Lee Seung Gi’s Father-in-Law Sentenced to 3.5 Years for Stock Manipulation

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Mr. Lee, Lee Seung-gi's father-in-law, who is accused of obtaining illicit profits through stock price manipulation of a KOSDAQ-listed company, was sentenced to three years and six months in prison in the first trial. The Seoul Southern District Court found 12 out of 13 defendants, including Mr. Lee, guilty of violating the Capital Market Act and ordered the immediate detention of key defendants, including Mr. Lee. The court stated that market m…

매일신문

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Singer Lee Seung-gi's father-in-law was sentenced to prison in the first trial on charges of manipulating the stock prices of KOSDAQ-listed companies to obtain illicit profits. On the 29th, the 15th Criminal Division of the Seoul Southern District Court (Presiding Judge Noh Yoo-kyung) sentenced Mr. Lee (59), who was indicted on charges including violation of the Capital Market Act, to 3 years and 6 months in prison and a fine of 400 million won…

Seoul Shinmun (서울신문)

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A man in his 50s who took illicit profits by inflating the stock prices of KOSDAQ-listed companies by more than 10 times was sentenced to prison in the first trial. According to Yonhap News, on the 29th, the Seoul Southern District Court Criminal Division 15 (Presiding Judge Noh Yu-kyung) held a sentencing hearing for 13 people, including Mr. Lee (59), who were brought to trial on charges of violating the Capital Market Act, and sentenced Mr. Le…

asiae.co.kr

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Singer Lee Seung-gi's father-in-law, Mr. Lee, was sentenced to prison in the first trial for his involvement in the stock manipulation case of Quantapia, a renewable energy company that generated tens of billions of won in illicit profits.