Electronic violinist Yujin Park's biological aunt was accused of misusing a large sum of money, but the prosecution ultimately determined there was no merit to the allegations. She has been cleared of suspicion.
According to the legal community on the 25th, the Seoul Central District Prosecutors' Office dismissed the embezzlement case filed against Aunt A (Mr. Yoon) by Yujin Park's limited guardians on the 29th of last month, citing 'lack of prosecution.' The complainants asserted that A mismanaged assets worth approximately 5.6 billion won, under Yujin Park's name, including real estate and deposits, and that she arbitrarily used about 2.8 billion won of this amount.
However, the prosecution did not accept these claims. Attorney Park Jun-seon of the law firm Woosong, representing A, stated, "The inheritance left after Yujin Park's mother passed away in 2015 amounted to about $3.05 million (around 4.2 billion won) and is currently being maintained at a stable level of around $3.1 million."
He continued, "A is the trustee of the 'Yujin Park Trust' in the U.S., and has managed the assets in accordance with U.S. court orders and proper delegation procedures," adding, "During the investigation, we provided clear evidence such as bank balance certificates and account statements from American financial institutions to prove that the assets were managed transparently."
A's side strongly refuted the embezzlement allegations, emphasizing, "Yujin Park's assets are strictly managed in a trust form, and there is absolutely no fact that A arbitrarily consumed any assets." They also claimed, "Some limited guardians have requested the remittance of assets in the U.S., but this was rejected according to proper trust management principles, leading to this unfounded accusation."
This case first came to light in May through a report by MBN which stated, 'Yujin Park filed charges against her aunt for embezzlement.' The report claimed that the aunt arbitrarily used deposits totaling approximately 2.8 billion won under Yujin Park's name, but it later emerged that the actual complainants were not Yujin Park herself but her limited guardians, attorney Song and Mr. Park.
In response, A's side stated, "The claims made by the limited guardians are merely unilateral assertions, and it has now been clearly established through this prosecution's non-indictment decision that there is no legal basis for them," and added, "Not a single won of Yujin Park's assets in the U.S. has been improperly consumed. We hope this outcome clarifies the misunderstandings we have unfairly experienced."
[Photo] Broadcast capture
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