Embezzlement scandal hits NCsoft

Three NCsoft employees have been caught embezzling funds from one of the company’s newer titles, a multiplayer mech shooter named Project HON.

The theft, which was measured in “tens of millions of Korean won,” also involved a third-party company. NCsoft has fired the employees and is considering filing charges against them. The company is also conducting an internal audit and has said that development of Project HON will continue as planned.

[Source: MMO Culture, 10Korea.com]
SHARE THIS ARTICLE
Code of Conduct | Edit Your Profile | Commenting FAQ | Badge Reclamation | Badge Key

LEAVE A COMMENT

65 Comments on "Embezzlement scandal hits NCsoft"

  Subscribe  
newest oldest most liked
Subscribe to:
Celestia
Guest
Celestia

There aren’t enough eye rolls in the known universe to register my true feelings on this matter.

srmalloy
Guest
srmalloy

LoganDarklighter Also ‘epicaricacy’, but that’s a more obscure word.

srmalloy
Guest
srmalloy

Loyheta It’s not the law that’s going to punish them, it’s the culture. The embezzlers have demonstrated a complete lack of proper respect for their place in the corporate power structure, and they’re going to have bow and scrape for decades before they ever get a position anywhere but the rock bottom shit jobs.

kofteburger
Guest
kofteburger

Loyheta kofteburger BoredNow it’s a joke not trolling. At first I did thought it meant win.

Nate Woodard
Guest
Nate Woodard

Sorenthaz Nate Woodard spacetail Heh, Nexon won’t be able to use this as a means for a hostile takeover.  NC Soft was protecting their funds and assets, found embezzlement within their company and took the appropriate action.  I think they definitely need to file criminal charges against those responsible and collect damages.  This will strengthen their plight against Nexon in the long run.

Loyheta
Guest
Loyheta

kofteburger BoredNow On the off chance you are not trolling.. their currency is called ‘won’

Loyheta
Guest
Loyheta

so a million won = 878 dollars… so tens of millions equals several thousand dollars… and they are “considering” filing charges. Ah they only stole 15 thousand dollars… no biggie /sarcasm

Sorenthaz
Guest
Sorenthaz

Nate Woodard Sorenthaz spacetail  Because they can be all like “oh look at how irresponsibly you’re using money, we’ll take it over from here boys!” …or something.  
I don’t know how business politics work.  But if Nexon is intent on trying to take over NCSoft then they’ll probably grab at whatever openings they can.

Nate Woodard
Guest
Nate Woodard

Yes, it’s not that much money, and yes I get that people don’t like NC Soft for various reasons, but come on.  If this was my company, I would be livid.

Nate Woodard
Guest
Nate Woodard

ZNSinger ManastuUtakata Eliandal Flimflamberge I agree, but he used terrible wording for that.  It’s pretty easy to ignore the rest of the sentence when you begin one the way he did.