Crime List Released... "Jeoncheongjo Defrauded 2.8 Billion Won in 8 Months"

YouTuber, Crime List Sent to Victims Revealed
Profits Mainly Transferred to Mother and Security Chief's Accounts

It has been alleged that Jeon Cheong-jo, the boyfriend of national fencing athlete Nam Hyun-hee, defrauded 2.8 billion won over the past eight months.

On the 25th, Lee Jin-ho, a former entertainment reporter turned YouTuber, revealed Jeon Cheong-jo's list of crimes on his YouTube channel 'Entertainment President Lee Jin-ho.'

A list of crimes by Jeon Cheong-jo revealed by a YouTuber. [Photo by YouTube]

Lee Jin-ho, while disclosing the list, stated, "Jeon Cheong-jo defrauded a huge amount totaling 2,845,130,000 won in just eight months," adding, "The amount does not even reflect the period from his release last year until January of this year. He scammed over 2.8 billion won in only eight months."

The crime list revealed by Lee Jin-ho was sent to victims and details the frauds committed by Jeon Cheong-jo and the amounts involved from February to September of this year.

The victims were lured by Jeon Cheong-jo's various investment solicitations, handing over amounts ranging from a few million won to tens of millions of won. The crime list also included fraud descriptions such as 'overseas unlisted stock investment solicitation,' 'app development company investment solicitation,' 'overseas app development company investment solicitation,' 'marriage fraud,' and 'casino business investment solicitation,' which Jeon Cheong-jo used to request money from victims.

Lee Jin-ho said, "Jeon Cheong-jo's methods of fraud were very diverse," and added, "Most of the profits were transferred through the account of Mr. Lee, known as Jeon Cheong-jo's security team leader. We also confirmed traces of money moving through Jeon Cheong-jo's mother's account."

He continued, "Jeon Cheong-jo directly managed these accounts," explaining, "These accounts were ultimately used for criminal activities. It will be difficult for the account holders to avoid legal punishment."

Jeon Cheong-jo was arrested on the 3rd following a court-issued arrest warrant and was handed over to the prosecution on the 10th on charges of fraud under the Act on the Aggravated Punishment of Specific Economic Crimes. The Seoul Eastern District Prosecutors' Office plans to indict Jeon Cheong-jo by the 29th, when his detention period expires.