SC First Bank reports 13 billion won fraud incident during internal investigation

A financial accident occurred at SC First Bank involving an amount around 13 billion won.

SC First Bank disclosed on the 24th that an incident involving fraudulent document collection related to transaction activity occurred. The incident period lasted from February 2022 to June of last year, with a total amount of 13.031 billion won. SC First Bank discovered this incident during its internal investigation.

SC First Bank is assessing the exact circumstances of the incident and the loss amount, and plans to improve related business processes.