On the 19th, the special prosecutor for Kim Keon-hee summoned former Black Pearl Invest representative Lee Jong-hoo for the second time after his arrest in relation to the 'Deutsch Motors stock manipulation' case.
Former representative Lee arrived at the Ministry of Justice escort vehicle at around 9:33 a.m. at the KT Gwanghwamun Building West in Jongno District, Seoul, where the special prosecutor's office is located.
The special prosecutor is investigating former representative Lee from 10 a.m. on the allegation of violating the attorney-at-law act. He is accused of receiving over 80 million won from Lee Jeong-pil, the main perpetrator of the first stock manipulation of Deutsch Motors, between June 2022 and February 2023, in exchange for promising to assist in receiving a suspended sentence instead of a prison sentence in a criminal trial. Previously, Lee was arrested on the 5th.
Meanwhile, former representative Lee was indicted along with eight others, including former Deutsch Motors Chairman Kwon Oh-soo, for involvement in stock manipulation that occurred from 2009 to 2012, and received a suspended prison sentence from the Supreme Court. In this case, it is reported that former representative Lee led price manipulation with Kwon and others using borrowed-name accounts classified as the second operation period from October 2010 to December 2012. The court determined that three accounts belonging to Mrs. Kim and one account belonging to her mother, Choi Eun-soon, were used in the price manipulation, and former representative Lee was identified as the person managing Mrs. Kim's accounts.