< img src = "/uploads/blogs/ff/9b/ib-fcbin9u_fd28e3cc.jpg" Alt = "South Korea official put in crypto assets stolen in the city by fake documents $ 342 000"/ < p > in the case of fraud of South Korea official on conducting personal cryptocurrency operations at the expense of public funds, evidence of forgery of documents and unauthorized use of the mayor seal appeared. This is stated in the audit report of the audit council and inspection (BAI).
< p > in December 2024 a civil servant whose name is not disclosed, received a five -year prison term for appropriation of city budget funds and state organizations worth $ 342,000 (496.8 million Korean at the time of writing). < p > Local media reported that the official had stolen funds for six years, from November 2018 to May 2023.< p >The case is in trial in the highest court that can review or cancel the sentence.
< P > According to the conclusions of BAI, the appropriation of a large amount of funds for a long period was made possible by the carelessness of the mayor of Chondj in the storage and use of official seal, direct manager in accounting and safety management, as well as insufficient internal control. < P > The attacker put stolen funds in cryptocurrency and used to repay personal debts, which probably accumulated as a result of unsuccessful investment decisions, journalists said.
~ ~ < P > Investigation Bai found that the official had access to several seals of the city council of the city and to the seals of third parties, which allowed him to repeatedly conduct fraudulent schemes. < p > & laquo; he could forge the costs of projects and approve electronic transactions without proper control by management that did not check the legitimacy of these requests & raquo ;, & mdash; underlined in the report.< P > According to the results of the audit, BAI recommended the city to take disciplinary measures for a manager from seals and called for caution of four direct executives of a fraudster.
~ ~ < P > In addition, the city has issued an institutional warning to ensure careful completion of appropriate tasks to prevent cases where theft is not detected or prevented on time due to low internal control.
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