Foreign national sentenced to four years for laundering 2.19 billion won in stock fraud proceeds

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  • Incheon District Court sentenced foreign national A to four years for laundering stock-fraud proceeds.
  • A was convicted over 2.19 billion Korean won in damages and ordered to forfeit 36 million won.
  • The fraud ring operated from Cambodia and Vietnam between September 23 and November 21 last year.
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