Shinhan Bank Employee Embezzles 1.7 Billion Won and Disappears... Police Launch Manhunt

A Shinhan Bank employee is being pursued by the police after a complaint was filed alleging he embezzled over 1.7 billion KRW and disappeared.

On the 20th, the Gangdong Police Station in Seoul announced that they have booked employee A, who worked at Shinhan Bank's Apgujeong branch, on charges of embezzlement in the course of duty.

A is suspected of embezzling approximately 1.7 billion KRW while handling export-import trade account-related tasks at the Apgujeong branch and other locations from December 2021 to July 2024. It is reported that A forged export-import business documents to create false loans and siphon off funds.

A transferred from the Apgujeong branch to another branch before resigning and has since gone missing.

The police are currently trying to determine A's whereabouts. A police official stated, "The complaint was filed after A fled," adding, "We are currently tracking him."