The prosecution investigating the 'SG Securities-triggered crash' has changed the status of the head of a hospital suspected of recruiting doctor investors among the stock manipulation group from a witness to a suspect and has also conducted a search and seizure of the hospital.


[Image source=Yonhap News]

[Image source=Yonhap News]

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On the 12th, the Joint Investigation Team on Financial and Securities Crimes of the Seoul Southern District Prosecutors' Office (Chief Dan Seong-han) and the Financial Services Commission joint investigation team changed Joo, the head of a rehabilitation medicine hospital in Nowon-gu, Seoul, who was being investigated as a witness, to a suspect. Joo is suspected of violating the Capital Markets Act.


The joint investigation team appears to have launched a full-scale investigation into Joo. According to the prosecution, the joint investigation team has been conducting a search and seizure of Joo's hospital since the morning of that day.



The stock manipulation group, including CEO Ra, is suspected of inflating stock prices through matched trading using personal information and mobile phones obtained from investors. Joo is suspected of exclusively recruiting high-value investors who are doctors.


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