A 20-Year-Old Sentenced to 3 Years in Prison for Embezzling 700 Million Won from Disability Welfare Funds and Squandering It on Gambling

[Image source=Yonhap News]

[Asia Economy Intern Reporter Kim Yeon-ju] A man in his 20s who embezzled 700 million won from a welfare association for the disabled and spent over 500 million won on gambling funds was sentenced to prison.

The Cheongju District Court Criminal Division 11 (Presiding Judge Jo Hyung-woo) announced on the 26th that A (27), who was arrested and indicted on charges of violating the Act on the Aggravated Punishment of Specific Economic Crimes (embezzlement), was sentenced to three years in prison.

The court stated, "The defendant embezzled welfare association funds and squandered 570 million won on purchasing game money for online gambling."

It added, "The motive and method indicate a serious nature of the crime, and the damage has not yet been recovered. However, considering that the defendant shows remorse and has no prior criminal record other than fines, the sentence was determined comprehensively."

A was charged with embezzling approximately 750 million won from the welfare association over 432 instances while working as the head of a rehabilitation factory affiliated with a welfare association for the disabled from mid-2018 to early this year.

It is known that A spent 570 million won of this amount on purchasing game money necessary for online gambling and on personal expenses such as living costs.

A reportedly appealed the verdict.

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