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(Photo= Yonhap news) |
[Alpha Biz= Reporter Kim Sangjin] According to reports from the financial sector, financial embezzlement has persisted monthly in South Korea throughout this year, despite announcements of measures by the Financial Supervisory Service.
From 2018 to June this year, a total of 18.04274 billion won in embezzlement cases has been recorded. Notably, incidents have occurred monthly in 2023 as follows: in January, two cases (Shinhan Savings Bank 5 million won, Export-Import Bank 12 million won); in February, one case (Yegaram Savings Bank 31.6 million won); in March, one case (AIA Life 24 million won); in April, three cases (Hana Bank 60 million won, Nonghyup Bank 3.3 million won, Hana Bank 400,000 won); in May, two cases (Shinhan Bank 32.2 million won, Korean Re 675 million won); and in June, two cases (Hana Bank and Nonghyup Bank 15 million won each).
The recent calculation does not include a recent embezzlement incident involving Woori Bank amounting to tens of billions of won, potentially increasing the total embezzled amount. Woori Bank reported the incident as fraud under the Special Act on Economic Crimes due to the arrest of the employee involved.
Breaking down by sector, banks accounted for the highest embezzlement amount at 15.3328 billion won (85%, involving 115 individuals), followed by savings banks at 1.64573 billion won (9.1%, involving 11 individuals), securities at 606.1 million won (3.4%, involving 12 individuals), insurance at 432 million won (2.4%, involving 39 individuals), and cards at 26.1 million won (involving 2 individuals).
Within banks, Woori Bank had the highest embezzlement amount at 7.34912 billion won (12 individuals). Among savings banks, KB Savings Bank reported the highest embezzlement amount at 778.32 million won (1 individual).
AlphaBIZ Kim SangJin(letyou@alphabiz.co.kr)
