[Breaking] Lee Dong-chae, Former EcoPro Chairman, Sentenced to Prison for Using Insider Information Confirmed View original image

Lee Dong-chae, former chairman of EcoPro Group (64), who was indicted for obtaining unfair profits of 1.1 billion KRW using undisclosed information, has had his prison sentence finalized by the Supreme Court.



On the 18th, the Supreme Court Division 1 (Presiding Justice Oh Kyung-mi) upheld the original sentence of 2 years imprisonment, a fine of 2.2 billion KRW, and a confiscation of approximately 1.1 billion KRW against former chairman Lee, who was charged with violations of the Capital Markets Act and the Act on the Aggravated Punishment of Specific Economic Crimes related to concealment of criminal proceeds.


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