South Korean police nabs crypto investor who ‘intended to return’ embezzled church funds
A man in his 60s who was serving as the financial manager for a Catholic church in Mokpo, South Jeolla Province, South Korea, has been arrested by local police on suspicion of embezzling millions of won in donor funds from around 1,000 parishioners over a period of months.
According to reports, local police launched an investigation into the man, referred to as Mr.A, after he confessed to a priest.
He reportedly embezzled approximately 480 million won (about $344,000) in donor funds, which were intended for the construction of a new church building. Mokpo Police Department in South Jeolla Province announced it had requested an arrest warrant for him on September 24,
South Korean investor nabbed for embezzlement
Mr. A got…
