The court accepted the confiscation and collection preservation of the property of a former Woori Bank employee, 43, and his family, who were accused of embezzling 61.4 billion won from the company's company.



According to the police on the 11th, the Seoul Central District Court prohibits the arbitrarily disposing of property worth 6.6 billion won, including those of Mr. The application was recently cited.



Confiscation and Collection Before Prosecution Preservation is a measure to prevent a criminal suspect from arbitrarily disposing of the property subject to confiscation before receiving a final judgment.



On the 17th of last month, the Namdaemun Police Station in Seoul applied for confiscation and preservation of the property of Jeon and his family before indictment.



Conservation applications include apartments worth KRW 4.9 billion in the name of Mr. Jeon, his family, and accomplices, 5 vehicles worth KRW 200 million, unlisted stocks valued at KRW 1.1 billion, bank accounts, and securities account balances of KRW 400 million.



Jeon, who worked at the corporate improvement department at Woori Bank's headquarters, is accused of stealing about 61.4 billion won from the bank three times from October 2012 to June 2018 with his younger brother and then using it to trade stock index options.



(Photo = Yonhap News)