Employee and accomplice sentenced to 3 years for embezzling 1.4 billion won worth of metal powder from a metal factory under the guise of "feeding fish to cats"

Ulsan District Court.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] An employee and an accomplice who embezzled metal powder left over after metal processing in the company's production process and pocketed more than 1.4 billion won were sentenced to imprisonment. It was like "entrusting a fish to a cat."

On the 1st, according to the Ulsan District Court Criminal Division 11 (Presiding Judge Park Hyun-bae), a man in his 40s and an accomplice in their 50s who embezzled scrap metal from the metal processing process and pocketed a total of more than 1.4 billion won over eight years were sentenced to prison.

A and B, who were indicted on charges of embezzlement, were each sentenced to three years in prison.

A, who worked at a machine tool manufacturing company in Buk-gu, Ulsan, was indicted on charges of conspiring with B, a tool seller, to resell 5,213 tons of scrap metal on the market from February 2011 to May 2019 and pocketing about 1.442 billion won.

A secretly handed over the scrap metal to B without issuing a tax invoice, and B disposed of the scrap metal, took a portion as a commission, and gave the remaining money to A.

It was revealed that they boldly committed the crime by bringing trucks to the company during working hours and loading the scrap metal.