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Gold Smuggling Soars, Using “Classic Tricks”

Gold Smuggling Soars, Using “Classic Tricks”

INCHEON, Dec. 29 (Korea Bizwire) – The Korea Customs Service announced Thursday that gold smuggling has risen rather dramatically since 2011, with 99 cases last year worth 9.1 billion won ($7.5 million) in total value.  According to the KCS, inbound gold smuggling cases dropped following the 2008 financial crisis, from ten cases (33.2 billion won) [...]