Prosecutors have indicted 16 people per day for "manipulating stock prices at Youngpoong Paper."

Reporter Paul Lee / approved : 2024-02-15 03:51:00
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[Alpha Biz=(Chicago) Reporter Paul Lee] Hwang Woo-jin, a human rights protection officer and public information officer at the Seoul Southern District Prosecutors' Office, gives a briefing on the interim investigation into the stock price manipulation case of Youngpoong Paper at the Southern District Prosecutors' Office in Yangcheon-gu, Seoul, on the morning of the 14th.

The prosecution wrapped up its investigation into the "Yeongpoong Paper stock price manipulation case" by handing over 16 people, including Lee, the head of the organization, and members of the organization, who manipulated the stock price of "Yeongpoong Paper."

The total amount of unfair gains earned from stock price manipulation is 661.6 billion won, the largest ever for a single item. There are more than 227,400 market price control orders they put in.

 

Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)

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