Assigned by Mr. Lee Hoon Bok to manage 2 companies in Vietnam, Xuyen embezzled more than 4 billion VND to invest in real estate and virtual currency but lost money and was arrested by the police.
On March 5, the Economic Police Department of Da Nang City Police served the decision to prosecute the defendant and arrested Do Thi Ha Xuyen (36 years old, residing in Hoa Xuan ward, Cam Le district, Da Nang) for investigation. the act of “Embezzlement of assets”, and at the same time searched Xuyen’s residence at room 1119 FPT Plaza2 Apartment (Hoa Hai ward, Ngu Hanh Son district, Da Nang).
Initial investigation results determined that in 2016, Mr. Lee Hoon Bokk (54 years old, Korean nationality) wanted to invest and do business in Vietnam, so he asked Xuyen to complete the procedures to establish two companies.
Among them, KSTC VINA Trading and Services Company Limited (referred to as KSTC Company) has a charter capital of 2 billion VND. Mr. Lee agreed to let Xuyen be the owner and legal representative with the title of director.
As for Kesan Tex-Chem Vietnam Company Limited (referred to as Kesan Company) with a charter capital of 2.2 billion VND, Mr. Lee is the legal representative with the title of general director.
Both of these businesses registered their business address at the building on Han Thuyen Street (Hoa Cuong Bac Ward, Hai Chau District, Da Nang City).
After establishing the two companies, because he was not often present in Vietnam, Mr. Lee signed a decision to appoint Do Thi Ha Xuyen to the position of CEO of Kesan Company. According to assigned tasks, Xuyen has the right to sign transaction documents with banks, customs and authorities.
To serve business activities, on November 1 and 6, 2019, Xuyen opened 2 payment accounts for 2 companies at a bank branch in Da Nang and was authorized to perform banking transactions on behalf of Mr. Lee. .
Every week and month, Xuyen must send expense reports in Korean and bank account statements in Vietnamese via email to Mr. Lee.
From September 2020 to May 2023, realizing that Mr. Lee did not pay attention to money management, because he was assigned to manage the bank account, Xuyen arbitrarily withdrew money many times to invest and do real estate business. virtual money… of individuals.
The investment process suffered losses, leading to a cash deficit for the above two companies, so every time he sent a weekly report, Xuyen adjusted the cash and money in the account, edited the transaction data in the account statement. bank to match the amount reported weekly.
After discovering the incident, Mr. Lee denounced Xuyen’s behavior and during the investigation, the police determined that the total amount of money Xuyen appropriated from the two companies was more than 4.6 billion VND.
Currently, the Economic Police Department of Da Nang City Police continues to investigate and handle Xuyen according to regulations.
CHAU THU
