Broker Related to Optimus Case 'Under Pretext of Investigation Cover-up' Sentenced to 2 Years in First Trial
[Asia Economy Reporter Kim Daehyun] A broker who pocketed hundreds of millions of won under the pretext of settling cases for current and former executives of Optimus Asset Management affiliates was sentenced to prison in the first trial.
On the 8th, according to the legal community, Judge Shin Hyukjae of the Seoul Central District Court Criminal Division 4 sentenced broker Son Mo, who was indicted on charges including violation of the Attorney-at-Law Act and fraud, to two years in prison. He was also ordered to pay a fine of 630 million won.
Previously, Son was prosecuted on charges of conspiring with former Vice Chairman Ko Mo of Sebo Tech, a subsidiary of Haeduck Powerway and an Optimus affiliate, to receive 630 million won from current and former executives of Haeduck Powerway.
At the time, Ko reportedly told those accused of fraud and other charges during the company acquisition process, "Son is close to prosecutors, so I will ask him to settle the case," and received money which was then passed on to Son.
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The court found Son guilty of the charges. It stated, "By accepting money under the pretext of requesting investigation agencies, he undermined trust in state institutions," and "He disrupted judicial order, warranting severe punishment." However, Son was not detained in court at the time of sentencing.
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