🟠Stealing from public funds is bad enough. Stealing from disaster relief donations to YOLO into crypto? That’s next-level scumbaggery. 

🟠Meet Person A, a South Korean civil servant who embezzled $342,000 from city budgets and flood relief donations — all to fuel his #crypto addiction and pay off debts. The guy even forged documents and used the mayor’s seal to open fake bank accounts and funnel money into investments. 

🟠The scheme ran for six years (2018-2023), but the real kicker? Authorities only caught him after he lost all the money. Classic. 

🟠Now he’s facing five years in prison, though the case is under review — probably because they’re still trying to figure out how he got away with this for so long. 

🟠Meanwhile, South Korea is cracking down on crypto fraud with a permanent investigative unit. Might be a bit late for flood victims, but at least they’re finally locking the doors after the horses have bolted. 

🔤 Moral of the story? If your investment strategy involves embezzlement and mayoral fraud, you might need a new financial advisor.

#ConsumerConfidence @WISE PUMPS