Brokers conspired to make 13.2 billion won illegal loans...Bank branch manager prosecution

2025.01.15. PM 4:21
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Chungju Branch of the Cheongju District Prosecutors' Office handed over two people, including former Nonghyup Bank branch manager A, to trial on charges of conspiring with loan brokers to illegally lend 13.2 billion won.

Eleven people, including the former head of Nonghyup Bank's credit team and an employee of an appraisal firm, who participated in the crime were indicted without detention.

They are accused of making 13.2 billion won in illegal loans by falsifying collateral sales contracts and inflating the value of real estate for more than five years from 2018.


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