Stock Market Vulture Case Reheard for the Fifth Time in Higher Court; Li Jincheng Sentenced to 4 Years and 5 Months in Prison

कीवर्ड: Stock Market Vulture Case, Li Jincheng, Embezzlement, Electronic Surveillance, Financial Supervisory Commission, Lin Mingda, Ministry of Justice, Anti-Corruption Act, Prosecutor, Leak of Secrets
Li Jincheng, the former head of the Financial Supervisory Commission's Financial Inspection Bureau, was involved in the stock market vulture case. The Higher Court announced the fifth retrial verdict on the 5th, sentencing Li Jincheng to 4 years and 5 months in prison for the crime of embezzlement, and the verdict can be appealed. In addition, the judge ruled on the spot that Li Jincheng needs to be under electronic surveillance. From August 4th of this year to August 5th, 2026, he must be monitored using an electronic wristband technology, carry a personal phone, and regularly take photos of his face every day, which will be simultaneously sent to the technology monitoring center for check-in. Li Jincheng once served as a prosecutor at the Higher Prosecutors' Office of Taiwan. He is accused of leaking internal information about the planned search of Jin Yong Company by the prosecution to his patron Lin Mingda, allowing him to short-sell Jin Yong stocks for profit. He is also accused of leaking information from the Investigation Bureau of the Ministry of Justice regarding the audit of Jin Yong's funds for media reports, causing Jin Yong's stock price to drop.