Kim Kkane Chairman Kim Yongman Referred to Prosecution for Alleged Embezzlement of 600 Million Won in Company Funds
Alleged Misuse of Incentives and Commissions from Food Ingredient and Interior Partner Companies
Suspended Prison Sentence for Attempted Rape Charge
Kim Yongman, chairman of the gimbap franchise Kim Kkane, who is accused of embezzling 600 million won of company funds, has been handed over to the prosecution.
According to the police on July 6, the Seongbuk Police Station in Seoul referred Chairman Kim to the prosecution on June 15 on charges of embezzlement under the Act on the Aggravated Punishment of Specific Economic Crimes.
Chairman Kim is accused of embezzling approximately 600 million won of company funds from January 2023 through last year.
The police believe that Chairman Kim personally used incentives and commissions paid by partner companies, including suppliers of food ingredients to Kim Kkane and interior construction firms.
Hot Picks Today
"Just Two Days After the Chairman's Visit"... Lotte Injects Another 250 Billion Won 'Here'
- 83% of Highway Fatalities Linked to This 'Habit'... Check This Button When Driving in Summer
- "How Many Days Off Does Your Company Give?"... Only Half Receive Vacation Allowances: The Reality of Summer Leave for Korean Workers
- "French Team Without Any French Players"... Former Spanish Prime Minister Slammed for Racist Remarks
- Corrective Orders Issued to Plastic Surgery Clinics for Elaborate 'Fake Reviews' Used as Deceptive Ads
Meanwhile, in May, Chairman Kim was sentenced to three years in prison, suspended for five years, for the attempted rape of a female employee while intoxicated.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.
