Shin Invested Hundreds of Millions of Won in Stocks

Shin Jeong-ah reportedly invested huge money into the stock market.

According to sources of securities business on September 14, Shin opened four accounts at S securities company.

It is reported that Shin has 140 million to 200 million won in her accounts, which is more than her debt, and total transaction amount was hundreds of millions of won last year.

Though S securities company said, “Due to laws regarding real name systems in transactions and security, we cannot say anything about a person’s account, transaction record or balance,” it did not deny the fact that she had transactions with the company.

An insider of the securities business explained that, “Though a person with bad credit is restricted to deal futures and credit, they can open a stock account and there is no restriction on them to transact in stock markets.”

After Shin was indebted to the Seodaemun Tax Service for 104 million won, she got permission from the Seoul Central District Court to restore her credit and has paid 1.8 million won back monthly since last March.

swon@donga.com