▲ Director Moo Yoon (left) and Song Moo who are present at the warrant review due to suspicion of fraud of the Optimus Asset Management Fund 


President Kim Jae-hyun of Optimus Asset Management, accused of defrauding the investment agency to collect hundreds of billions of funds in funds, was arrested by the prosecution.

Chang Hoon Choi, Deputy Chief Justice of the Seoul Central District Court, issued a warrant for Kim's arrest, saying, "There is a rationale for the facts, the matter is serious, and there is a reason for arrest in light of the response presented after the fund repurchase cessation."

The arrest warrant was issued for the second lawsuit, the owner of Optimus' second shareholder, Lee Mo, and lawyer Yun Mo, who was also a lawyer.

Judge Choi dismissed the warrant for Mr. Song Mo, who said, “Together, it is difficult to recognize the reason for the arrest and the materiality by summarizing the progress of the investigation, the actual status and role of the suspect, and social ties such as family.”

Part 1 of the Seoul Central District Prosecutor's Survey (Oh Hyun-cheol, Assistant Prosecutor's Office) claimed four arrest warrants, including Kim.

They are accused of investing hundreds of billions of won in investing in public institution receivables and earning 2.8-3.2% annually, and investing in bad debts such as lenders and real estate consulting companies by forging documents.

As the maturity of the stale funds returned, the investments that had been repurchased since the 17th of last month exceeded 100 billion won.

As of the end of May, the balance of fund establishment is 572 billion won, and most of these funds are designed with similar structure, so the damage is expected to increase further.

The prosecution plans to investigate how far funds have flowed and whether it is legally responsible for fund sellers, trustees, and office management companies.

The Seoul Central Prosecutor's Office is also said to be considering ways to expand the investigation team to establish a task force (TF) dedicated to fund fraud.

(Photo = Yonhap News)