Toss Bank. (Photo courtesy of Toss Bank)

 

 

[Alpha Biz= Kim Jisun] Toss Bank has reported an embezzlement case involving approximately KRW 2 billion (about USD 1.45 million) by a senior employee.



According to the bank on June 19, a team leader in the finance department was found to have transferred company funds from a corporate account to a personal account. The irregularity was detected through the bank’s internal monitoring system.



Toss Bank has reported the incident to regulatory authorities and requested a police investigation. The employee in question has reportedly passed away.



The bank stated that no customer assets were affected by the incident.

 

 

 

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