An appellate court on Tuesday reduced the former head of an investment consulting firm to eight years in prison for his role in a massive stock manipulation scheme that reaped 730 billion won in ill-gotten gains.
The Seoul High Court ruled that Chey Tae-won must pay his estranged wife, Roh Soh-yeong, around 36 percent of his fortune in their bitter divorce settlement case.
Korea JoongAng Daily Sitemap
