Jung Kyung-shim Sentenced to 4 Years in Prison in Appeal Trial... Only Fines and Forfeitures Reduced (2nd Report)

Professor Jeong Kyung-shim of Dongyang University Photo by Yonhap News

[Asia Economy Reporters Seongpil Jo and Daehyun Kim] Professor Jeong Gyeong-sim of Dongyang University was sentenced to prison again in the appellate trial. She was indicted on 15 charges including admission fraud involving her children and illegal investment in private equity funds, and was sentenced to 4 years in prison and detained in the first trial. The appellate court ruled that all charges related to admission fraud against Professor Jeong were guilty, as in the first trial. Although the charges related to private equity funds and evidence destruction differed somewhat from the first trial, most of the charges were also found guilty.

The Criminal Division 1-2 of the Seoul High Court (Chief Judge Eom Sang-pil) sentenced Professor Jeong to 4 years in prison and a fine of 50 million won at the sentencing hearing on the morning of the 11th. They also ordered a confiscation of 10.61 million won. Compared to the first trial, the sentence was maintained, but the fine and confiscation amount were somewhat reduced. The court pointed out, "The defendant continues to make claims that are difficult to consider reasonable in light of objective physical evidence and credible testimonies from related parties."

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