Court Sentences School Staff Accused of Embezzlement to 3 Years in Prison
"Although Part of the Embezzled Amount Was Repaid, the School Foundation Suffered Significant Damage"

A high school administrative staff member in his 40s was sentenced to prison for embezzling school funds and using them for luxury expenses.


According to the legal community on the 21st, the Criminal Division 1 of the Busan District Court Seobu Branch (Chief Judge Lee Jin-jae) sentenced Mr. A (in his 40s), who was tried on charges of violating the Act on the Aggravated Punishment of Specific Economic Crimes (embezzlement), to three years in prison.

Exterior view of Busan District Court Seobu Branch. <br>[Photo by Yonhap News]

Exterior view of Busan District Court Seobu Branch.
[Photo by Yonhap News]

View original image

Mr. A was indicted on charges of embezzling 830 million won of school funds into his own account 89 times while working as an administrative staff member at a high school in Busan from 2016 to 2021, and using the money personally.


Mr. A, a graduate of the high school, had been in charge of the school corporation's budget and dormitory-related accounting work since 2010. At the time of the crime, Mr. A received dormitory fees and meal fees from students using the school dormitory and, while holding the money for work purposes, fabricated false documents to make it appear as if the money had been spent, embezzling the school funds into an account under his name.


It was found that he used the embezzled money for living expenses, loan repayments, overseas travel expenses, purchasing resort memberships, and buying luxury vehicles.



The court stated the sentencing reason, saying, "Although Mr. A has repaid part of the embezzled amount and restored a significant portion of the damage, the entire amount has not yet been repaid, and no agreement has been reached with the victimized corporation. The victimized corporation is pleading for severe punishment of the defendant, citing serious management difficulties caused by this case."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing