On the 22nd, the special prosecutor's office charged Kim Keon-hee and arrested Lee Jong-ho, the former head of Black Pearl Invest, on charges of violating the Attorney-at-Law Act.
The special prosecutor's office noted at an afternoon media briefing that "today (22nd), the suspect Lee Jong-ho was detained and charged with violating the Attorney-at-Law Act."
Lee, the former head, is accused of receiving about 80 million won from Lee Jeong-pil, the main suspect in the first stock price manipulation case of Deutsch Motors, during 25 instances from June 2022 to February 2023, and of saying he would help ensure that Lee received a suspended sentence instead of prison time in the criminal trial. Earlier, Lee was arrested on the 5th.
Lee, the former head, was indicted along with 8 others, including Kwon Oh-soo, the former chairman of Deutsch Motors, on charges of being involved in the stock price manipulation of Deutsch Motors that occurred from 2009 to 2012, and he received a suspended prison sentence confirmed by the Supreme Court.
In this case, Lee is known to have led the price manipulation using borrowed accounts during the second operation period classified from October 2010 to December 2012, along with Kwon and others. The court ruled that three accounts belonging to Mrs. Kim and one account belonging to her mother, Choi Eun-soon, were used for the price manipulation, and Lee was identified as the individual who managed Mrs. Kim's accounts.
Meanwhile, the special prosecutor's office summoned Lee the day before to investigate him as a witness related to the stock price manipulation case of Deutsch Motors.
He is also identified as a key figure in scandals related to stock price manipulation involving SAMBU Construction, which is suspected of having connections with Mrs. Kim, and the Chae Sang-byeong death incident regarding the lobbying for the acquittal of Im Seong-geun.
Accordingly, there is a possibility that Lee will be summoned for additional investigation even after the indictment.