A man in his 20s arrested for embezzling tens of millions from disabled individuals

[Asia Economy Yeongnam Reporting Headquarters, Reporter Ju Cheol-in] A man in his 20s was arrested for using the names of disabled individuals to obtain loans or make small payments in order to fund gambling and entertainment expenses.

On the 9th, Sacheon Police Station in Gyeongnam announced that they had arrested A (28) on charges of fraud and other offenses for borrowing money from disabled individuals and then disappearing.

A is accused of approaching seven mentally and intellectually disabled individuals, including B, who resides in Sacheon, from July last year for about four months, borrowing approximately 20 million won from them, and then disappearing without repayment.

The police confirmed that the victims, including B, borrowed money from loan companies under their names and lent it to A.

A is also charged with defrauding about 48 million won by deceiving them into purchasing items such as vacuum cleaners on their behalf.

The police confirmed that A became acquainted with B while hospitalized at a hospital in Sacheon and was later introduced to other victims through B.

A, who has a prior record of similar offenses, reportedly squandered the money taken from the victims on stocks, gambling, and entertainment expenses.

A police official stated, “We believe there may be more unconfirmed victims and are expanding the investigation.”

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