Police arrest 59 people for illegally arranging policy fund loans worth 500 billion won... Take 25 billion won

A group of brokers who arranged for policy funds loans, in which the government lends money at low interest rates to small and medium-sized enterprises and small business owners, and collected commissions were caught by the police.

According to the police on the 12th, the metropolitan crime investigation unit of the Seoul Metropolitan Police Agency sent 59 people, including brokers from 30 loan brokerage companies, without detention at the end of last month on charges of violating the loan business law.

They are suspected of arranging government policy fund loans worth a total of 500 billion won and pocketing approximately 25 billion won by receiving 5-7% of the loan amount as a commission.

It helps with complex procedures such as filling out the necessary documents when applying for policy loans such as start-up subsidies.

In addition, 12 education company officials who taught this kind of sales method to 1,600 students and received tuition fees of about 20 billion won were also arrested on charges of aiding and abetting violations of the loan business law and handed over to the Public Prosecution Office.

It was found that they demanded 15 million won in tuition for a 9-week training course and 33 million won for one-on-one mentoring.