NH Nonghyup Bank Manager Embezzles 12.1 Billion Won Using Fake Real Estate Loans
An internal audit at NH Nonghyup Bank in Seoul has revealed that a branch manager embezzled 12.1 billion won (approx. $876,000) through fraudulent loans. The manager, identified as Kim, used fake real estate as collateral, exploiting weaknesses in the bank’s internal control system for
