Muan-gun Conducts Special Crackdown on Illegal Circulation of Local Currency

Strict Penalties Including Fines for Illegal Distribution of Muan Sarang Gift Certificates

[Muan=Asia Economy Honam Reporting Headquarters, Reporter Oh Hwan-joo] Jeonnam Muan-gun is implementing a special crackdown on illegal distribution of Muan Love Gift Certificates and establishing a sound distribution order until the 30th of this month.

In addition to the regular biannual comprehensive crackdown, the county plans to operate a special crackdown period considering the increase in issuance and distribution of gift certificates due to the year-round special discount (10%) and disaster relief fund payments, aiming to prevent illegal distribution in advance.

The main targets of the crackdown are ▲ receiving gift certificates without providing goods or services (so-called Kkang) ▲ franchise stores acting as agents for exchanging illegally received gift certificates ▲ purchasing gift certificates under another person's name and exchanging them.

The county will focus on cracking down on franchise stores vulnerable to illegal distribution of paper-type gift certificates by conducting real-time monitoring such as detecting abnormal transactions through the Korea Minting and Security Printing Corporation's integrated management system.

If illegal distribution activities are detected, franchise registration may be canceled or a fine of up to 20 million KRW may be imposed according to relevant laws, and in cases of serious suspicion of illegal distribution, the police investigation will be requested.

A county official said, "We will eradicate illegal distribution of gift certificates and establish a sound distribution order through continuous monitoring and crackdowns."

Muan=Asia Economy Honam Reporting Headquarters, Reporter Oh Hwan-joo gabrielw@asiae.co.kr

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