Arrest Warrant Issued for Skin&Skin Chairman in 'Optimus Fraud' Case... "Flight Risk" (2nd Report)

[Image source=Yonhap News]

[Asia Economy Reporter Seongpil Cho] A detention warrant was issued on the 23rd for Lee Mo, chairman of Skin&Skin, a cosmetics company, who is accused of participating in the Optimus Asset Management fund fraud.

Kim Donghyun, the chief judge in charge of warrants at the Seoul Central District Court, issued the detention warrant requested by the prosecution on the same day in the afternoon on charges including violation of the Act on the Aggravated Punishment of Specific Economic Crimes (embezzlement). Judge Kim stated the reason for issuing the warrant, saying, "The criminal charges have been substantiated and the case is considered serious."

Chairman Lee did not attend the pre-arrest suspect interrogation (warrant review) held on the 19th at the Seoul Central District Court. Only Lee Mo, his younger brother and company director, participated in the warrant review. The court judged that Chairman Lee had fled, canceled the warrant review, and reportedly issued the warrant without interrogation.

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