Jeoncheongjo Side "Admits All Fraud Crimes, Apologizes to Victims"... Appears for Warrant Hearing

Jeon Cheong-jo (27), who was known as the remarriage partner of former national fencing representative Nam Hyun-hee (42) and has been accused of fraud, is facing the possibility of detention.

Jeon Cheong-jo is attending the warrant hearing at the Seoul Eastern District Court on the afternoon of the 3rd. [Image source=Yonhap News]

On the 3rd at around 2:30 PM, Chief Judge Shin Hyun-il of the Seoul Eastern District Court conducted a pre-arrest detention hearing (warrant review) for Jeon, who is charged with fraud under the Act on the Aggravated Punishment of Specific Economic Crimes.

Jeon is accused of receiving money from multiple people under the pretext of investment funds and embezzling it or inducing them to take out loans. The police have confirmed 15 victims so far, with damages amounting to over 1.9 billion won.

Jeon, who had been held at the Songpa Police Station detention center, left the police station at around 1:30 PM to attend the warrant review. When asked by reporters, "Did Nam have any knowledge of the criminal acts?" "Is it true that you planned to flee illegally?" and "How do you plan to compensate the victims?" Jeon did not respond.

However, Jeon's legal representatives, lawyers Park Min-gyu and Ahn Ju-young of the law firm Anpak, stated, "Jeon admitted to all the fraud charges after two days of intense investigation and has been actively cooperating with the investigation," adding, "Above all, he repeatedly expressed his apologies to the victims." They also said, "Since victim restitution is the most important, the lawyers will focus on this aspect."

Regarding the possibility of repaying the damages, Jeon's side said, "We will clarify our position if there is an opportunity in the future," but added, "As far as we know, Jeon does not actually possess any assets." On the suspicion of collusion with Nam, they said, "The case under warrant review is unrelated to Nam, and no specific investigation has been conducted on that part yet," but added, "Nam has also stated that she will actively respond to the investigation, including confrontation hearings and lie detector tests, so Jeon will sincerely cooperate with the investigation as well."

Jeon's detention decision is expected to be made late this afternoon.

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