[Law Firm Now] Law Firm AK's 'Economic Crime Task Force'... Composed of Criminal Experts from Prosecution and Police Backgrounds

"Embezzlement, Breach of Trust, Fraudulent Fundraising, Stock Manipulation" and More
"Ensuring No Injustice" Responsibility from Police Investigation to Trial

Baek Nam-su, Chief Attorney of the Economic Crime Task Force at AK Law Firm, Partner Attorney Kim Pan-su, Chief Attorney Ahn Kwon-seop, Chief Attorney Ahn Jong-o, and Chief Attorney Kim Bo-hyun. (From left) [Photo by AK Law Firm]

As stock and cryptocurrency trading increases, the likelihood of unknowingly becoming involved in related economic crimes has grown. Using undisclosed information or trading unlisted stocks and cryptocurrencies can unjustly lead to becoming a suspect in a crime.

Law firm AK has established an "Economic Crime Task Force" to provide legal services in response to the prosecution and police's strengthened investigation policies on economic crimes. AK's Economic Crime Task Force mainly handles cases such as occupational embezzlement and breach of trust, fraudulent quasi-deposit schemes, unlisted stock sales fraud, stock price manipulation, and trade secret infringement.

Attorney Ahn Kwon-seop (Judicial Research and Training Institute class 25), former Deputy Chief Prosecutor of Chuncheon District Prosecutors' Office, serves as the head of the Economic Crime Task Force. The team includes Attorney Ahn Jong-oh (class 30), a former chief prosecutor; Attorney Jung Young-soo (class 34), former head of the Cyber Investigation Division at the Supreme Prosecutors' Office and certified specialist in gambling investigations; Attorney Baek Nam-soo (Police University, Bar Exam class 3), former police investigation chief; as well as other attorneys and expert advisors with backgrounds from the Police University and former police chiefs.

Financial and economic crime cases are complex to defend. During police investigations, unnecessary statements may be made, which can influence prosecution investigations and trials, potentially becoming unfavorable evidence unexpectedly.

Therefore, the Economic Crime Task Force forms a favorable position from the early stage of police investigations, known as the golden time of a case, by submitting written statements in advance. Assigned attorneys accompany clients throughout investigations, providing meticulous legal interpretation and defense.

Attorney Baek Nam-soo stated, "Recently, socially significant cases such as stock price manipulation, quasi-deposit schemes, private gambling, private futures exchanges, and voice phishing often involve tax issues that escalate into criminal cases, or conversely, tax evasion issues emerge during criminal investigations. The Economic Crime Task Force possesses expertise and capability even in tax-related fields."

During the prosecution investigation stage, a chief prosecutor who has trained new prosecutors in investigative practice, trial practice, and investigation supervision, along with the representative attorney who served as the head of the Legal Training Institute’s Yongin branch, lead the overall response. They collaborate with the Korea Digital Forensic Center to defend clients based on objective digital evidence.

Attorney Ahn Kwon-seop said, "Law firm AK carefully understands the client's position from the early police investigation stage, responding with meticulous legal interpretation, logical defense, and reviewing and analyzing the effectiveness of collected evidence. Through a business agreement with the Korea Digital Forensic Center, we resolve clients' risks."

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