A man in his 20s sentenced to 2 years and 6 months in prison for deliberately causing dozens of traffic accidents and pocketing over 200 million won

Collected a Large Sum of 250 Million Won through 'Boheombbang'
Court: "High Potential for Social Criticism and Many Victims"

[Asia Economy Reporter Oh Gyumin] A man in his 20s who was prosecuted for collecting insurance money through so-called ‘insurance fraud’ by deliberately causing traffic accidents dozens of times was sentenced to prison in the first trial.

On the 13th, Chief Judge Ji Sangmok of Criminal Division 7 at the Seoul Western District Court announced that Yoo Mo (23), who was indicted for violating the Special Act on the Prevention of Insurance Fraud and embezzlement of lost property, was sentenced to 2 years and 6 months in prison. Im Mo (22), who was also indicted for violating the Special Act on the Prevention of Insurance Fraud along with Yoo, was sentenced to 1 year and 4 months in prison.

Judge Ji pointed out, “The defendants’ insurance fraud acts using automobiles with multiple accomplices pose a risk of causing injury to others or the possibility of causing such harm, and these crimes undermine the sound development of the insurance industry, making their criminal nature serious. There is significant social condemnation, many victims, and no restitution has been made.”

However, Judge Ji explained the sentencing reason by stating, “Considering that the defendants committed these crimes under difficult economic circumstances and are reflecting on their wrongdoings.”

Yoo was indicted for deliberately causing traffic accidents 30 times from January last year with acquaintances to secure living expenses and collecting about 250 million won from insurance companies.

Yoo is also accused of embezzling a resident registration card and a driver’s license lost by a victim in Haeundae-gu, Busan, around June 2020.

Im was indicted for obtaining about 60 million won in insurance money nine times using the same method along with Yoo.

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