The Luxurious Life of a Gambling Site Operator
Illegal Gambling Site Operator
$41 Million, Living a Luxurious Life
An illegal gambling site operator who made hundreds of billions of won was arrested by the prosecution.
Several masterpieces by Picasso, Andy Warhol, and Nam June Paik, a pile of luxury bags, and supercars worth $3 million were found in the house of the arrested ringleader, causing a shock. The 40-year-old male homeowner is a domestic ringleader who laundered black money. The gang laundered the money they made from 16 gambling sites by receiving about $450,000 every day through 100 dummy bank accounts.
They were living a luxurious life pretending to be successful businessmen with stacks of cash they laundered from the gambling site in bundles of about $40.00 bills.
Source: Busan District Prosecutors’ Office
The prosecution handed over to trial nine people, including the 40-year-old male ringleader, who are believed to have laundered or managed about $41 million in black money over four years since 2018.
The prosecution froze 97% of the criminal proceeds, which is about $40 million. Netizens who read this article left comments saying, “Tax the confiscated money and take more,” “Will they do it again after coming out of prison?” and “I can’t believe there are so many people who gamble.”
By. Ji Myoung Han