Gwangju 'Duplicate Sale' Fraud: Arrest Warrants Requested for Sales Agency CEO and Others

[Asia Economy Honam Reporting Headquarters, Reporter Yoon Jamin] The Gwangju Dongbu Police Station announced on the 25th that it has applied for arrest warrants for two individuals, including A, the representative of a sales agency, in connection with a multi-billion won duplicate sales fraud.

They are suspected of inducing prospective residents without membership qualifications or members to deposit up to 80 million won into a past association promotion committee account instead of the designated account, thereby embezzling the money.

They are accused of committing duplicate sales fraud involving up to four units per household targeting prospective residents.

It is known that more than 120 victims have filed complaints claiming to have suffered from duplicate sales fraud, with the total damage amounting to approximately 7.6 billion won.

The police are continuing their investigation based on materials secured through searches of the association and sales agency offices.

This content was produced with the assistance of AI translation services.