"Immediate Makeup Due to Corona" 40s Sentenced for Fraudulently Claiming 14 Million Won with Fake Father's Funeral

False Notice of Bereavement at Sangjohoe... Embezzled 14.1 Million Won
Attempted Overseas Futures Options Investment with the Money

A man in his 40s who lied about his father's death to collect about 14 million won in condolence money was sentenced to prison. It was reported that he attempted to invest this money in overseas futures options.

On the 4th, Judge Kang Young-gi of the Criminal Division 9 at the Seoul Western District Court sentenced Mr. A (45), who was indicted on charges of fraud, forgery of electronic records, and violation of the Board of Audit and Inspection Act, to two years in prison. Mr. A, who worked at a mutual aid association in Seoul, is known to have falsely requested the company’s funeral service to announce his father's death in January last year.

At the time, Mr. A reportedly told the funeral service staff, "My father passed away, but he was confirmed positive for COVID-19 after death, so he was cremated immediately, and since the entire family was designated as quarantine subjects, we decided not to hold a funeral."

As a result, Mr. A received 14.1 million won in mutual aid funds as condolence money from 364 people. However, he had not actually lost his father, and it was revealed that he intended to invest the collected money in overseas futures options.

Mr. A was known to be responsible for personnel payroll and accounting information at the mutual aid association. He is also accused of manipulating his severance pay from 47.46 million won to 77.01 million won in January 2019 while the personnel payroll system data manager was absent, in order to increase the loan limit of the mutual aid association.

Additionally, in May last year, when the Board of Audit and Inspection conducted a regular audit of the mutual aid association, Mr. A was summoned for an investigation regarding the payroll system manipulation but refused to comply, and he faces charges related to this as well.

The court stated, "The scale of damage caused by the fraud is large, and most of the damages have not been recovered. Each offense was carried out actively and systematically, and the nature of the crimes is serious," and delivered the verdict.

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