Embezzlement at Every Transferring Company, Accountant Diverts 900 Million Won... Sentenced to 6 Years in Prison

[Asia Economy Reporter Baek Kyunghwan] An accounting clerk who embezzled 900 million won over about three years while moving between companies was brought to trial and sentenced to imprisonment.

On the 21st, according to the legal community, Judge Park Seol-ah of the Seoul Central District Court Criminal Division 24 sentenced Shin Mo (29, female), who was indicted on charges of embezzlement in the course of business, forgery of private documents, and use of forged private documents, to six years in prison.

From July 2018 to March of this year, Shin was prosecuted on charges of embezzling a total of about 920 million won by withdrawing company funds in cash or transferring them to her own account while working as an accounting clerk at six small and medium-sized enterprises and one incorporated association.

Shin committed the crimes while moving between companies every few months, and the embezzled amount per company or association reached up to about 380 million won at one place. In particular, even after being indicted without detention in October 2019 on embezzlement charges, she did not stop the crimes. While on trial without detention, Shin continued the crimes, was indicted three more times for embezzlement, and was eventually detained during the trial after an arrest warrant was issued.

The court pointed out, "The defendant committed embezzlement in 2016 and was punished with a fine, yet committed embezzlement again, and continued the crimes during investigation and trial," adding, "The nature of the crimes is very serious."

Meanwhile, Shin is also charged with forgery of private documents and use of forged private documents for directly drafting a power of attorney in the name of the company CEO, stamping the corporate seal, submitting it to the bank, and obtaining a bankbook and one-time password (OTP).

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