Arrest warrant requested for hundreds of millions of won in home appliance defrauding scam; charged with violation of certain economic crimes and aggravated penalties (fraud)

The client, along with his accomplices, received home appliances from the victim company in the name of free gifts. The client bought them and sold them as second-hand goods, defrauding the company of more than hundreds of millions of won. The client came to Ongang Law Firm after the investigative agency requested an arrest warrant based on the facts of the alleged violation of the Act on Aggravated Punishment of Certain Economic Crimes (fraud). ■ Case Issues The investigative agency requested an arrest warrant for our client on the grounds that the crime was serious, there was a high likelihood of future recidivism, and there was a possibility of destruction of evidence in light of the long period of time that our client had committed the crime, the sophistication of the crime, and the actions taken by the suspect to avoid detection during the crime. The investigating agency suspected that the client had committed many other crimes in addition to this one, based on the client's account transaction history. In the second application for the warrant, the investigating agency further proved the conspiracy and organization among the accomplices to detain the client,