South Korea Prosecutors Seek 15-Year Jail Term for Kakao Founder, Yonhap Reports
Prosecutors also asked for a 510 million won fine as they seek to overturn a lower court ruling that cleared him.
9 Articles
9 Articles
15-year prison term sought for Kakao founder in SM stock case
Prosecutors sought a 15-year prison term for Kakao founder Kim Beom-su, Wednesday, during an appeal over his alleged involvement in inflating SM Entertainment's stock price during a fierce 2023 takeover battle for the K-pop agency. In a final hearing at the Seoul High Court, prosecutors asked the court to sentence Kim, head of Kakao’s Future Initiative Center, to 15 years in prison and impose a 500 million won ($370,000) fine for violating the F…
South Korea prosecutors seek 15-year jail term for Kakao founder ...
Prosecution Demands 15-Year Prison Sentence for Kakao Founder Kim Beom-su in Second Trial for SM Entertainment Stock Manipulation The prosecution demanded a 15-year prison sentence in the appeal trial for Kakao founder Kim Beom-su, who was indicted on charges of manipulating stock prices during the acquisition of SM Entertainment (SM). Founder Kim was acquitted in the first trial. Seoul High Court
The Public Prosecutor ' s Office in the Court of Appeal requested 15 years ' imprisonment for the founder of the South Korean technology company Kakao Kim Bom Soo, who had previously been acquitted ... ~ 23.09.2026, PRIM
Coverage Details
Bias Distribution
- 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
