First Lady Kim Keon-hee Sentenced to 4 Years in Prison on Appeal for Deutsch Motors Stock Manipulation

First Lady Kim Keon-hee has been sentenced to 4 years in prison in the appellate trial for charges of Deutsch Motors stock manipulation and bribery related to the Unification Church. On the 28th, the Seoul High Court sentenced Ms. Kim to 4 years in prison and a fine of 50 million won, ordering the confiscation of one necklace and an approximate 20 million won in surcharges.

The court found Ms. Kim guilty on some stock manipulation charges that were deemed not guilty in the first trial, judging that she participated in providing a securities account and entrusting stock transactions in 2010, and in selling stocks during that period to manipulate market prices.

The charge of violating the Political Funds Act related to the 'Myung Tae-gyun Public Opinion Poll' was found not guilty, consistent with the first trial.