Posted on 08/26/2016 9:37:23 AM PDT by Nachum
The past several years have seen a surprising spike in professional suicides, mostly confined to the banking sector in general and Deutsche Bank in particular. Overnight this tragic group expanded into multinational corporation sector, after one the top executives at South Korea's multinational conglomerate Lotte Group was found dead on Friday, in what is a suspected suicide, hours before he was to be questioned by prosecutors conducting a criminal probe into the country's fifth-largest conglomerate.
Lee, who was 69, had been scheduled to appear before prosecutors on Friday morning, a Lotte official said.
Lotte Group confirmed the death of Vice Chairman Lee In-won, which comes after the group was riven by a family succession feud last year and subjected in June to widespread raids by government prosecutors. Lee had been with the group for 43 years and was the most senior executive outside the Shin family that controls the conglomerate, or chaebol. He was a longtime CEO of Lotte Shopping one of the group's biggest businesses, Reuters reports.
The police said Lee's body was found on Friday morning under a tree along a walking and cycling path near Seoul. They said he had left home around 10 p.m. on Thursday. A four-page note was found in the executive's car parked nearby. An autopsy showed Lee's death appeared to be a "typical case of death by hanging," which appeared to be suicide, police said.
"When I arrived after the call, the deceased was lying down, crouched here," Hyung Dae-ryong, Seojong precinct police station chief, told reporters gathered at the site. The deceased, wearing shorts and a black windbreaker, appeared to have hung himself from a tree with a necktie, Hyung told reporters. A maroon umbrella with the Lotte logo was found nearby.
(Excerpt) Read more at zerohedge.com ...
Couldn’t find the cyanide pill they provided him?
I think that was a message (warning) to others...
-Doug Band
Umbrella a message - could not figure that out until I got the symbolism definition:
The umbrella usually symbolizes the canopy of the heavens, shelter, and protection. It is often an emblem of power and dignity.
Umbrella Corporation.
A necktie???????
MY LONG LOST BROTHER!!!! :) Mine would take place in a casino suite along with everything else you mentioned.
It’s actually good I never became rich. Would have self destructed by now
Probably just a take-one-for-the-team Asian business corruption suicide. He was “the most senior executive outside the Shin family that controls the conglomerate” and therefore a suitable sacrifice.
Dead Bankers Ping!.................
“necktie”
He shoulda asked for witless protection program.
So he hanged himself from a tree while lying on the ground. Doesn’t sound suspicious to me.
Vice Chairman Lee lose-out
I think it is a fairly common response to any dishonorable situations among old school Koreans. My Korean ex’s brother committed suicide because of losses in his division of a large business. Apparently he thought they could make it up by end of quarter so he delayed reporting it, and it snowballed into a catastrophic loss.
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