‘SG발 주가조작’ 라덕연 징역 25년 선고, 폭락 사태의 진실 / 2025.02.13
Source: NAVER Search Image /May be irrelevant to content / Search Keywords: SG Securities, Financial Crime, Deokyeon Ra, Criminal Proceeds Recovery, Court, Fraud, SG Securities
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‘SG stock price manipulation’ Ra Deok-yeon sentenced to 25 years in prison, the truth behind the crash
Hello, everyone. Today, I'd like to talk about an important court decision that was recently announced. Mr. Ra Deok-yeon, the mastermind of the ‘SG Val stock price manipulation’ case, has been sentenced to 25 years in prison. This case is not just a fraud case, but a large-scale market manipulation case that is unprecedented in the history of the Korean stock market.
Incident triggers
The case stemmed from the issuance of Societe Generale (SG) securities, which caused the stock price to plummet in 2021, resulting in massive losses for many investors. In the process, Mr. Ra controlled multiple stocks and repeatedly sold and overbought them at similar times, resulting in hundreds of billions of won in ill-gotten gains.
Court decisions
The court sentenced Ra Deok-yeon to 25 years in prison, a fine of KRW146.5 billion, and a total of KRW194.4 billion in restitution. The court emphasized that the crimes were organized and premeditated, and the court deemed the gravity of the offense to be very poor, using the phrase "unprecedented large-scale market manipulation" to emphasize the gravity of the case.
Source: NAVER Search Image /May be irrelevant to content / Search Keywords: SG Securities, Financial Crime, Deokyeon Ra, Criminal Proceeds Recovery, Court, Fraud, SG Securities
Communicating with victims
Investors who were victimized by Mr. Ra's crimes have begun to take legal action to recover their losses. They are asking financial authorities to investigate the truth and to take legal action to recover Mr. Ra's assets. Questions are being raised, such as ‘Will we ever get this money back;’, ‘How will we be compensated for our investment losses;’
Finalize
This is not just a case of stock price manipulation, but a complex financial mechanism and a large-scale crime. Many investors have lost their hard-earned assets, and trust in the financial markets has been greatly undermined. We need to get to the bottom of this case and discuss legal mechanisms to prevent it from happening again.
What will it take to prevent this kind of large-scale financial crime from happening again? We hope this will inspire more people to recognize the dangers of financial crime and take steps to protect themselves.
Three-line summary
- Mr. Ra was sentenced to 25 years in prison for his role in the ‘SG stock price manipulation’ case.
- The court characterized the case as ‘unprecedented large-scale market manipulation’.
- Investors are taking legal action to recover damages.
Image Prompt:
A courtroom scene featuring a gavel, legal books, and charts depicting stock market decline, emphasizing financial crime.
Original Post: https://aicraft.life/sg%eb%b0%9c-%ec%a3%bc%ea%b0%80%ec%a1%b0%ec%9e%91-%eb%9d%bc%eb%8d%95%ec%97%b0-%ec%a7%95%ec%97%ad-25%eb%85%84-%ec%84%a0%ea%b3%a0-%ed%8f%ad%eb%9d%bd-%ec%82%ac%ed%83%9c%ec%9d%98-%ec%a7%84%ec%8b%a4/
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