Stealing 50,000-won bundles by opening the safe in the early morning… Betrayal of an 8-year employee of the Agricultural Cooperative

A female employee who embezzled over 1 billion won in cash from a branch of the Agricultural Cooperative while on duty has been revealed to have squandered most of the funds on gambling with an accomplice. The crime was carried out discreetly in the early hours before business hours, and they were eventually arrested by the police and handed over to the prosecution.

According to the legal community on the 24th, the Criminal Division 1 of the Suncheon Branch of the Gwangju District Prosecutors' Office (Chief Prosecutor Shin Seung-hee) has arrested and indicted Ms. A (36), a female employee of Koheung Agricultural Cooperative, and her accomplice B (36) on charges of embezzlement and breach of trust. Ms. A is suspected of embezzling approximately 1.03 billion won from the Agricultural Cooperative's safe on four occasions from late February to March 25.

Ms. A has been working at the Agricultural Cooperative for about eight years and was in charge of cash handling and storage. Using the key to the safe she managed, she put 20,600 50,000-won bills into a bag she had prepared in advance and secretly took them. The crime was meticulously executed in the early hours before the staff arrived for work.

After disappearing, she was urgently arrested… Part of the cash recovered from her home

The crime was discovered on the morning of March 25. After Ms. A, who had come to work as usual, suddenly went missing, the Agricultural Cooperative reported her disappearance and possible embezzlement to the police.

The police urgently arrested her in Gwangyang, Jeollanam-do, where her relatives were residing, and recovered about 11 million won in cash from her home.

The police also arrested accomplice B on charges of receiving stolen property and harboring a criminal for helping Ms. A flee. However, they were unable to confirm the whereabouts of approximately 1 billion won before handing the case over to the prosecution.

"Most squandered on gambling"… Prosecution tracking money's whereabouts

During the prosecution's investigation, Ms. A and B reportedly stated, "We spent most of the money on gambling." If this statement is true, a large sum of assets has disappeared due to gambling in a short period.

The prosecution is currently investigating under the assumption that they may have hidden the funds or conspired after committing the crime. Depending on whether the remaining funds have indeed all been squandered or if there are other hiding places, the severity of future punishments is expected to vary significantly.

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