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Police ‘find all gold bars’ Osstem implant embezzlement ‘188 billion won’ confirmed

Osstem Implant’s headquarters in Gangseo-gu, Seoul. Reporter Hwang Jin-hwanThe police found most of the source of the embezzlement amount of 188 billion won, including finding all the remaining gold bars that were hidden by a 45-year-old aunt who embezzled 221.5 billion won from the Osstem implant company.

On the afternoon of the 12th, the Seoul Metropolitan Police Agency held a briefing and said, “We found 100 kg of gold bars that Lee bought with embezzlement money from Lee’s sister’s residence and secured all of them.” As a result, 855 kg of gold bars worth 68.1 billion won out of 188 billion won in embezzlement damage were secured. Lee returned 33.5 billion won from 221.5 billion won in embezzlement, resulting in 188 billion won in damages.

A police official explained, “I told Mr. Lee the news of his father’s death the day before in the morning, and this caused a change of heart and found the remaining 100 kg of gold ingots at his sister’s residence.”
Police are moving seized items after a search and seizure was completed at the residence of the Lee family, who embezzled money from the Osstem Implant company on the 10th.  yunhap newsPolice are moving seized items after a search and seizure was completed at the residence of the Lee family, who embezzled money from the Osstem Implant company on the 10th. yunhap newsEarlier, on the 11th, the police found 254 1kg gold bars at Lee’s father’s residence in Paju, Gyeonggi Province. On the 6th, 497 gold bars were found in the building in the name of Mrs. Lee’s wife, where Mr. Lee lived. If you add the four gold bars that Lee did not visit, which were frozen at the Korea Gold Exchange, the police secured all the 855 kg of gold bars that Lee bought with embezzlement.

In addition to the gold bars, the police found most of the sources of Lee’s embezzlement of 188 billion won. A police official said, “There are about 42 (stocks) stocks that Lee has invested in. The total amount of damage is 76.1 billion won, and about 25.2 billion won remains in the stock account, so it has been frozen.”

A picture of Osstem Implant employee Lee entering the Gangseo Police Station in Seoul on the 6th.  yunhap newsA picture of Osstem Implant employee Lee entering the Gangseo Police Station in Seoul on the 6th. yunhap newsWhen looking at the sources of the embezzlement damage revealed so far, 855 kg of gold bullion (68.1 billion won), securities account (25.2 billion won), stock investment loss (76.1 billion won), real estate loan repayment (3 billion won), cash (440 million won) Won) and was found to have been used for real estate and resort memberships. The police are planning to apply for confiscation compensation for real estate valued at 7.5 billion won before indictment.

Meanwhile, the police launched a search and seizure of the Osstem Implant headquarters around 1 pm on the same day. A police official said, “I heard statements about some of the embezzlement processes through company officials.”

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