In American English, OBS is a convicted felon. In other words, he's a disgraced bizman.
With regard to people of high ses, "face" a.k.a. "reputation in society" matters a lot.
People of high ses have very "thin face" (meaning fragile social reputation). Poor people have "thick skin" (meaning to them, social reputation can't fill a person's stomach.)
That's why people like Lee Con You and his nepo baby, Pinky, die die must sue till their opponents go bankrupt.