BBX Logo

A former employee of Youli Bank was sentenced to 20 years in prison for embezzling approximately $11.98 million in customer loans to invest in virtual currency

2025-04-09 13:20

According to Foresight News, a former employee of Yonhap Bank has been sentenced to 20 years in prison for embezzling 17.7 billion Korean won (approximately 11.98 million US dollars) of customer loans in the first instance. He invested most of the embezzled money in virtual currencies, and the appeal trial is scheduled for May 14th.

Loading...