Financial Economic Crimes & Financial Regulatory Response

• Represented a major commercial bank that had been notified by the Financial Supervisory Service of severe sanctions in connection with the misselling of Hong Kong HIndex ELS/ELT products, securing a substantial reduction of administrative fines (by several hundred billion KRW) and a downgrade of both institutional and individual sanctions to minor disciplinary measures during the sanctions review process.
• Represented the CEO of a securities firm who had been notified of a "reprimand warning (heavy sanction)" for postfacto provision of benefits in violation of the Capital Markets Act, successfully reducing the sanction to a "cautionary warning (light sanction)" at the Financial Supervisory Service's Sanctions Review stage.
• Represented a former listed company CEO implicated in accounting fraud amounting to KRW 60 billion; secured a full dismissal of charges after proceedings before the Accounting Review Committee, Securities and Futures Commission, and the prosecution.
• Represented a media company owner and construction company chairman accused of KRW 14.8 billion fraud and KRW 1.3 billion embezzlement under the Aggravated Punishment of Specific Economic Crimes Act; obtained denial of the arrest warrant.
• Represented the Chairman of the National Credit Union Federation accused of receiving approximately KRW 260 million in bribes; secured two consecutive denials of arrest warrants.
• Represented a programmer responsible for developing and operating the Chai payment system in connection with the Terra–Luna collapse; obtained denial of the arrest warrant.
• Represented the head of credit review at a financial holding company investigated for alleged involvement in hundreds of billions of KRW in illegal loans orchestrated by senior executives; obtained denial of the arrest warrant.
• Represented an accountant investigated in connection with a Capital Markets Act violation relating to E Motors' acquisition of S Automobile; prevented criminal indictment.
• Represented former and current employees of S Electronics accused of causing approximately KRW 7 billion in damages through inflated pricing of accessories supplied by a foreign vendor; secured denial of all arrest warrants.
• Represented a former chairman of a financial holding company subject to search and seizure; prevented criminal indictment.
• Represented executives accused of providing cash rebates in connection with a KRW 20 billion service contract; prevented criminal indictment through cooperation and defense strategy.
• Represented the owner of a listed company in a breach of trust case under the Act on the Aggravated Punishment of Specific Economic Crimes. Although the Financial Crimes Investigation Unit executed a search and seizure and the case received extensive media coverage, the client was referred to the prosecution without detention after a oneyear investigation, with the police abandoning their application for an arrest warrant.
• Represented a former CEO accused of KRW 7 billion fraud and KRW 2 billion embezzlement; secured nonindictment at both police and prosecution stages.
• Represented a former CEO accused of breach of fiduciary duty involving approximately KRW 15 billion in connection with the sale of a listed company; secured the decision of no allegations found.
• Represented eight executives of a medical foundation accused of breach of fiduciary duty under the Aggravated Punishment Act; secured no allegations found for all parties.
• Represented a KOSDAQlisted company in a disclosure violation case before the Korea Exchange; avoided delisting by helping the client obtain penalty points less than the delisting threshold.
• Represented a pharmaceutical company CEO accused under the Punishment of Tax Offenses Act; secured no violations found on the basis of the lack of intent to evade taxes.
• Represented a victim defrauded of approximately KRW 10 billion over two years; secured the arrest of the counterparty.
• Represented executives of Gangwon Development Corporation in a bidrigging investigation relating to the sale of Alpensia Resort; secured nonreferral for all parties.
• Represented a client in criminal proceedings against a former business partner who had wrongfully taken control of a jointly operated company and refused to compensate for the resulting losses, successfully securing a prompt settlement and recovery of damages.
• Represented a corporate executive who had been referred to the prosecution by the Korea Deposit Insurance Corporation through an investigative referral, obtaining a decision by the AntiCorruption Investigation Division of the Prosecutors' Office not to initiate criminal proceedings.

General Criminal Matters

• Represented a businessperson accused of acting as the leader of a voice phishing organization, who had been arrested pursuant to an arrest warrant, successfully obtaining the dismissal of detention warrant applications on two occasions.
• Represented the CEO of a real estate sales agency who had been referred for prosecution for alleged violations of the Act on the Guarantee of Employees' Retirement Benefits, obtaining a disposition of no charges.
• Represented 39 employees of a food conglomerate in a Labor Union Act violation case; secured denial of arrest warrants for senior executives and nonprosecution for 27 individuals.
• Represented a certified public accountant charged with aggravated theft (punishable only by imprisonment); persuaded the prosecution to amend charges to inducement of theft (punishable by fine), resulting in a fine and preservation of professional license.
• Represented a university professor accused of receiving golf clubs worth over KRW 1 million; proved the statute of limitations had expired, leading to dismissal.
• Represented a graduate student accused of unlawful filming; secured dismissal by demonstrating explicit or implied consent.
• Represented a university student accused of quasirape; secured conditional suspension of indictment based on settlement and mitigating circumstances.
• Investigated and prosecuted management succession irregularities involving KRW 375.5 billion within a major conglomerate family ( L Group).
• Investigated and prosecuted embezzlement (KRW 4.8 billion) and rebaterelated corruption in the dairy supply industry (Company S and Company M).
• Investigated and prosecuted trade secret leakage (KRW 340 billion) involving bribery of key personnel (Company H).
• Investigated and prosecuted lobbying involving a senior government official and the head of the Fair Trade Commission related to unfair commission reductions in a major ecommerce platform.
• Investigated and prosecuted cartel conduct among four major steel companies involving price collusion over seven years.
• Investigated and prosecuted a highprofile legal broker who received KRW 2.8 billion from major construction firms.

Reconstruction & Redevelopment

• Represented a lawyer accused of receiving and attempting to receive breachoftrust bribes totaling over KRW 50 billion and causing damages of KRW 12.8 billion; secured noncustodial trial without reapplication for arrest warrant.
• Investigated and prosecuted redevelopmentrelated corruption involving Construction Company S, including the provision of KRW 1 billion to a cooperative president as part of lobbying efforts for contractor selection; further uncovered during the investigation that cooperative directors who were also local district council members were involved in votebuying in the district council chairperson election, leading to the indictment of all parties.
• Investigated and prosecuted corruption in the XX New Town redevelopment project, in which executives of a major construction company provided KRW 800 million to a maintenance company for lobbying related to contractor selection, and the district mayor received KRW 300 million of that amount.
• Investigated and prosecuted a case in which the CEO and executive director of S Construction received KRW 500 million from the developer of B Hotel, while the developer's CEO embezzled KRW 21.1 billion in corporate funds.
• Investigated and prosecuted a case involving a regional housing association, in which the association president and a demolition contractor engaged in legislative lobbying with the floor leader of an opposition party and provided approximately KRW 200 million to a secretary, while an aide received approximately KRW 200 million in political funds under the pretext of supporting a district mayoral primary and election expenses.
• Investigated and prosecuted a redevelopment association in the Yongsan XX area for violations of the Aggravated Punishment of Specific Crimes Act (bribery), involving KRW 300 million paid to the district mayor and approximately KRW 100 million each to three individuals, including the association president.

Publications

• U.S. Warrant System and Investigative Activities (Research Journal of Prosecutors Training overseas), Legal Training Institute (2012)
• Annotated Criminal Code 10: Articles (7), Pakyoungsa (Joint Authorship) (2023)