Prosecution's request for an arrest warrant, including Koo Young-bae, CEO of Q10 in the 'Timev Incident'.

2024.10.04. PM 5:50
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Prosecutors investigating Timon and Wemakeff's "unsettled sales proceeds" have begun to secure the whereabouts of officials, including Koo Young-bae, head of Quten Group.

The Seoul Central District Prosecutors' Office today requested an arrest warrant for Gu, Ryu Kwang-jin, Timon, and Ryu Hwa-hyun, Wemakep, on charges of fraud, embezzlement, and breach of trust.

They are accused of siphoning off 1.595 trillion won in sales to be settled by affiliates such as Timon and Wemakeff, and betraying 69.2 billion won in Timmeff funds to give all their affiliates work.

He is also accused of embezzling 67.1 billion won of Timef funds for the acquisition of an American e-commerce company.

A prosecution official explained that he requested a preliminary arrest warrant by comprehensively considering the seriousness of the case, the possibility of destroying evidence, and concerns about escape.




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