
A sister-in-law who worked as an accountant at her brother-in-law's company and embezzled over 700 million KRW from the corporate account has been sentenced to prison time. The Bucheon branch of the Incheon District Court Criminal Division 1 (Judge Yeo Hyun-joo) announced on the 15th that the former 40-something accountant, Ms. A, of a manufacturing company in Gimpo, was sentenced to five years in prison for aggravated economic crimes (embezzlement). A was indicted for stealing a total of approximately 730 million KRW across 553 transactions from the company's corporate account. A worked as an accountant for the company, where her brother-in-law, Mr. B, was the CEO, from January 2014 to December 2020. Having joined the company in late 2013 and handling fund management, the investigation found she used the digital certificate and OTP (One-Time Password) linked to the corporate account to siphon off the money.
A transferred company funds into her own and her family members' accounts, sometimes writing remittance memos suggesting they were for external vendors, or simply failing to submit expenditure approval forms. She used the stolen money for various things, including 1.5 to 2 million KRW monthly for her child's English education, family insurance premiums, taxes, and shopping. B discovered A's crime in late 2021 when the Gimpo Tax Office requested clarification materials regarding suspected underreported income. B was already paying A a monthly salary of 4.5 million KRW and had often given her financial help. Even after finding out, he waited three months to give her a chance to explain herself. However, during the trial process, A responded with excuses like, "Didn't the brother-in-law misuse company funds too?" and did not return the embezzled money. The court stated, "The B couple, who trusted the defendant, likely suffered significant emotional trauma as well as economic damage due to this crime," adding, "The defendant, instead of explaining her actions, threatened them using legal counsel and attempted to isolate the B couple from their family." Furthermore, the court noted, "The defendant continues to offer incomprehensible excuses in court and shift responsibility," concluding that, given A's extremely poor behavior following the crime, "severe punishment commensurate with the guilt is necessary."
----- He gave her a 4.5 million KRW salary every month, but she still embezzled 700 million LOLOLOLOLOL
"They agree that giving an accountant 4.5 million KRW/month was peak generosity, proving the ancient wisdom: 'Never trust a black-haired beast, especially when they're family.' Mandatory drum barrel sentence, too."
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