invoice fraud Korea 17-03-2014 Sixteen local banks financed close to EUR200 million in forged receivables Company’s employee took out 280 billion won in receivables backed loans Company’s employee took out 280 billion won in receivables backed loans An affiliate of local communications giant KT Corp.…… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here #banks#bonds#receivables#WHO