An employee suspected of embezzling more than 10 billion won from Woori Bank in South Korea said during a police investigation that he invested most of the embezzled money in virtual currencies. According to the police, A admitted to his embezzlement and made relevant statements during the previous investigation. A worked at a branch of Woori Bank and was suspected of stealing loans by forging loan applications and deposit-related documents from the beginning of this year until recently. Woori Bank found an abnormality in the loan process and asked A to explain. A surrendered the day before. Police believe that A invested the misappropriated funds in virtual currencies and overseas futures, losing about 4 billion won. According to reports, the employee initially invested a small amount of money in virtual currency, but as he lost money, he invested more and more money. Police are investigating whether he had any accomplices in the embezzlement process and plan to apply for an arrest warrant against him soon.