Police will launch an eight-month special crackdown on illegal acts that disrupt everyday prices from the 3rd through Oct. 31.
According to the Korean National Police Agency on the 2nd, the targets of the crackdown are: ▲ collusion on home prices ▲ hoarding and violations of emergency supply adjustment measures ▲ scalping ▲ rebates in the medical and pharmaceutical sectors ▲ exploiting tariff quotas through loopholes ▲ fraudulent receipt of national subsidies ▲ improper third-party involvement in policy funds ▲ evading limits on rent increases.
Police will form a "task force to eradicate crimes disrupting everyday prices (TF)" led by the Head of Team of the Korean National Police Agency's Investigation Bureau to gather related intelligence and secure enforcement information in cooperation with relevant ministries.
They also plan to promptly open investigations centered on investigative units at each city and provincial police agency and intelligence teams at front-line police stations, and to track down and recover criminal revenue to the end.
National Office of Investigation (NOI) Commissioner Park Sung-ju said, "We will concentrate all investigative capabilities to strongly crack down on crimes that disrupt everyday prices," adding, "We have significantly raised the reward for reports to up to 500 million won, so please report and provide tips actively." Police to launch special crackdown on crimes disrupting everyday prices… aiming at collusion on home prices, hoarding, and more