Actress Hwang Jung-Eum He is facing serious legal repercussions after admitting to court embezzlement of 4.34 billion KRW (about 3.1 million dollars) from his own agency to finance Cryptocurrency investments.
The first process was held May 15th al District Court of Jejuchaired by Judge Lim Jae-Nam of the second criminal division of the Court. Hwang is pursued under the Act on the aggravated punishment of specific economic crimes for embezzlement.
According to the accusation, Hwang deflected the funds from his family owned agency, in which he holds 100% propertyfrom From the beginning of 2022 to December of that year. Among the funds, they appropriate indebted were ₩ 700 million, which supported as a advance payment Before channeling it in cryptographic investments. In total, approximately 4.2 billion KRW (about 3 million dollars) of the appropriate money was used for activities related to cryptocurrency.
His legal team recognized the accusations, affirming in court, “There is no controversy on the facts of the accusation.” They have also explained it since then Companies in Korea cannot legally hold cryptocurrency resourcesHwang hit under her Personal namebelieving that it would benefit the growth of the company.
The defense also stressed that since the Agency’s revenues derive exclusively from the Hwang entertainment work, the funds could be considered closely linked to its personal income. “Some of the losses have already been reimbursed through the sales of coins”, They noticed, adding that he is currently working to reimburse the rest by selling real estate activities.
The part of Hwang appealed to the court for clemency based on his reasons and the efforts in progress to return. The Court has granted a continuation of the trial to allow more time for refund.
This case has attracted significant public attention, not only due to the state of Hwang celebrities, but also because it affects the legal and ethical complexities that surround the use of corporate funds and investments in cryptocurrency in the entry sector in Korea.
Hwang, a former singer transformed into an actress, is known above all for her roles in successful dramas such as It was nice AND Kill me, healing. His next date of the Court has yet to be announced.
