Thursday, June 30, 2016

CNBLUE Jung Yong Hwa cleared, Lee Jong Hyun fined KRW$20 million.

Few days ago, drastic news came when the media dug out the illegal stock trading regarding CNBLUE member Jung Yong Hwa, but all the matters have been cleared.
Earlier news reported that Yong Hwa purchased a large amount of shares in 2015 after his company FNC Entertainment is intending to contract on the nation's MC Yoo Jae Suk.


The truth has been revealed that Yong Hwa has already purchased the stocks even before Yoo Jae Suk was signed with FNC Ent. He doesn't even know that his company has been discussing to bring Yoo Jae Suk over.
And as a matter of fact, his mother purchased the shares and then he sold off the shares after they come in hand.

But bad luck falls on CNBLUE fellow guitarist Lee Jong Hyun as he purchased some shares after hearing some news on his company is intending to recruit in a big celebrity. The aftermath he realized this is going to be an issue, so he held onto the shares without selling them. So in fact he isn't making any profit at all.

In this case, Jong Hyun will just face a fine and no serious offence.




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