South Korea Indicts Ex-First Lady For Bribery, Stock Manipulation

Benzinga

South Korea indicted former first lady Kim Keon Hee on Friday on charges of bribery and market manipulation, according to CNBC. Authorities allege she amassed more than $720,000 in illicit proceeds, including from a 2010 to 2012 stock manipulation scheme. Kim is married to ex-president Yoon Suk Yeol, who was impeached and arrested over his December 2024 martial law attempt. Yoon faces insurrection charges carrying a possible death sentence. Kim is also accused of conspiring with Yoon to receive 270 million won worth of opinion polls data for free and taking 80 million won in bribes from the Unification Church in 2022.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:03South Korea indicted former First Lady Kim Ki-yeon-hee on Friday

00:06on charges of bribery and market manipulation, according to CNBC.

00:10Authorities allege she amassed more than $720,000 in illicit proceeds,

00:15including from a 2010 to 2012 stock manipulation scheme.

00:20Kim is married to ex-president Yoon Suk-yeol,

00:23who was impeached and arrested over his December 2024 martial law attempt.

00:28Yoon faces insurrection charges carrying a possible death sentence.

00:32Kim is also accused of conspiring with Yoon to receive $270,000,001 worth of opinion polls data for free

00:38and taking $80,000,001 in bribes from the Unification Church in 2022.

00:43For all things money, visit Benzinga.com.

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