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BH Online Petition demanding investigation of 370 Million Won Fraud of Standard Charted PB

2019-08-01 17:30 | 이동은 기자 | deun_lee@naver.com
[Mediapen=Lee Won-wu] A victim of 370 million won posted an online petition on the official Cheong Wa Dae(The Blue House) website, demanding an investigation and her money back. The culprit turned out to be her private banker(PB) in charge of her assets.

Source=Blue House Online Petition



The victim stated that the foreign bank where the culprit worked won’t take responsibility and that she could no longer believe the Financial Supervisory Service(FSS), who kept their silence.

She asked for a thorough investigation to restore trust into the state institution and the bank association.

On 2017, the victim entrusted 370 million won to a private banker of Standard Charted who recommended investing in US Treasury bonds.

However, she could no longer contact the banker, who left his company soon with her money. It turned out that the financial instruments that the banker recommended never existed at all.

The victim realized her damage and mistake this year on June. She reported this to the bank, but the reply she received was that this was her fault for being immature.

On a phone call with the press Mediapen, the victim stated that she registered the petition in her frustration and that she is doing her best to catch the banker.

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