Yang Hyun Suk is sentenced fine for illegal gambling case
Yang Hyun Suk is sentenced fine for illegal gambling case. Yang Hyun Suk is the founder and the former CEO of YG Entertainment.
On the morning of the 27th, the 9th criminal exclusive (Judge Park Soo Hyun) held a trial for the first trial and sentenced both former representatives who were charged with gambling in this way.
The judge said, “The defendants committed crimes at overseas gambling houses over a long period of 4 years, and the gambling fund was also a huge sum of over 400 million won,” said the judge. “Because the gambling act is not only a departure from individuals, it is severely impeding social consciousness and good manners. They need to be punished. In addition, the accused’s actions had a negative effect on the general public and adolescents.”
However, he explained the reason for the sentence, saying, “The defendants admitted their faults and were committed to preventing recidivism and that they were first offenders without similar history.“
Kim Mo (37) and Lee Mo (41), both of YG subsidiary YGX co-CEOs who were handed over to trial along with former CEO Yang, were also fined 15 million won, and Geum, 48, fined 10 million won.
Yang Hyun Suk is sentenced fine for illegal gambling case. Former CEO Yang was in Las Vegas casinos in the U.S. 7 times from July 2015 to January 2019 on charges of gambling a total of $335,000,460 (approximately 382 million won) with other parties.
Previously, the police who investigated Yang‘s former representative sent a prosecution opinion on the charges of habitual gambling and sent it to the prosecution, but the prosecutors briefly charged the charges for gambling rather than habitual gambling. However, the court in charge of the case referred to a formal trial in July.
At the decision trial held on the 28th of last month, the prosecution asked the two former representatives for a fine of 10 million won, saying, “There is no history of the same kind, but considering the number of gambling, amount of gambling, a period of crime, social status, etc.” There is a bar.
In the final statement, Yang said, “I apologize for the concern for all of you due to my non-examination. I am seriously and seriously reflecting on this matter. I will not repeat the same mistake again,” he appealed for a sanction.
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