Police Pursue Man in His 40s Who Fled with Checks Worth 10 Billion Won

The police are pursuing a man in his 40s who fled with checks worth approximately 10 billion won.

The photo is not related to the article. (Photo by Asia Economy DB)

According to the police on the 18th, the Jungnang Police Station in Seoul is chasing a man in his 40s, Mr. A, who issued checks worth 10 billion won, including ten 800 million won checks and four 500 million won checks, from his own account at a bank in Sangbong-dong, Jungnang-gu, around 12:10 PM the previous day, and then fled.

The 10 billion won in Mr. A's account was reportedly deposited the day before by Mr. B, a man in his 30s who works as an investment consultant. Investigations revealed that Mr. B handed over the money after hearing Mr. A say he would return 12 billion won in exchange for the 10 billion won.

Mr. B had entered into a contract to have the bank issue checks of the same amount using the money in Mr. A's account as collateral and to keep them in custody. However, when Mr. A fled with the checks, Mr. B reported him to the police. The checks were suspended immediately after the report.

The police are tracking Mr. A and verifying the facts while reviewing whether charges such as theft or fraud can be applied.

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