Depository KOSCOM Undergoes Prosecutor's Search Related to Optimus Asset Management

[Asia Economy Reporter Minji Lee] The Korea Securities Depository, the fund administrator of Optimus Asset Management's public enterprise accounts receivable fund, was subjected to a prosecutorial search and seizure in connection with the fund management fraud.

According to the financial investment industry on the 25th, at 10 a.m. that day, the Seoul Central District Prosecutors' Office reportedly conducted a search and seizure of the Korea Securities Depository. The prosecution appears to have expanded the scope of investigation to include the Korea Securities Depository, which prepared the asset statements of the problematic fund related to the fund management fraud case.

The Depository is known to have recorded accounts receivable from public enterprise C instead of bonds from unlisted companies A and B, which were actually acquired under the consignment of Optimus Asset Management, in the fund statements. The sales company stated that it guided and sold the fund to investors as a fund containing public enterprise accounts receivable based on the fund statements prepared by the Depository.

Earlier, the prosecution also announced, "Regarding the case for which the Financial Supervisory Service requested an investigation, search and seizure warrants were executed on 14 places including Optimus Asset Management from the 24th to the 25th."

Optimus Asset Management is suspected of raising thousands of billions of won from investors by claiming to invest in public institution accounts receivable, but in reality, forging documents and investing in loan companies and insolvent businesses.

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