40s Man Who Embezzled 90 Million Won by Manipulating Used Car Mileage Sentenced to 1 Year in Prison

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[Asia Economy Reporter Kim Ga-yeon] A man in his 40s who embezzled tens of millions of won by manipulating the mileage of used cars to inflate the vehicle price was sentenced to prison.

The Suwon District Court Criminal Division 4 (Judge Kim Doo-hong) announced on the 20th that A (47), who was tried on charges of fraud, was sentenced to one year in prison.

The court stated the sentencing reasons, saying, "The amount of damage caused by this crime is close to 100 million won, and no compensation has been made so far. The defendant disappeared after the conclusion of the trial, causing a long delay in the proceedings, which is also unfavorable post-crime behavior."

A was previously prosecuted on charges of embezzling tens of millions of won by purchasing used cars with funds borrowed from the company representative B while working as a sales clerk at a used car dealership in Suwon, Gyeonggi Province, in 2017, then lowering the mileage and reselling the vehicles.

Investigations confirmed that A committed the crime by exploiting the fact that B paid the vehicle price based on mileage and model year.

A manipulated the mileage of a passenger car from approximately 198,000 km to about 47,000 km, then deceived B by saying, "I plan to purchase it for 20 million won. If you send the money, I will sell the car and repay you," and used the same method to embezzle about 90 million won in total over three occasions.

This content was produced with the assistance of AI translation services.