Hwang Jung-eum invests 4.2 billion embezzled coins from the company...100% Hwang Jung-eum Equity Company, a family corporation admitted to the charges
May 15, 2025
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According to a report by the news agency on the 15th, Lim Jae-nam, a senior judge at the 2nd Criminal Division of the Jeju District Court, held the first hearing on actor Hwang Jung-eum's alleged violation of the law on the aggravated punishment of certain economic crimes.
Hwang Jung-eum was indicted without detention in early 2022 on charges of embezzling 4.34 billion won in company money by December 2022, including investing 700 million won in virtual currency in the name of provisional payments from a company that owns a 100% stake. The victim company is a family corporation in which Hwang Jung-eum herself owns a 100% stake.
Hwang reportedly invested 4.2 billion won of the embezzlement into the coin. Hwang Jeong-eum's legal representative also acknowledged the indictment on the same day, saying, "However, the defendant invested in coins with the intention of growing the company, and temporarily invested in his own name because the corporation could not hold the coin." There are circumstances in which the profits of the agency are ultimately attributed to the defendant because they are generated from the activities of the defendant. Coin sold and repaid some of the damage, and the rest of the property was also trying to repaid by selling real estate, and please take into account the motive of the crime."
Earlier, there were reports that Hwang Jung-eum earned a significant market profit from real estate investment as a family corporation last year. The corporation reportedly purchased a building located in Sinsa-dong, Seoul for 6.25 billion won in 2018 and sold it for 11 billion won in 2021, earning a market margin of 4.75 billion won in three years.
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