Notice on Intensive Crackdown on Illegal Distribution of Gimhae Love Gift Certificates in Gimhae-si, Gyeongnam. (Photo by Gimhae-si)

Notice on Intensive Crackdown on Illegal Distribution of Gimhae Love Gift Certificates in Gimhae-si, Gyeongnam. (Photo by Gimhae-si)

View original image

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Sang-hyun] Gimhae City, Gyeongnam, will intensively crack down on the illegal distribution of Gimhae Love Gift Certificates from the 16th to the 31st.


The city has formed a joint crackdown team with the Gimhae Small Business Association and will conduct inspections after pre-analyzing suspicious franchise stores involved in illegal distribution based on data provided by the Korea Simple Payment Promotion Agency.


Additionally, during the crackdown period, a resident reporting system will be operated to enhance enforcement efficiency.


The targets of the crackdown include franchise stores that receive gift certificates despite not having franchise qualifications, acts of exchanging gift certificates fraudulently received by individual franchise stores, receiving gift certificates without providing goods or services, and franchise owners who continuously purchase gift certificates under another person's name and exchange them.


If illegal distribution of gift certificates is detected, a fine of up to 20 million KRW will be imposed and recovery measures will be taken according to relevant laws. In cases of serious violations, the city plans to request investigative cooperation from related agencies.



Mayor Heo Seong-gon stated, “Pursuing unfair profits by abusing the system undermines the meaning of a good system, so we will strictly crack down and punish such acts to ensure that the purpose of the Gimhae Love Gift Certificates, which is to revitalize the local economy, can be maintained for a long time. We ask for the interest and active cooperation of all citizens.”


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing