Woori Bank Employee Arrested for Embezzling 10 Billion Won to Invest in Cryptocurrency

Woori Bank Seoul Headquarters.

An employee of Woori Bank who embezzled approximately 10 billion KRW in customer loans by falsifying documents has been arrested.

The Gimhae Western Police Station in Gyeongnam announced on the 13th that an arrest warrant was issued on the evening of the 12th for Mr. A, a man in his 30s working as an assistant manager at the Gimhae branch of Woori Bank, as requested earlier that day.

According to the police, Mr. A is suspected of siphoning off loan funds by forging loan applications and deposit-related documents from early this year until recently.

It is reported that the embezzled amount is about 10 billion KRW, and that Mr. A invested in overseas futures and cryptocurrencies, resulting in investment losses of about 6 billion KRW.

Woori Bank stated that it detected suspicious activity and uncovered the financial crime through its internal control system.

After being asked by the bank to provide an explanation, Mr. A turned himself in to the police on the 10th.

The police are currently analyzing Mr. A's cryptocurrency accounts and investigating whether there were any accomplices, the exact circumstances of the incident, and the amount invested.

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