【E】檢, ‘미공개 정보 이용’ 정용화는 혐의없음, 이종현은 2000만원 약식 기소 More Detailed Report
The Prosecutor’s office dropped charges on Jung Yonghwa (27), who was investigated for using undisclosed information to earn profit. But to Lee Jonghyun (26), they concluded summary indictment with 20 million won (~$20,000) fine.
Seoul South Prosecutor’s Office revealed on Thursday that Lee (Jonghyun) and FNC employee’s acquaintance Park (39) are summarily indicted for 20 million won and 40 million won, respectively. But the Prosecutors dropped charges on Jung as the time of purchase was before hearing the undisclosed information.
According to Prosecution, there was news among the agency employees that “We have signed with a popular celebrity and will release it in the morning” in the evening of July 15. Upon hearing this, Lee bought 11,000 shares of the agency right away. When the stock price rose steeply the day after, he sold parts of the shares that he had been owning since January and earned short-term resale profit.
But because the profit amount is not high and he still attains some of the shares, as well as considering the agency’s continued recommendation to purchase stocks, the prosecution decided on a summary indictment. During the investigation, Lee admitted to all charges and expressed his regret.
In regards to Jung Yonghwa who was in the middle of the controversy, the Prosecution explained, “because the timing of purchase was around July 9, it was determined to have been bought before obtaining the undisclosed information.” Park, who was investigated on the same charge, was summarily indicted for 40 million won. Agency employee Lee (26) had only small profit, thus received nonindictment.
http://news.heraldcorp.com/view.php?ud=20160630001083
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Thank you very much for more true come out. FNC always treated Yonghwa like a sxxt since 2013 the drama quit. TY for your consecutive 2 days translation ^^
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heich님 항상 제일 정확한 번역을 해주셔서 감사합니다. 이 뉴스가 트위터는 물론 특히 중국에 빨리 알려져서 YH에 대한 오해가 조금이든 많이든
풀렸으면 하는 마음이 간절해요. YH를 생각하면 마음이 너무 아파서 아무것도 손에 잡히지 않네요. 다시한번 감사드려요. -
I read many of the news reports online, and all mention JH did not sell the share he bought with insider information. I can understand some are flawed because they take fnc statement as their source of info. However, there is this report (link: http://kpopherald.koreaherald.com/view.php?ud=201607011506415684771_2) by Son Ji-hyoung (json@heraldcorp.com) that says "In contrast to Jung’s case, the Prosecutors’ Office said Lee, the guitarist of CNBLUE, obtained the information of Yu Jae-seok contract a day before the announcement from another staff of his agency and bought shares in it. Lee didn’t sell stocks after the surge in stock price, but the staffer sold his shares, the Prosecutors’ Office added." Could you help to email the reporter to check? I am really fed-up with news report ... Thanks.
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I just sent it. Not sure if he/she will change, but let's cross our fingers.
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Thanks. It's really disturbing that I haven't seen an online English media report that present correctly and properly the investigation results per the prosecutor's statement.
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There aren't many in Korean either, and they are also not viewed as much. No wonder. Journalism is dead. Just copy & paste of press releases...
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* To the previous comment moderated:
It's not proper news, just cable junk news.
Let's not spread this, even here.
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Ok noted. I wish we can do something for him, but I suppose we will need to wait patiently for him.
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All in all it is a mess and Yonghwa ended of course not quilt, but with a damaging reputation! I don't think such "popularity" is good for him, even he is in almost every site. He is in Prague, which is really a good period for him to be outside and more than that, Prague is beautiful. I hope he is enjoying his time there and not fill all the stress related to this!
용화가 '주식을 팔지 않고 손해만 본' 타멤버에게 독박을 씌웠다는 억측은 잘못된 것이죠. 팔지 않았으면 검찰이 벌금형을 왜 내렸을까요? 400만원 차익 본 관계자도 불기소 받았는데. 제발, 거짓을 퍼트리는 짓은 그만두시길. 정용화는 가만히 있다가 온갖 마녀사냥을 당하고 있는데, 독박은 누가 씁니까?
It's a total lie that Yonghwa threw JH under the bus when "he didn't sell and only held losses." If he didn't sell any, the prosecution would not have fined him. An acquaintance who made 4 million won received nonindictment. STOP THE DAMN LIES. It's Yonghwa who didn't do anything regarding the transaction and became the target the witch hunt. WHO's REALLY THROWN UNDER THE BUS?