Jeon Cheong-jo, who impersonated a third-generation chaebol, was sentenced to 12 years in prison in the first trial...
2024-02-15 09:11:03
Confiscation of luxury bag gifted by Nam Hyun-hee
Jeon Cheong-jo (28), who impersonated a third-generation chaebol and defrauded investors of 3 billion won, was sentenced to 12 years in prison.
In addition, he ordered the confiscation of the luxury bag that Jeon had purchased with the proceeds of her crime and gifted to Nam Hyun-hee.
Mr. Jeon appeared on Channel A's 'News A' in October last year and admitted to the fraud charges, claiming that he used all of the illegally obtained money to return Nam Hyun-hee's loan, gifts, and family pocket money.
Nam Hyun-hee is currently pointed out as an accomplice of the former Qing Dynasty and is being investigated by the Songpa Police Station in Seoul on charges of aiding and abetting fraud. She is pleading her innocence, saying that she is the biggest victim.