[Edaily Reporter Kwon Oh Seok ] MOBILE APPLIANCE, INC.(087260)announced on the 29th that it is filing a criminal complaint against Mr. Lee, its largest shareholder and former CEO, as well as other related parties, for breach of trust and embezzlement in the course of business. The amount involved in the embezzlement and other charges totals 6.4 billion won. The company explained that it plans to take all necessary measures in accordance with legal procedures—including seeking damages for any future developments—and will actively cooperate with investigations by relevant authorities.
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MOBILE APPLIANCE, INC.: Embezzlement Totaling 6.4 Billion Won Involving Former CEO and Others
Kwon Oh Seok
2026-09-29 17:46:39
Economy
Corporation
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