'Offshore Tax Evasion' Jang Geun-seok's Mother "Don't Want to Harm My Son" Gives Up Appeal

Actor Jang Geun-seok leaving after completing alternative military service as a social service agent at the Seoul Fire and Disaster Headquarters.
[Image source=Yonhap News]

[Asia Economy Reporter Hanah Na] Jeon, the CEO of Trijay Company (now Bombom), who was convicted of offshore tax evasion, has ultimately abandoned her appeal.

According to the legal community on the 5th, Jeon, the mother of actor Jang Geun-seok, filed an appeal immediately after the first trial verdict on the 19th of last month. However, it was reported that she suddenly withdrew the appeal on the 26th. As a result, the verdict against Jeon was finalized on the 27th.

A representative from Jeon’s side stated, "She decided to give up the appeal because she did not want to create a situation that would cause further harm to her son," adding, "She cannot hide her feelings of guilt toward her son."

At the time, the first trial court sentenced Jeon, who was indicted without detention on charges of tax evasion under the Act on the Aggravated Punishment of Specific Economic Crimes, to 2 years and 6 months in prison with a 4-year probation and a fine of 3 billion won.

Previously, Jeon was prosecuted on charges of evading taxes amounting to about 1.8 billion won by failing to report tens of billions of won in income earned through overseas activities, withdrawing or using the income in Hong Kong, while operating the entertainment agency Trijay Company, which she established to manage her son Jang Geun-seok.

During the trial, Jeon claimed innocence, arguing there was no intent to evade taxes, but the court did not accept this. However, she was acquitted of embezzlement charges.

Meanwhile, Jang Geun-seok completed his alternative military service as a social service agent in July 2018 and was discharged in May last year. After his mother’s charges were revealed, he left Trijay Company.

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