Chung Kyung-shim, a professor at Dongyang University, the spouse of former Justice Minister Cho Kuk, who was accused of corruption in the child's entrance exam and private equity funds, was found guilty of the charges of corruption in the entrance examination and was sentenced to prison in the appeals trial following the first trial.



The Seoul High Court's Criminal Division 1-2 (Chief Judge Eom Sang-pil Shimdam Lee Seung-ryun) sentenced Professor Jeong, who was charged with a total of 15 charges, including obstruction of business, use of forged documents, and violation of the Capital Market Act, to 4 years in prison as in the first trial. sentenced.



However, unlike the first trial, which sentenced a fine of 500 million won and a fine of 140 million won, the appeals court reduced the fine to 50 million won and a fine of 10 million won.



Similar to the first trial, the court found Prof. Chung guilty of all charges of corruption in the children's entrance examination, noting that "it interfered with the admissions process of educational institutions and seriously undermined our society's trust in the fairness of the entrance examination system."



He also pointed out, "During the trial, the defendant clouded the essence of the crime, saying that it was a problem with the entrance exam system itself, and transferred the responsibility to those who wrote a confirmation letter that was different from the facts in good faith for the defendant's family."



The court emphasized, "The charge of trading stocks using undisclosed information is a serious crime that undermines the transparency and fairness of the market and poses a risk of property loss for investors participating in the stock market, regardless of whether or not they have made a profit."



Like the first trial, the court of appeals judged all of the so-called '7 major specifications' of daughter Jo Min to be false, and found Professor Jung guilty of all related charges (obstruction of business, etc.).



He was also found guilty of receiving subsidies by falsely registering Cho as a research assistant at Dongyang University (violation of the Fraud and Subsidy Management Act).



Among the investment-related charges of Professor Jung, the charge of trading stocks with a borrowed-name account (violation of the Real Name Financial Act) was found guilty in the first trial.



For the charge of profiting from obtaining undisclosed information related to WFM, a secondary battery maker, in advance (violation of the Capital Market Act), only a portion of the total amount found guilty in the first trial was found guilty, while the rest were overturned.



In the first trial, only 20,000 of the stocks and 120,000 real stocks that Professor Jung purchased were found not guilty.



The court said, "They stated that they were not guilty because they knew undisclosed information and that it could not be regarded as an investment. In addition



, unlike the first trial, the charge of having Kim Kyung-rok, an asset manager, to hide documents from Dongyang University's office (teacher of concealing evidence) was found guilty.



doubts surrounding the tablet professor was punctuated later trillion former minister in August 2019 that pointed to the Attorney-year, prosecutors cleared a year late Chung Professor same year launched a massive investigation to trial.



Chung Professor which was initially constrained prosecution 1 dwaetgo been sentenced to prison since I nateu released to the detention period expires in Siem restraint in court, appellate court also received a trial remains constrained.



the positive Professor gotta additional accused, including admissions scandal about his son with Joe former minister now The first trial is in progress at the Seoul Central District Court



(Photo=Yonhap News)