CNBLUE’s Yonghwa Cleared Of Insider Trading Fees After Allegedly Blaming His Own Mom For Misbehavior

CNBLUE’s Yonghwa Cleared Of Insider Trading Fees After Allegedly Blaming His Own Mom For Misbehavior

836stocksShare on FacebookShare on Twitter Enthusiasts accept voiced out their sadness in CNBLUE Yonghwa after the explanation why he used to be cleared from insider trading feesturned into revealed.

On June 29th, it was disclosed that Yonghwa, who was summoned to partake in an investigation relating to his alleged unlawful insider trading, were cleared of the charges.

During the investigation, it was printed that Yonghwas funds are controlledby way of his mom and she, in actuality, was the one that had made the initial inventoryacquire of approximately 400 million won without his wisdom on July 8th and 9th in 2015. Handiest when Yoo Jae Suk was officially announced to have joined FNC Entertainment did Yonghwa make a selection to sell one of the most stocks, making two hundred million won in benefit equally a result.

After revealing this to the media, FNC Entertainment adds that Yonghwa was being a filial son.

However, netizens are shaking their heads in disappointment after the explanation why he was cleared was shared by the agency, commenting that Yonghwa had shielded himself in the back of his mother to keep away from getting charged. They left comments like, The filial son hiding in the back of his mother, Are you ready toagree with this? The filial son kekeke Oh actually ke, Lee Jonghyun is better and more.

Yonghwas band mate and CNBLUE member Lee Jonghyun was fined 20 million won after an investigation as well. The investigation revealed that whilst Jonghyun was mindful from an acquaintance that somebody of importancemay be joining his agency, he bought stock without confirming if it had been officially announced. After knowing this, he held directly to the stocks, costing him money. On account of this, he was only fined.

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