"Stock Trading Scam Group Demanded Money"... Woman in Her 40s Sentenced to Prison for Embezzling 300 Million Won
A woman in her 40s who embezzled over 300 million won from a welfare center after being pressured for money by a stock investment scam group, which demanded payment in exchange for the return of her investment, has been sentenced to prison.
On August 2, Judge Kim Seonbeom of the Seoul Northern District Court's Criminal Division 7 announced that he had sentenced Cho (44), who was tried on charges of occupational embezzlement, to two years in prison.
Cho, who was responsible for accounting duties at a welfare center in Seoul, was accused of embezzling 349 million won over 12 transactions during a three-day period in December of last year.
Hot Picks Today
Samsung Electronics Introduces New "Special Performance Bonus" for Semiconductors, Paid Entirely in Company Shares
- "Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- Hyundai Mobis, Key Supplier for Hyundai’s Atlas, Target Price Raised [Click eStock]
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
The court stated, "Due to the defendant's crime, the welfare center appears to have faced significant difficulties in its operations, including paying wages."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
