President Kim Bong-hyun (46), Star Mobility, who was named Jeonju of Lime Asset Management, who was responsible for the suspension of the 1 trillion won redemption, was found to have been punished for spending investors' money years ago.

According to the financial investment industry and the legal community on the 25th, President Kim was convicted of his embezzlement trial in the Seoul Central District Court in August 2012 and was sentenced to one year and six months in prison.

Chairman Kim was accused of stealing 301 million won from the total of 48 times in 2010 when he served as the chairman of a performance planning and investment company.

At the time, the company was invested by investors and held concerts of popular singers such as DJ DOC, Seunghwan Lee, Next and Rain, and exhibitions of art works by famous artists such as Van Gogh.

It was revealed that Chairman Kim ordered fundraising through his employees, and that the funds that Mr. Kim took at the time included investments from investors that the company kept.

It was found that President Kim used the funds as entertainment expenses or high-end apartment housing expenses.

The first trial court sentenced the reason for the sentence, saying, "The amount of the crime was over 300 million won, the amount of money was large, and no damage was recovered." Revealed.

At the time, the prosecution had invested billions of dollars without reporting to the financial authorities without the intention or ability to pay back the investment, and it was considered fraudulent and illegal.

However, unlike the embezzlement, the court judged the alleged innocence that there was no evidence to prove the crime.

In both trials held at the Seoul High Court by both Kim and the prosecution, the court dismissed the appeals of both sides, saying, "It is hard to say that the trial judges have misunderstood the facts or that the trial is too heavy."

Chairman Kim was recently named as “the chairman who made the lobby awesome” in the transcripts of the head of Banpo WM Center, the mother of Daeshin Securities, a Lime Asset Management sales company.

He is being investigated by police on charges of embezzling money of 16.1 billion won from a bus company in Gyeonggi-do with Mr. A from acquaintance M Securities.

In addition, he was recently sued by the company for alleged embezzlement of 51.7 billion won in Star Mobility, where he was chairman.

These companies are believed to have received direct and indirect investments in Lime Asset Management.

President Kim went on to investigate the allegations when the investigation began.

Chairman Kim is regarded as a key axis in which people's relationships are concentrated in the case of Lime Asset Management.

Prosecutors are chasing President Kim by forming a roundup team.