Dispatch reveals Yang Hyun Suk illegally gambled in Las Vegas

ChooChoo

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Yang Hyun Suk is under suspicion of gambling overseas.

On August 8, the Seoul Regional Police Intellectual Crimes Task Force cleared up reports of the former YG Entertainment's charges, stating, "We were given information, so we started an inside investigation. He has not been booked."


Earlier today, reports alleged Yang Hyun Suk had gambled a total of 1.3 billion Won ($1,074,066.50 USD) overseas, which is illegal for Korean citizens who can face up to 3 years in prison for overseas gambling.

Stay tuned for updates.


 

Hormones

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I'm pretty sure that's illegal to gamble anywhere in the world if you're a SK citizen.
Why is this guy doing so much stupid shit .... and using his own card for the transactions is just asking "hey I give no fucks, what you gonna do about it"
This man is just a 🤡
 

CallMeCat

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SInce he won't probably be booked for anything, Dispatch is trying to ruin his reputation completely.
 

Vante

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1.3 billion won?? 😱
Does he know what better things he can do with that amount??
 

Kyon

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he probably laundered his drug money that way 🤷‍♂️
 
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whisky23

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It's a very strange law, honestly
Yeah. The Arabs will probably be stoned or whipped publicly if they gambled on Saudi soil. But that you'll find them (including the Saudi royalty) spending lavishly at US and EU casino is an open secret.
 
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Joker

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Hes money laundering seungri was doing the same. Fake gambling losses.



A prosecution official shared that the “save bank” Seungri was referring to is like a trading market managed by the casino where many foreign gamblers keep their money, but that it violates the Foreign Exchange Control Law.

Due to Korea’s nationality principle, Koreans can still be punished for gambling in an overseas casino in spite of the fact that gambling may be legal in that country. The prosecution official added, “You have to know the detailed circumstances to know what kind of punishment he could receive. The amount of money gambled and frequency of visits have to be considered.

The official stated, “If you leave your money with the save bank and then want to receive the money in Korea, you have to use a broker and pay them a fee. Since this doesn’t technically count as bringing money into Korea, they can avoid being exposed by the financial authorities.



Police also believe these “marketers” provided money to high-roller customers from foreign countries who want to bypass the United States’ Foreign Exchange Transactions Act. In exchange, the “marketers” would receive a commission based on how much money the customer won. Travelers entering the United States are allowed to enter with $10,000 without declaring it to customs.
 
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