A retired labor union member at a distinguished firm in Ulsan has been arrested for fraud, police stated Wednesday, after he allegedly satisfied others to pay him in change for getting jobs for his or her youngsters on the firm.
Officers of the Ulsan Metropolitan Police Company had the suspect, in his 60s, arrested and forwarded his case to the prosecution for fraud. He’s accused of swindling a complete of 500 million received ($363,000) from three acquaintances from March 2017 to January 2024, promising to get jobs for the victims’ youngsters on the firm.
The suspect served a number of phrases as a high-ranking official on the labor union of the corporate. He instructed the victims that he’s shut with the present management of the labor union in addition to the corporate’s human sources workforce, and that he may get their youngsters employed.
Police discovered that not one of the victims’ youngsters had really obtained employment on the firm. The suspect spent a lot of the proceeds from the prison actions on unsuccessful inventory investments.
Officers requested an arrest warrant for the suspect on grounds that he’s denying the allegations and that he had not compensated for any of the monetary damages he inflicted.
Police uncovered the crime whereas investigating the same fraud case by one other former member of the identical labor union. In that case, the suspect was accused of swindling 2.3 billion received from 30 folks with the identical promise of getting the victims’ youngsters employed.
The suspect within the different case died in an obvious suicide in March, after police launched their prison investigation.
