Gyeonggi police arrest 59 over suspected gambling-site money laundering
Police in South Korea’s Gyeonggi Province arrested 59 people in raids targeting a group suspected of laundering money for illegal gambling sites, according to the report. Seven people were remanded in custody, and courts approved a freeze on accounts holding more than 1.752 billion won. Police said the suspects face charges including organized crime and violations of financial-transaction laws.
The arrests and account freeze target financial services allegedly used by illegal gambling networks.