The Seoul Central District Court yesterday (18th) rejected an arrest warrant filed against Koo Young-bae, CEO of Quten Group, on charges of fraud, embezzlement, and breach of trust.
Timon CEO Ryu Kwang-jin and Wemakeff CEO Ryu Hwa-hyun, who were both charged with warrants, also avoided arrest.The representative of
is accused of stealing KRW 1.595 trillion in sales by deceiving sellers and preventing them even though he knew he could not pay the settlement payment with CEO Timef.
In addition, he is accused of causing 72 billion won in damages to Timon, Wemakeprice, and Interpark by driving work to affiliates and stealing 80 billion won in company money to acquire an American e-commerce company.
Earlier, the prosecution filed for a warrant again after conducting a supplementary investigation after the arrest warrant for them was rejected once last month, but the court refused to accept it this time, and the investigation is expected to face criticism that the investigation was poor.
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