Hwang Jung-eum embezzled 4.3 billion won, and card prices and taxes were all over the company's money...full reimbursement
Jul 11, 2025
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Hwang Jung-eum admitted all of his charges and was confirmed to have reimbursed the entire amount of 4.3 billion won he recently embezzled.
According to the Chosun Ilbo on the 11th, prosecutors believe that Hwang Jeong-eum took a total of 4.3 billion won in company funds into his personal account and spent 4.2 billion won on virtual currency investment, and in the process, Hwang was also accused of embezzlement by spending 4.43 million won on credit cards.
The amount was reportedly intended to pay property and local taxes imposed on Hwang Jung-eum, and he also split the embezzled money and paid about 1.04 million won in stock mortgage interest.
Prosecutors indicted Hwang Jung-eum on charges of embezzlement under the Specific Economic Crimes Aggravated Punishment Act, and he admitted all charges at the first hearing in May.
Hwang Jeong-eum said in a statement, `I will do my necessary responsibilities""I started investing in coins at the recommendation of an acquaintance in 2021, but it was an inexperienced judgment." he said.
In June, Hwang Jung-eum announced the full payment, saying, `All financial relations with the agency have been resolved,' and is deeply reflecting on the fact that he caused a stir due to his lack of knowledge of tax and accounting", he apologized.
Meanwhile, Hwang Jung-eum's next trial will be held at the Jeju District Court on August 21.
narusi@sportschosun.com
