'200 Billion Embezzlement' Ostem Implant Employee's Father Found Dead in Paju (Comprehensive)

An Ostem Implant employee, Lee Mo (45), who is accused of embezzling company funds amounting to 200 billion won, is entering the Seoul Gangseo Police Station on the morning of the 6th. [Yonhap News]

[Asia Economy Reporter Ra Young-cheol] The father (69) of Lee Mo (45), the finance team leader of Osstem Implant who was arrested on charges of embezzling 221.5 billion won of company funds, was found dead in Paju on the 11th.

According to the Gyeonggi Paju Police Station, around 5 p.m. that day, the police found Lee's father dead inside a car parked in an empty lot in Paju City.

Earlier, the police received a report from Lee's family around 7 a.m. that day stating that Lee's father had left a suicide note and gone missing, and they began a search.

The police are investigating the circumstances, considering the possibility that Lee's father took his own life.

Meanwhile, the police conducted a search and seizure at three locations, including Lee's father's house, on the previous day (the 10th), and confiscated 254 gold bars weighing 1kg each, purchased with the embezzled money, from Lee's father's house.

The deceased Lee denied the charges during the search and seizure and was booked on suspicion of aiding the concealment of criminal proceeds; he was scheduled for police questioning that day.

Osstem Implant has filed a complaint against Lee's wife, younger sister, and brother-in-law on charges of concealing criminal proceeds.

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