Vietnamese woman arrested for allegedly embezzling over $185,000 from S.Korean companies

March 06, 2024

Police in Da Nang City, central Vietnam detained and initiated legal proceedings on Tuesday against a 36-year-old woman who acted as the executives of two companies owned by a South Korean man for allegedly appropriating VND4.6 billion (US$185,823) from the firms. According to an initial investigation, L., a South Korean, sought to invest in Vietnam. He engaged Do Thi Ha Xuyen, a resident of Cam Le District in Da Nang, to handle the establishment procedures for two companies: K.S. As L. was not consistently in Vietnam, he appointed Xuyen as the managing director of K.E. She adjusted figures in the reports and bank statements sent to L. to conceal her acts.

The source of this news is from Tuoi Tre News