Tag: Optimus fund

Optimus fund

Latest News

Optimus Asset Management's office in Gangnam District, eastern Seoul, in 2020. [NEWS1]

Korea's Supreme Court sentences Optimus Asset Management CEO Kim Jae-hyun to 40 years

The Supreme Court of Korea upheld a ruling by the lower courts to sentence Kim Jae-hyun, the CEO of Optimus Asset Management riddled in one of the largest fund fraud schemes in Korea’s history, to 40 years in prison.

2022.7.14

Optimus Asset Management office in Gangnam, Seoul, 2020. [YONHAP]

NH Investment and Hana Bank punished in Optimus case

The Financial Services Commission on Wednesday said it will prohibit NH Investment & Securities from selling new private equity funds for three months. The brokerage firm was also hit with a fine of nearly 5.2 billion won.

2022.3.2

Optimus continues to unravel as two more funds frozen

Optimus Asset Management has suspended withdrawals from two more funds, taking customer money now on lockdown to 90.6 billion won ($75 million) in six funds.

2020.6.25

Tag: Optimus fund

Optimus fund

Latest News

Korea's Supreme Court sentences Optimus Asset Management CEO Kim Jae-hyun to 40 years

NH Investment and Hana Bank punished in Optimus case

Most popular

Yoon Suk Yeol gets five years on abuse of power, obstruction charges — as it happened

Xdinary Heroes' Gunil leaves band following fan insult allegations

Institute says Ha Young's great-grandfather was collaborator but below threshold for listing

Barcelona thump Daegu 5-0 to wrap up Korean tour — as it happened

Grammys rethink Asian pop category after BTS boycott: Reports

Optimus continues to unravel as two more funds frozen