Hwang Jung-eum's 4.3 billion embezzlement case is over...Abandonment of appeal, two years in prison and four years in collection
Oct 04, 2025
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According to the legal community, Hwang Jung-eum and the prosecution did not submit an appeal until the deadline for appeal on the 2nd.
As a result, two years in prison and four years of probation sentenced by the Jeju District Court's Criminal Division 2 (Chief Judge Lim Jae-nam) were confirmed on the 25th of last month.
The court said that the defendant was not lightly guilty of embezzling company money and using it for cryptocurrency investment and personal use, but took into account that the defendant reimbursed the entire amount and there were no victims"The reason for the sentencing was revealed.
Hwang Jung-eum transferred 700 million won in loans from her agency Hunminjeongeum Entertainment to her account in July 2022 in the name of provisional payments and used them for coin investment.
A total of 4.34 billion won was later found to have been embezzled through October, of which about 4.2 billion won was spent on cryptocurrency investments. The rest was spent on tax payments.
However, Hwang Jung-eum reimbursed the entire provisional payment twice in May and June. The agency lacked tax and accounting knowledge. be deeply reflective of oneself" he said.
With the confirmation of the ruling, Hwang Jung-eum will have to keep his probation period for the next four years, and further violations could lead to imprisonment.
narusi@sportschosun.com
