Hwang Jung Eum repays two-thirds of 4.34 billion KRW embezzlement debt ahead of 2nd court trial; here’s all we know about case

Hwang Jung Eum, who is accused of taking firm cash illegally, has already returned about two-thirds of the amount. On Might presumably perhaps fair 19, her criminal legitimate, Kim Chi Woong, mentioned, “There would possibly perhaps be unruffled over 1 billion KRW (around 718,000 USD) left to pay, and she plans to pay it off as soon as that you just should well well imagine.” The 2nd court docket hearing is in August 2025.

He explained that practically the final contributors she owes cash to are banks, and since many of the properties she owns are mortgaged, paying wait on the debt mustn’t ever be too tough. “We are trying to enact this prior to the next court docket date,” he added, in step with Xsports.

Kim Chi Woong shared that, whatever the court docket’s resolution in regards to the necessary prices of embezzlement, Hwang Jung Eun is determined to repay the full cash.

Hwang Jung Eun is accused of taking about 700 million KRW (about 500,000 USD) upfront payments thru her agency in 2022 and the utilization of that cash to make investments in cryptocurrencies. She has been charged with stealing a entire of 4.34 billion KRW (around 3.1 million USD) by the discontinuance of 2022, and most of that cash modified into once reportedly build into crypto.

At her first court docket hearing on Might presumably perhaps fair 15, Hwang Jung Eun admitted to the full prices.

Her criminal legitimate mentioned in court docket, “The firm’s profits modified into once from her interior most work. She has already paid wait on some of the crucial cash by promoting crypto sources and plans to pay the reduction by promoting right estate. We hope the court docket will rob into consideration her effort to repay.”

Hwang Jung Eum also mentioned, “I wished to wait on the firm develop, so I invested in cryptocurrency with out colorful ample about it. Even supposing the cash modified into once in the firm’s title, I believed it modified into once my fill earnings from my work.”

The court docket will meet again in August to discover about how unheard of she has paid wait on. If the case strikes ahead, prosecutors will suggest what her punishment must be.