Paul Hastings Provides Pro Bono Support to Taejon Christian International School In Fraud Investigation
Seoul – Paul Hastings LLP, a leading global law firm, announced today that the firm assisted the Taejon Christian International School (TCIS), a Christian missionary school based in South Korea, on a pro bono basis in the investigation of a US $5.5 million fraud perpetrated against the school.
Federal prosecutors from the United States Attorney’s Office for the Southern District of New York successfully prosecuted New York State resident William Cosme in connection with a scheme to defraud the Taejon Christian International School.
Joon H. Kim, the Acting United States Attorney, stated that a unanimous jury concluded that William Cosme defrauded the school out of money it needed to carry out its mission of educating children, and spent the money the school entrusted to him on his own lavish lifestyle. Cosme now faces prison time for his crimes and will be sentenced on June 21, 2017.
“We are honored to represent TCIS for such a good cause,” said Jong Han Kim. “We will continue to assist the school in its efforts to recover the funds so the money can be returned for the benefit of the students and their parents.”
At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.