<Anchor>

KB Financial Group also accused KB Securities of violating the Capital Markets Act in connection with the Lime Asset Management incident, which the financial authorities declared to stop repurchasing KRW 1.6 trillion. He signed a loan agreement and concealed Lyme's misconduct.

Reporter Park Chan-keun alone reports.

<Reporter>

Three companies, Shinhan Investment Corp., Korea Investment & Securities, and KB Securities, signed a contract with Lime Asset Management, TRS, and a total profit swap.

TRS is a type of money loan where securities firms hold fund funds, buy assets for them, and receive fees in return.

Shinhan Investment Corp. borrowed KRW 520 billion, KB Securities 130 billion KRW, and Korea Investment & Securities worth KRW 80 billion to TRS.

Securities firms that provide TRS can recoup their loans with priority over regular fund investors.

The Financial Supervisory Service believes that KB Securities intentionally concealed illegal activities related to the management of Lyme's assets.

The FSS reported that it was reviewing allegations that it violated the Capital Markets Act, Article 71, the Prohibition on Unfair Business Practices for Financial Investment Products.

While many of the Lime Fund's individual investors are unable to recover half of their principals, banks and securities firms have found that they have paid 52.4 billion won in fund sales.

[Song, Sung-Hyun / HanNuri Lawyer: It is speculated that it was because of these high sales fees that sales companies did not immediately stop selling even though they recognized the risk of investment loss.]

Nearly half of Lime Fund's individual investors are aged 60 or older.

Banks and securities firms are targeting Lime Fund sales for the elderly who are not informed about new financial products.

The FSS plans to form a joint investigation team next month to begin full-scale investigations on incomplete sales.

(Video coverage: Hong Jong-soo, Video editing: Ha Sung-won, CG: Ryu Sang-soo, Kang Yura)