Police Conduct Search and Seizure at Osstem Implant in '221.5 Billion Won Embezzlement Case'
[Asia Economy Reporter Yoo Byung-don] The police conducted a search and seizure at the headquarters of Osstem Implant, where an embezzlement case involving company funds amounting to 221.5 billion won occurred.
The Gangseo Police Station in Seoul announced that from around 1 p.m. on the 12th, investigators were sent to Osstem Implant's headquarters in Magok-dong, Gangseo-gu to carry out the search and seizure.
Previously, Osstem Implant disclosed that its fund management employee, Lee (45, detained), embezzled 221.5 billion won of company money.
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The police have detained Lee and are continuing the investigation, including filing charges against Lee's family members.
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