Seojeong Art Center Ponzi scheme... Police take out the knife to the noodle bone

Ki-chan Oh of Law Firm Tong is representing the victims in the Seojeong Art Center case and is handling the investigation and prosecution. Pointing to the fact that the case has been going on for more than nine years and the large-scale flow of funds, Oh said that it is more likely that there are multiple interveners or organizational collusion than that Lee Dae-hee acted alone. Based on the investment through an insurance company and the financing structure that mobilized famous paintings, Oh emphasized the need to expand the investigation by raising the possibility of the involvement of multiple parties, including general directors, internal directors, and dealers. Currently, the police have conducted arrests and raids on suspicion of violating the Fraud and Similar Acts Act and are investigating multiple complaints. Mr. Oh urged victims to actively come forward and provide information in order to recover damages and fully investigate the case. He emphasized that if the victims remain silent, there is a high risk that the investigative agencies will only end up punishing representative individuals, and that a broader investigation of accomplices and submission of evidence is necessary to achieve real damage recovery and accountability.