Outstanding Payment of 2.4 Billion KRW

Seoul Seocho-gu Seoul Central District Prosecutors' Office. / Photo by Jinhyung Kang aymsdream@

Seoul Seocho-gu Seoul Central District Prosecutors' Office. / Photo by Jinhyung Kang aymsdream@

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[Asia Economy Reporter Kim Daehyun] A representative of an export company, known as the 'Mask Donation Angel' for donating tens of millions of masks, has been indicted while in custody on charges of failing to pay manufacturers for purchases.


On the afternoon of the 25th, the Criminal Division 4 of the Seoul Central District Prosecutors' Office (Chief Prosecutor Han Gisik) announced that a businessman in his 70s, Mr. A, was arrested and indicted on charges of violating the Act on the Aggravated Punishment of Specific Economic Crimes (fraud).


Earlier, Mr. A is accused of visiting dozens of mask manufacturers in Gyeonggi, Gyeongnam, and Busan last year, promising to sell tens of millions of masks worth about 2.4 billion won on their behalf, but failing to pay for them.


The prosecution believes that Mr. A used the misappropriated masks to hold donation events and posed as a prominent businessman performing good deeds while recruiting business investors.



At the end of last year, a detention warrant was requested against Mr. A for related charges, but he failed to appear at the pre-trial detention hearing and was on the run before being caught by the police.


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

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