Lee Jong-ho, former representative of Black Pearl Invest, did not respond to the second summons investigation by the special prosecutor related to the 'Deutsch Motors stock manipulation' case. Lee was scheduled to appear at 10 a.m. on the 22nd but conveyed his intention not to appear to the special prosecutor that morning.
The special prosecutor announced in a notice sent to reporters that morning that 'the suspect Lee Jong-ho, who was scheduled to be summoned today, informed by phone that he would not comply with the summons.'
In response, the special prosecutor stated, 'The suspect Lee Jong-ho was again notified to appear tomorrow (23rd) at 10 a.m.'
Lee is the individual who played the 'control tower' role in the Deutsch Motors stock manipulation case, which is a key target of the special prosecutor's investigation.
Identified as a close aide to Kim Keon-hee, he has been indicted along with eight others, including former Deutsch Motors Chairman Kwon Oh-soo, on charges of participating in the stock manipulation that occurred from 2009 to 2012, with a suspended prison sentence confirmed by the Supreme Court.
In this case, it has been revealed that Lee used borrowed name accounts to lead the market manipulation along with former Chairman Kwon during the second operation period classified as October 2010 to December 2012. The court determined that three accounts belonging to Kim and one account belonging to Kim's mother, Choi Eun-soon, were mobilized for the market manipulation, identifying Lee as the individual managing Kim's accounts.