Manufacturer employee who siphoned off 10 billion won worth of coils will be sentenced to prison

The Daegu District Court sentenced 41-year-old A, who was put on trial for stealing 10 billion won worth of iron plate coils while working for an auto parts manufacturer, to 12 years in prison.

In addition, 50-year-old B, the representative of a steel company, was sentenced to seven years in prison for receiving coils from A and selling them to other companies.

The court explained that their crimes have reduced trust in auto parts companies and given relative deprivation to those who live faithfully, which is highly likely to be criticized.

Mr. A was accused of manipulating the company's system for three years from 2019 and taking out 10 billion won worth of iron plate coils to Mr. B's company without permission.It turns out that Mr.

B sold the coil he received to another company or processed it and sold it back to the victim company where Mr. A works, converted it into cash, and shared the proceeds.