Yeosu Sarang Gift Certificates, Nationwide Crackdown on Illegal Distribution Launched
Fines Imposed for Illegal Distribution
Strong Measures Including Franchise Registration Cancellation
Yeosu City, Jeollanam-do (Mayor Jeong Gi-myeong) announced that it will conduct a comprehensive crackdown on the illegal distribution of Yeosu Love Gift Certificates from the 17th to the 27th to establish a sound distribution order.
This comprehensive crackdown will target branch stores using paper-type gift certificates, which are vulnerable to illegal distribution. After pre-analyzing suspicious stores through citizen reports and monitoring with the ‘Abnormal Transaction Detection System,’ enforcement teams will be deployed on-site.
The main targets of the crackdown include △receiving or exchanging gift certificates without selling goods or providing services △receiving or exchanging gift certificates through transactions exceeding actual sales amounts △branch stores operating in restricted business sectors △refusing gift certificate payments or treating users unfairly.
The city plans to impose administrative and financial penalties such as fines up to 20 million KRW, cancellation of branch store registration, and recovery of unfair profits in accordance with relevant laws if illegal distribution activities are detected. Depending on the severity of the case, the city will also request police investigations.
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Jo Yong-yeon, Director of the Regional Economy Division, said, “To eradicate illegal distribution, we will conduct regular crackdowns, enforce mandatory registration of street vendors as branch stores, and put more effort into promoting card-type gift certificates with higher transparency. We ask for the active cooperation of citizens and small business owners for this.”
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