Gangwon Province Launches Crackdown on Illegal Distribution of 'Gangwon Gift Certificates'

October 1-20: Direct Visits to Suspicious Franchise Stores by City and County Inspection Teams

Photo materials [Gangwon-do]

[Asia Economy Reporter Ra Young-cheol] Gangwon Province will conduct a comprehensive crackdown on the second half of the year’s 'Gangwon Gift Certificate Fraudulent Distribution' from October 1 to 20, following the occurrence of fraudulent distribution (such as cashing through trading sites and cafes) related to the expansion of gift certificate issuance and the payment of the Win-Win National Support Fund.

According to the province on the 30th, the main targets of the crackdown are ▲ cases where gift certificate affiliated stores operate in restricted business sectors ▲ acts of receiving gift certificates without selling goods or providing services (so-called 'Kkang') ▲ acts of receiving gift certificates through transactions exceeding actual sales amounts.

In addition, ▲ acts of mediating the exchange of gift certificates fraudulently received by individual affiliated stores ▲ refusal of gift certificate payments or unfavorable treatment of gift certificate holders ▲ acts where store owners continuously purchase gift certificates under another person's name and then exchange them are also included.

The province will conduct prior analysis based on specific transaction monitoring through the operating agency and gift certificate program, as well as reports from residents on fraudulent distribution, and then directly visit suspicious affiliated stores with city and county crackdown teams to enforce the measures.

Furthermore, affiliated stores caught will face administrative actions such as guidance, cancellation of store registration, imposition of fines, and recovery of unfair profits according to relevant laws, and if serious fraudulent distribution is confirmed, the police will be requested to investigate.

Park Yoo-sik, Director of the Social Economy Division, said, "Stores suspected of fraudulent distribution will be strictly punished according to the law through investigations, and we will ensure that gift certificates are circulated soundly through continuous monitoring."

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