Jeoncheongjo, Admits All Charges in First Trial... Some Exaggerated
Jeon Cheong-jo (27), who was arrested and indicted on charges of fraud involving 3 billion KRW, admitted to all charges at the first trial.
At the first hearing held on the 22nd at the Seoul Eastern District Court Criminal Division 11 (Presiding Judge Kim Byung-chul), Jeon's defense attorney stated, "We admit to all the charges."
Jeon was prosecuted on charges of fraud under the Act on the Aggravated Punishment of Specific Economic Crimes, forgery of official documents and use of forged official documents, and forgery of private documents and use of forged private documents.
Jeon's defense attorney argued, "Numerous speculative claims posted on the media, YouTube, and other online forums are mixed as if they were facts," adding, "The defendant's crimes have been exaggerated due to some exaggerated media reports and false YouTube content."
He continued, "While the defendant should be punished for his actions, we earnestly hope that it does not extend beyond his actual crimes."
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Meanwhile, at the same trial, the first hearing of Lee (26), an accomplice who served as Jeon's security chief, was also held. Lee stated, "Although it is a matter for the court to decide, there are clear errors," and "We need to verify deposit records and other details further," denying the charges.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.