This news story is true and is published today but it reads like an outline to a script of some Korean dramas about Chaebol family using gangster to beat up those who have annoyed them without the slightest provocation…. bribing the authorities to cover… you know the drift if you watch enough Korean dramas. May I conclude then that what we watch in Korean dramas could be true and are NOT fiction??
My apology for not being able to display the rest of the story due to subscription violation if I do so.
Source: Wall Street Journal (May 18, 2007)
By Evan Ramstad and Lina YoonSEOUL, South Korea — At the end of a night of drinking in a karaoke bar here in early March, Kim Dong-won, a 22-year-old college student, got caught up in a fight that left him needing 13 stitches on his forehead.
The next night, his 55-year-old father, chairman of one of the country’s largest conglomerates, exacted revenge, police say. They say the father, Kim Seung-youn, directed three associates who rounded up 12 people, including a former boxer and an organized-crime figure, and took the men involved in the fight to a construction site outside Seoul. There, they were beaten by …

Full report by IHT
http://www.iht.com/articles/ap/2007/05/13/business/AS-FIN-SKorea-Tycoon-in-Trouble.php