Arrest warrant sought for KJ Choi Foundation employee over embezzlement
Prosecutors said Friday they have filed for arrest warrants for an employee of golfer Choi Kyoung-ju's charity foundation and an insurance broker on charges of embezzlement.
Prosecutors launched the investigation after Choi's wife, surnamed Kim, sued the KJ Choi Foundation employee and the insurance broker last December, according to the Seoul Central District Prosecutors' Office. Kim alleged that the two embezzled 2.2 billion won ($1.9 million) of Kim's insurance money and bank deposits.
Kim also claimed the foundation employee, known by the surname Park, and the insurance salesman, named Cho, forged bank documents to misappropriate her money, prosecutors added.
The foundation, named after Choi's more famous initials used on the PGA Tour, was set up in 2007 to offer financial aid and scholarships for young golfers and underprivileged youths.
The 41-year-old is the first Korean to win on the PGA Tour and has eight wins in his career, the most among Koreans. (Yonhap)