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Korean Prosecutors Seek 20-Year Sentence for Former Delio CEO

2026-05-02 20:36:38

Abstract generation in progress

Korean prosecutors asked the Seoul Southern District Court to sentence former Delio CEO Jeong Sang-ho to 20 years in prison on large-scale economic fraud charges. Prosecutors said about 2,800 investors had funds locked and faced withdrawal difficulties after long-term deception and false advertising.

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