Mr. A, the CEO of a software development company, worked with 9 employees.
He was indicted on charges of embezzling 13.91 million won in four major insurance premiums owed to the company.
It turns out that the parent company owns 100% of the company.
They use poor management as an excuse to not compensate employees’ salaries.
The CEO even took out a loan of 300 million won.
It was revealed that he paid the employee’s salary with his own money.
Found not guilty of embezzlement