Kim Geon-hee Special Prosecutor, 'Deutsche Stock Manipulation' Lee Jong-ho Search and Summons Notice

[Financial News] The special prosecutor team led by Min Jung-gi investigating the allegations against Mrs. Kim Geon-hee conducted a search and seizure of former Black Pearl Invest CEO Lee Jong-ho on the 19th and notified him of a summons for next week.
The special prosecutor team searched Lee's home and vehicle in Seongnam, Gyeonggi Province, on the morning of the day and secured one mobile phone. Additionally, they notified him to appear on the 21st at 10 a.m. as a suspect for questioning. The search and seizure warrant specified charges of violating the Attorney-at-Law Act.
The core of the case is that Lee received 81 million won from Lee Jeong-pil, known as the main player in the first stock manipulation of Deutsche Motors and the account manager for Mrs. Kim, from June 2022 to February 2023 over 25 occasions, and helped him receive a suspended sentence. The special prosecutor team explained that they became aware of this charge during the additional investigation of the Deutsche Motors stock manipulation case.
Lee was also searched by the special prosecutor team for the Marine Corps on the 10th. After his mobile phone was seized at that time, he acquired a new device, which was seized by the Kim Geon-hee special prosecutor team on the day. It is known that Lee maintains that he never received money from Mr. Lee.
Meanwhile, Lee is considered the 'control tower' of the Deutsche Motors stock manipulation case, which is the main focus of the Kim Geon-hee special prosecutor team. The special prosecutor team is expected to intensively question Lee about the substance of the allegations and Mrs. Kim's involvement based on the analysis of the seized items.

scottchoi15@fnnews.com Choi Eun-sol Reporter