Bong Soo Kim, Korea Times Ad Rep, Busted for Allegedly Embezzling $140,000
Garden Grove police today arrested a Korea Times advertising representative for allegedly having businesses write checks in his name that were deposited into his personal account--to the tune of more than $140,000 over the past two years.
Bong Soo Kim, 52, was booked into Orange County Jail on suspicion of grand theft and embezzlement.
Possibly not one of the suspect's client ads.
Publishers discovered the thefts in 2010 and began an investigation with the Garden Grove Police Department.
Kim, who has worked as an advertising agent with the newspaper for 20 years, in 2009 began having his clients make checks out to him, according to police.
A search warrant served at Kim's Fullerton residence today uncovered bank records and tax statement related to the case, police say.
The department claims Kim confessed to the crime and stated that his wife's business was in financial trouble and he was trying to keep it afloat.
No stolen money has been recovered.
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