South Korea authorities are tracing payment service providers who allow gambling transactions in the country. The investigation is launched by the Financial Supervision Service (FSS), the South Korea Financial Supervision Authority, which was called “criminal organizations”.
Most payment processors will not be aware of this type of transaction, but the organizational group is now taking a step in the process instead of the source. Speak in a statement, as I mentioned before Gambling newsFSS said:
“The illegal gambling has evolved into a sophisticated digital process. We will enhance cooperation with public prosecutors and press for legislative changes to close the regulatory gaps that these platforms use.”
The reasons behind the investigation indicate previous examples of payment providers that allow criminal activity under their watch. An example is the fraudulent e -commerce site that presented sports under the cover.
Gambling is mostly illegal in South Korea, as is the case with Japan and China, but it allows gambling in specific locations and restricted sports gambling, as well as the lottery.
South Korea enhances illegal gambling
In recent months, South Korea has struggled and other areas in the vicinity while maintaining the top of the illegal gambling. We have reported multiple cases of the country either the investigation or the shipment of people in 2025. In April, Busan police arrested The person who was running the gambling ring of 800 billion WNA ($ 557.3 million).
South Korea has witnessed the site of gambling due to Relationships with North KoreaWhere gambling (clearly) is also illegal. In June, the Korean police set another game I managed to get $ 18.2 million in betting.
Celebrities were also arrested, with a The comedian who faces the prosecution After she was able to spend nearly $ 2 million on illegal law.
One of the only sites in South Korea that allow the local population to gambling, Kangwon Land had to go forward Warning citizens of possible casino fraud. It was reported in June, the casino found that a personality was impersonated on the Internet and tried to curb the potential victims of the fact for the fraud.
Pamphlet South Korea begins to investigate the provider of payment services on illegal gambling First appear on reading.
[og_img]
Source link