Prosecutors raided the headquarters of Deutsch Motors on suspicion of issuing fake tax invoices worth about 10 billion won to evade taxes.
According to legal sources on the 21st, the Seoul Central District Prosecutors' Office's Tax Crime Investigation Department (Director General Yong Tae-ho) has been securing related materials for the second day since the previous day at Deutsch Motors' Seoul headquarters. Deutsch Motors is suspected of issuing fake tax invoices worth about 10 billion won. The alleged charges include violations of the Act on the Aggravated Punishment, etc. of Specific Crimes (tax offenses).
The investigation was reportedly launched following a complaint from the National Tax Service. The National Tax Service filed a complaint with prosecutors against Deutsch Motors in May and also conducted an ad hoc tax audit of Deutsch Motors in Nov. 2025.
Deutsch Motors is BMW's domestic distributor. It has also been the subject of investigations and trials over a stock manipulation case involving Kim Keon-hee.
In connection with the stock manipulation case, former Deutsch Motors Chairman Kwon Oh-su received a suspended prison sentence in Apr. 2025. Early this month, in the appellate trial on charges including violations of the Financial Investment Services and Capital Markets Act, part of the allegation that Kim participated in price rigging was found guilty, and she was sentenced to four years in prison.