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FSS special investigators refer 7 suspects in front-running scheme using stock highlight articles

South Korea\'s Financial Supervisory Service special judicial police said it uncovered two cases of illegal trading using stock highlight articles and referred seven suspects to prosecutors for alleged capital markets law violations. The suspects are accused of buying shares before articles were published and selling shortly after publication to make illicit gains. Two suspects, including a certified public accountant alleged to have led a stock manipulation ring and a working reporter, were arrested on June 9.

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