Imsil-gun Conducts Comprehensive Crackdown on Illegal Distribution of Local Gift Certificates

[Asia Economy Honam Reporting Headquarters Reporter Park Nosik] Imsil-gun, Jeonbuk Province, announced on the 16th that it will conduct a comprehensive crackdown until the end of this month, together with Jeonbuk Province, to preemptively block the fraudulent distribution of local gift certificates and ensure their stable establishment.

This crackdown is being promoted to prevent fraudulent distribution in response to the expanded issuance of local love gift certificates this year.

According to the compliance and penalty provisions of the Act on the Promotion of Use of Local Love Gift Certificates, which has been in effect since July last year, merchants and purchasers disrupting the distribution order of local currency may be punished according to relevant laws.

The main targets of the crackdown are ▲ merchants operating in restricted industries such as gambling industries ▲ receiving gift certificates without selling goods or providing services ▲ receiving gift certificates exceeding the actual sales amount.

When fraudulent distribution is discovered, acts of illegal sale or exchange will be fined up to 20 million KRW, and refusal or obstruction of investigations regarding violations will be fined up to 5 million KRW.

In particular, merchants violating related regulations will have their registration canceled, and individuals will face disadvantages such as restrictions on purchasing gift certificates.

Since this month, the county has been strengthening monitoring through the newly introduced integrated gift certificate management system to thoroughly prevent fraudulent distribution by monitoring cases such as repeated payments of a certain amount over a certain period at merchants.

Additionally, the county operates a resident reporting system and enhances abnormal transaction detection in the integrated gift certificate management system, actively responding to fraudulent distribution by investigating actual transaction details filtered accordingly, and plans to request police investigations for serious cases.

County Governor Shim Min said, “Local gift certificates play a supporting role in the local economy, but fraudulent distribution is a criminal act, and we will respond strictly when violations are detected.”

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