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Drunk Driving Causing Billions in Economic Losses: Study

Drunk Driving Causing Billions in Economic Losses: Study

SEOUL, Dec. 20 (Korea Bizwire) – Driving under the influence is both legally and morally irresponsible, unnecessarily putting at risk the lives of innocent bystanders.  Unfortunately, a significant number of Koreans still fail to recognize the dangers of drunk driving, and the lukewarm legal punishment of DUI offenders, even when there are fatalities, is seemingly [...]

20 People Faked 117 Car Accidents Using Scrapped Imported Cars for 5 Years

20 People Faked 117 Car Accidents Using Scrapped Imported Cars for 5 Years

SEOUL, March 23 (Korea Bizwire) — The Financial Supervisory Service (FSS) has caught 20 individuals who faked car accidents using scrapped imported cars to seek insurance payouts. The suspects, who are not related to each other, received a total of 1.3 billion won (US$ 1.16 million), or 65 million won (US$ 58,200) in compensation on average, by [...]