Saemaeul Geumgo Central Association "Apologize for 38 Billion Won Loan Fraud... Full Repayment of Principal and Interest"

[Asia Economy Reporter Song Seung-seop] Saemaeul Geumgo Central Association announced that it has fully repaid the principal and interest related to the 38 billion won loan fraud case.

On the 19th, Saemaeul Geumgo Central Association issued a statement saying, "We deeply regret and feel very sorry about this matter," and added, "It was discovered through our internal control system, and the Ministry of the Interior and Safety, the supervisory authority, requested an investigation by the prosecution. We have cooperated with the prosecution's investigation."

They continued, "There is no damage to Saemaeul Geumgo or its members," and "The related employees have been suspended from their positions, and we plan to take active additional measures depending on the results of the prosecution's investigation and trial."

Meanwhile, on the 17th, the Seoul Eastern District Prosecutors' Office indicted and detained Mr. A (55), a former member of Saemaeul Geumgo Central Association, Mr. B (56), a financial broker, and Mr. C (48), a loan company CEO. Financial broker Mr. D (50) and loan company employee Mr. E (41) were indicted without detention. They are accused of submitting fake diamonds and obtaining falsely and excessively appraised evaluation reports from fake appraisers to receive loans of about 38 billion won from Saemaeul Geumgo.

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