(Society) Only 16% of illegal debt collection offenders were sentenced to prison… 38% of the maximum fine

According to the Supreme Court’s judicial yearbook data, 13 of 78 first-hearing decisions violating the Debt Collection Law last year resulted in prison sentences; This rate corresponds to only 16.7%.

The most common was fines at 38.5%, followed by suspended prison sentences at 23.1% and suspended fines at 6.4%.

Last year, five of the first 50 trial verdicts resulted in prison sentences and suspended prison sentences; this rate was only 10% compared to last year.

Under the Debt Collection Law, attacking, threatening or detaining debtors or related persons can result in imprisonment of up to five years or a fine of up to 50 million won.

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