Yonghwa is reportedly not the only CNBLUE member who participated in insider trading using FNC stock.
According to prosecution, Yonghwa had used insider information to purchase 21,000 FNC shares at a low price to later sell them at a much inflated value.
SEE ALSO: Actress Kim Bo Ra reaches a divorce settlement with film director Jo Ba Reun
Currently, prosecution is investigating 1~2 others for similar charges, and allegedly, one of them is another CNBLUE member.
FNC had released a statement regarding this incident, saying, "It's hard to comment on a case that is currently being investigated outside the court of law. Once investigations are over, we will reveal any details."
SHARE
SHARE
Log in to comment