Prosecutors Indict Loan Shark for Gaining 10 Billion Won from Lime Investment Listed Company
[Asia Economy Reporter Yoo Byung-don] The prosecution investigating the Lime Asset Management scandal has indicted a loan shark known to have participated in market manipulation of the KOSDAQ-listed company Esmo.
The Criminal Division 6 of the Seoul Southern District Prosecutors' Office (Chief Prosecutor Jo Sang-won) announced on the 25th that loan shark Hwang, who participated in market manipulation of Esmo, which received investment from Lime Asset Management funds, and gained illegal profits exceeding 10 billion KRW, has been arrested and indicted.
Hot Picks Today
!["Another Uproar for Families with Daughters" Box Office Sensation...Will the Tenfold Stock Price Legend Return?[Click e-Stock]](https://cwcontent.asiae.co.kr/asiaresize/93/2026081118183977185_1786439919.jpg)
"Another Uproar for Families with Daughters" Box Office Sensation...Will the Tenfold Stock Price Legend Return?[Click e-Stock]
- "Please, Get This for Me in Korea": Japanese Demand Soars... What Product Saw a 59% Surge in Transactions?
- "Ordered to Reuse Utensils with Maggots and Cockroaches": U.S. In-Flight Catering Workers Expose Airport Facility
- "They Only Filmed the Body, Not the Dance": Japan's Major Festival Stained by "Uncomfortable Cameras" Amid Over 1 Million Visitors Every Year
- A Common Fruit in Korea, but in Japan It’s So Prized It Gets Stolen: Shine Muscat Grapes Become a Social Issue
Hwang, who was asked by the group that acquired Esmo without capital, was arrested on the 11th on charges of obtaining illegal profits worth approximately 10.3 billion KRW using corporate accounts he operated.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.
