'Breach of Trust and Embezzlement' ShillaJen Case Moves to Supreme Court...Prosecution and Defense Both Appeal
![[Image source=Yonhap News]](http://www.asiae.co.kr/news/img_view.htm?img=2020120113405141280_1606797651.jpg)
[Asia Economy Reporter Park Ji-hwan] The embezzlement and breach of trust case involving Moon Eun-sang, former CEO of Sillajen, and other Sillajin executives has reached its final verdict at the Supreme Court.
According to the legal community on the 3rd, Moon's defense attorney and the prosecution filed an appeal with the Seoul High Court Criminal Division 1-1 (Presiding Judges Lee Seung-ryeon, Eom Sang-pil, and Shim Dam) challenging the appellate court's ruling.
The Seoul High Court found Moon guilty of most charges and sentenced him to five years in prison and a fine of 1 billion KRW. While the prison sentence remained the same as in the first trial, the fine was significantly reduced from 35 billion KRW in the first trial to 1 billion KRW.
Hot Picks Today
!["It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]](https://cwcontent.asiae.co.kr/asiaresize/93/2026052019230771274_1779272587.jpg)
"It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
- [Breaking] Samsung Electronics Management: "Tentative Agreement Will Be a Starting Point for a Cooperative Labor-Management Culture"
- "Was It You Again?" Elementary Student Involved in Last Week's Vehicle Theft Drives Off Himself This Time
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Moon is accused of obtaining an unfair gain by using a 'fund recycling' scheme, where he borrowed 35 billion KRW from DB Financial Investment through the paper company Crest Partner to acquire Sillajen BW, and then lent the money received by Sillajen back to the paper company.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
![[Breaking] Samsung Electronics Labor and Management Officially Sign Tentative Agreement](https://cwcontent.asiae.co.kr/asiaresize/307/2026052022492353201A.jpg)
