Joining a long, storied tradition of corporate shenanigans, Samsung group chairman Lee Kun-hee was indicted today on billions of dollars worth of tax-evasion charges and breach of trust, the later stemming from long standing accusations of stock manipulation. Nine other execs from the company were indicted on related charges as well, though no one has been arrested thus far.

"Samsung would like to apologize for causing concerns," said one of the company's execs, Lee Soon-dong, in a statement. "Taking this special prosecution investigation as a new starting point, Samsung is preparing reform plans, based on advice from various sectors of our society."

According to The New York Times, the company is set to hold a press conference on the matter next week.