Ex-bookkeeper caught embezzling W10b

The former bookkeeper at a Busan-based firm was caught embezzling more than 1 billion won ($900,000), police said on Thursday.

According to Yeongdo Police Station in Busan, the 41-year-old woman, surnamed Kim, is accused of stealing corporate funds and making false entries in the corporate books.

From 2011 until 2016, Kim deposited the corporate funds into personal accounts, marking the transactions as purchasing goods under the name of the company’s head. 

The suspect carried out the illegal transactions on 465 separate occasions, police said.

Her scheme was discovered when accountants spotted problems with the firm’s accounting record.

By Bak Se-hwan (sh@heraldcorp.com)