• 2026.03.22 (Sun)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Synthesis

20-Year-Old Sentenced to 2 Years for Managing 20 Billion Won Illegal Gambling Ring in Cambodia

ONLINE TEAM / Updated : 2026-01-18 14:09:30
  • -
  • +
  • Print



Gwangju, South Korea — A man in his 20s has been sentenced to prison for his involvement in an illegal online gambling operation based in Phnom Penh, Cambodia, which handled transactions exceeding 20 billion KRW.

On January 18, 2026, Judge Park Ha-young of the Suncheon Branch of the Gwangju District Court announced that the defendant, identified as "A," was sentenced to two years in prison and ordered to pay a forfeiture of 19 million KRW. A was charged with violating the National Sports Promotion Act (establishing gambling venues) and participating in a criminal organization.

According to court records, A was part of a criminal syndicate that operated out of a leased apartment in Phnom Penh from July 2022 to June 2023. During this period, the organization processed approximately 25 billion KRW in deposits and 19.6 billion KRW in withdrawals from illegal gambling activities.

The investigation revealed that A played a key role in the organization's logistics. He recruited members in South Korea via social media and online forums, facilitating their departure to Cambodia. Upon their arrival, the organization seized the recruits' passports and personal phones under the guise of visa renewal, replacing them with burner phones to maintain strict control over the members.

While A initially started as a recruiter targeting former gamblers, he was promoted to "Recruitment Team Leader" in January 2023, taking on a more significant managerial role within the syndicate.

In the ruling, Judge Park stated, "The gravity of the defendant’s responsibility is significant, considering the massive scale of the operation, the illicit profits generated, and the organized nature of the crime." However, the court added that it took into account several mitigating factors, including the fact that A confessed to his crimes, returned to South Korea voluntarily to face charges, and had no prior criminal record.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #Globaleconomictimes
  • #Korea
  • #Seoul
  • #Samsung
  • #LG
  • #Bitcoin
  • #Meta
  • #Business
  • #Economic
  • #The Woori Bank
  • #Elon Musk
  • #C
ONLINE TEAM
ONLINE TEAM
Reporter Page

Popular articles

  • Over 1,800 Companies Sue Trump Administration for $129 Billion in Tariff Refunds

  • Samsung Doubles DRAM Prices in Q1 Amid Unprecedented AI Demand Surge

  • Yujin Robot Evolves Industrial Automation: Integrating Autonomous Mobility and Collaborative Robotics

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065589606204608 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Appellate Court Begins Review of Kakao Founder’s Acquittal in SM Entertainment Stock Rigging Case
  • AI Supercycle Propels Global Semiconductor Market Toward $1 Trillion Milestone
  • Naver Suspends Election Comments to Combat Cyberbullying and Misinformation Ahead of June Polls
  • Lotte Town Myeongdong Lights Up with 'Welcome Light' to Greet Global K-Pop Fans
  • K-Beauty SMEs Join Forces with Distributors: A New Paradigm for Global Expansion through Strategic Consortiums
  • BMW ‘The New i3’ Next-Gen EV: 900km Range 

Most Viewed

1
An Open Letter to BTS On the Eve of a Historic Performance
2
From Industrial Capital to Tourism Mecca... Ulsan Makes a Bold Move with ‘Experiential Content’ in 2026
3
Ko Sang-goo, President of World Federation of Korean Associations, Elected as First Private Sector Chair of World Korean Community Leaders Convention
4
It is Time for BTS’s Fandom, ARMY, to Step Forward
5
Korean Stock Market Plunges: Circuit Breaker and Sidecar Triggered Amid Geopolitical Crisis
광고문의
임시1
임시3
임시2

Hot Issue

Netflix Declares BTS Comeback Live “ARIRANG” as the Year’s Biggest Global Event

AI Medical Ecosystem in Focus: KIMES 2026 Opens in Seoul as Global Healthcare Hub

Netanyahu Declares Decisive Blow to Iran’s Nuclear and Missile Programs, Signals Early End to War

Intel Announces 10% Price Hike on CPUs: PC Manufacturers Bracing for Massive Production Cost Spikes

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 독도는우리땅
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers