prison for bribery and other crimes in a stunning downfall for the heir to South Korea's biggest family fortune and a global consumer electronics empire.

Seoul Central District Court said Lee Jae-yong, 49, was guilty of offering bribes to Park Geun-hye when she was South Korea's president, and to Park's close friend, to get government support for efforts to cement his control over the Samsung empire.