SG Securities Controversy and the Involvement of Lim Chang-jung
The controversy surrounding the SG Securities stock price manipulation case has drawn attention to the relationship between singer and actor Lim Chang-jung and Ra Deok-yeon, the head of H Investment Advisory. While Lim claims to be a victim in this case, allegations have surfaced that he may have participated in stock price manipulation. Ra, on the other hand, has denied using celebrities to solicit investments and has denied any involvement in stock price manipulation. The joint investigation team of prosecutors and financial authorities is currently investigating the case, and witnesses who invested large amounts of money may also face charges if found to have been aware of illegal activities.
7-Eleven's Decision to Keep Selling "Soju Hanjan"
Convenience store chain 7-Eleven has decided to continue selling the "Soju Hanjan" product despite Lim Chang-jung's involvement in the stock price manipulation case. Some experts have pointed out that this decision could negatively impact 7-Eleven's brand image. However, 7-Eleven has stated that it will wait for the results of the investigation before taking any further action. "Soju Hanjan" has been a box office success since its launch in February, with sales growth rate for distilled soju increasing significantly.
Lim Chang-jung's Involvement in the Stock Price Manipulation Case
Lim Chang-jung has been accused of investing KRW 3 billion in the manipulators of the SG Securities stock price manipulation case and suffering losses as a result. The controversy arose when Lim was seen attending a "trillionaire party" hosted by Ra Deok-yeon, raising suspicions that he may have participated in stock price manipulation. Lim has denied any involvement in the case and has claimed to be a victim. However, his image may be negatively impacted by the ongoing investigation.
data-ke-size="size23">Lim Chang-jeong, stock price manipulation, and 7-Eleven's dilemma
The controversy surrounding the SG Securities stock price manipulation case has centered on the relationship between singer and actress Lim Chang-jeong and H Investment Advisory CEO Ra Deok-yeon. Lim claims to be a victim, but controversy has arisen over her possible involvement in the manipulation. Mr. Ra, on the other hand, has denied allegations that he used celebrities to induce investment or was involved in stock price manipulation. A joint investigation team of prosecutors and financial authorities is looking into the case, and witnesses who invested large sums of money may also be subject to further investigation if they were aware of any illegal activity.
data-ke-size="size23"> 7-Eleven's response to the "soju cup" sale
7-Eleven has announced that it will continue to sell "Soju Hanzhan" in the wake of the Lim Changzheng stock price manipulation scandal. Some experts have pointed out that this could have a negative impact on 7-Eleven's brand image. However, 7-Eleven has stated that it will not take any action pending the outcome of the investigation. Sales of "Soju Hanzhan" have been growing since its launch in February, and it is the number one seller in the distilled spirits category.
data-ke-size="size23">Relating to Lim Changzheng's stock price manipulation case
Lim Chang-jeong reportedly invested 3 billion won with manipulators in the SG Securities stock price manipulation case and suffered losses as a result. The controversy stems from Lim's attendance at an "early bird party" hosted by La Deok-yeon, who is suspected of being involved in stock price manipulation. Lim Changzheng denies any involvement in this and claims to be a victim, but his image is likely to be negatively perceived due to the unfinished investigation.
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