The chairman of Dain Group, which has a mid-sized construction company, Dain Construction, as its parent company, has been arrested.



The Daegu District Court yesterday (9th) issued an arrest warrant for Dain Group Chairman A, stating that there is a risk of evidence destruction and escape.



Mr. A is suspected of tens of billions of won in fraudulent pre-sale and embezzlement of corporate funds.



The Daegu Police Agency's Anti-Corruption Investigation Department, which is investigating the allegations, applied for an arrest warrant for A on charges of fraud, etc.



Dain E&C received residential officetel sales in nine locations across the country, including Ulsan, Busan, and Daegu, and neglected it for over a year. 



▶ [Report File] A shattered dream of 'owning a house'...

Dine Construction’s officetel construction stopped, and after that