Gallery K Case, Seoul Metropolitan Police Agency's direct investigation..."Expanding the investigation".

2024.10.07. PM 6:20
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The Seoul Metropolitan Police Agency has decided to investigate the gallery K-related case, which was suspected of swindling around 100 billion won.

The Dongdaemun Police Station in Seoul said it transferred the Gallery K case, which was being investigated, to the Seoul Metropolitan Police Agency's Criminal Guard.

A police official explained that the Seoul Metropolitan Police Agency decided to investigate the case directly due to the large scale of damage and complicated matters.

Gallery K has attracted investors, saying investing in art guarantees a 7% to 9% annual return through exhibitions or rentals, but is suspected of actually turning it back with the money of subordinated investors.

Investors who have not received the proceeds have filed a collective complaint since July, and the law firm that represents the victims estimates that the damage will be at least 100 billion won.


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