"Claims of Being a Victim of a Huge Conspiracy... Absurd"

Jin Joong-kwon, former professor at Dongyang University / Photo by Asia Economy DB

Jin Joong-kwon, former professor at Dongyang University / Photo by Asia Economy DB

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[Asia Economy Reporter Suwan Kim] Former Dongyang University professor Jin Joong-kwon criticized MBC's report alleging collusion between Prosecutor General Yoon Seok-yeol's closest prosecutor and a Channel A reporter as a "serious violation of journalistic ethics." This criticism stems from the fact that the report failed to properly verify the hidden intentions or factual circumstances of the tip-off from an economic offender serving a 14-year sentence for financial fraud and his proxy.


On the 3rd, Jin posted on his Facebook, saying, "They defamed a specific person, blinded by political prejudice."


Jin said, "Lee Cheol is a fraudster who was sentenced to 14 years for a massive 700 billion won fraud," adding, "In short, he is a con artist whose profession is deceiving people." Lee Cheol, former CEO of Value Investment Korea, is a former major shareholder of Shinilajen currently imprisoned for financial fraud.


He continued, "The so-called whistleblower represents that fraudster's intentions. They should have confirmed what intentions that fraudster had in making such a tip-off, what kind of deal they tried to make with the prosecution through the Channel A reporter, what proposals were made to Channel A for that deal, and why those proposals were rejected before reporting."


He then quoted part of a letter written by former CEO Lee, saying, "He claims to be a victim of a huge conspiracy created by the prosecution and the court. It's absurd."


In Lee's letter, it says, "I thought there must be a huge conspiracy when I saw questions assuming I hid money and gave money to political and social figures like Chairman Yoo. I was afraid because I thought the 12-year sentence and the irrational prosecution investigation and trial over the past five years were fragments of a huge conspiracy."


Jin also said, "This is a fraud worth a whopping 709.3 billion won. Many victims have occurred. Where did all the money they were defrauded of go?" He pointed out, "'Fraud' is originally committed to live well after serving time. Moreover, isn't it true that pro-Roh figures, including Yoo Si-min, were lined up as accomplices in his fraud?"


He added, "The motive for Lee Cheol's tip-off to MBC is clearly stated in that letter. In short, he is asking to be made a victim like Cho Kuk."


He also said, "He claims the prosecution's investigation against him was irrational and the court's ruling was a huge conspiracy," adding, "So he is asking to be protected like Cho Kuk."



He then strongly criticized, saying, "A person sentenced to 12+2 years urgently sending out an SOS means there is still something left. He is asking to be protected in any possible prosecution investigation. Can't MBC reporters read Korean?"


This content was produced with the assistance of AI translation services.

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