[단독] Han Dong-hoon Resurrection Securities Co., Ltd. arrested for the first time in a group of corporate hunters

◀ anchor ▶

The Joint Prosecutor’s Office’s Financial Securities Crimes Investigation Team, which was revived when Justice Minister Han Dong-hoon took office, released its first investigation results a month and a half after its inception.

They arrested four corporate hunters who targeted KOSDAQ listed companies.

While the investigation into the ‘Terra Luna’ coin crash, which was initially designated as the No. 1 case, stalled, it is the appearance of drawing a sword into the financial market.

Correspondent Son Gu-min reported exclusively.

◀ Report ▶

The Seoul Southern District Prosecutor’s Office’s joint financial and securities crime investigation team arrested four people last week, including a gang of so-called corporate hunters.

This is the first arrest in a month and a half since the syndicate was revived with the inauguration of Minister of Justice Han Dong-hoon.

These gangs are accused of embezzling at least billions of won from the company after moving to several KOSDAQ-listed companies to secure management rights.

It is known that hundreds of millions of won was wasted on nightlife such as Gangnam Room Salon in Seoul.

The so-called “capitalless mergers and acquisitions”

Corporate hunters borrow money from the bond market or secondary financial sector to take over the management of a listed company, then embezzle the company’s funds to pay off debts, and to make profits by raising the company’s stock price.

The Lime Fund, which lost 1.6 trillion won in investment, the Optimus Fund, which suffered 500 billion won in damage, and the investment in these funds were also used as seed money for corporate hunting in which corporate hunters acquire KOSDAQ listed companies without a penny of their own.

Initially, there were many predictions that the first case of the Joint Investigation Team would be the collapse of Terra/Lunacoin.

This is because the victims immediately started the investigation by accusing Kwon Do-hyung right after the establishment of the Hap Sudan.

The crime in the virtual asset market has no history of punishment under the current law, the investigation itself is the first, and key figures such as CEO Kwon Do-hyung are staying abroad, so the investigation is not speeding up.

It is known that the prosecution is tracking the remaining corporate hunters and at the same time checking whether the embezzled funds were used for political affairs or lobbying for the financial sector.

This is Gumin Son from MBC News.

Video coverage: Kim Doo-young / Video editing: Ryu Daye

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