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Ra Deok-Yeon, the Mastermind Behind the Sg Stock Manipulation Scandal, Is Sentenced to 8 Years in Prison in the Second Trial, a 17-Year Decrease From the First.
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Former Hoan Investment Advisory CEO Ra Deok-yeon, the main culprit behind the SG (Societe Generale) stock market crash, was sentenced to eight years in prison in the second trial, receiving a significant reduction in his sentence. This is 17 years less than the sentence in the first trial. The Seoul High Court's Criminal Division 3 (Presiding Judge Lee Seung-han) ruled on the 25th that the capital market should be
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