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30s Business Owner Caught for Sales Manipulation, Pocketed 64 Million Won in Premium Fees

A man in his 30s who inflated his store's sales figures to receive a premium payment has been apprehended by the police.

30s Business Owner Caught for Sales Manipulation, Pocketed 64 Million Won in Premium Fees

Gwangju Bukbu Police Station announced on the 13th that they have booked a man in his 30s, identified as A, without detention on charges of fraud for manipulating store sales data to obtain a premium payment.


A, who operated a franchise pub, is accused of inflating the store's monthly sales by 10 million won each month over five months last year and then receiving a premium payment of 64 million won from B, who took over the store.


After discovering that actual sales were lower than expected, B contacted the headquarters, which led to the exposure of A's manipulation. B subsequently filed a complaint with the police.


The investigation revealed that A had manipulated the payment terminal to create false sales records. It is reported that the embezzled money was used for other business ventures.


The police plan to refer the case to the prosecution after investigating whether there were any additional offenses.




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