Lotte Group founder's daughter arrested on embezzlement charge in South Korea

By Joyce Lee SEOUL (Reuters) - The daughter of the founder of South Korea's Lotte Group conglomerate was arrested on Thursday on charges including breach of trust and embezzlement, a judge told Reuters. Prosecutors applied for a detention warrant earlier this week for Shin Young-ja, who is also a director of Lotte Group's hotel unit, a Seoul Central District Court judge said. Shin is the first founding family member or high-ranking manager from South Korea's fifth-largest conglomerate to be deta