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South Korean actress Hwang Jung-eum embezzled company funds to invest in cryptocurrencies and has now returned the money in full
7 hours ago
Odaily News South Korean actress Hwang Jung-eum (transliteration) was indicted for allegedly embezzling about 4.2 billion won (about 3.07 million U.S. dollars) of company funds to invest in virtual currencies. Her agency Y1 Entertainment said on June 17 that Hwang Jung-eum had repaid all the debts in two installments on May 30 and June 5. Previously, Hwang Jung-eum withdrew a total of 4.34 billion won from Hunmin Jung-eum Entertainment around 2022, most of which was used for cryptocurrency investment. The case involved a violation of the relevant provisions of the "Specific Economic Crime Aggravated Punishment Act" on misappropriation of funds and is currently undergoing judicial proceedings. (Yonhap News Agency)
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