SEOUL, Oct. 25 (Korea Bizwire) — It was found that a North Korean department store is openly selling counterfeits of global luxury brands. According to a recent report by DPRK Today, a Chinese-based North Korean propaganda outlet, a variety of counterfeit foreign luxury items were showcased at a consumer goods exhibition held at the Pyongyang [...]
SEOUL, July 5 (Korea Bizwire) — The number of fake South Korean banknotes found here continued to decline in the first half, and the combined face value of the counterfeits also dropped sharply, central bank data showed Sunday. In the January-June period, the number of counterfeit banknotes found here came to 129, down 19.4 percent [...]
SEOUL, Jan. 29 (Korea Bizwire) — The number of counterfeit South Korean banknotes dropped to a new record low in 2019, the Bank of Korea (BOK) said Wednesday, due to what it called an enhanced security system that quickly leads to the arrest of those who produce or use fake bills. In 2019, the number [...]