Police Investigate Allegations of Fraud Linked to Vehicle Leasing for Government Funds

By KIM JIYOON Posted : September 7, 2026, 21:16 Updated : September 7, 2026, 21:16

Police have launched an investigation into allegations that individuals were defrauded of hundreds of millions of won through vehicle leasing contracts, purportedly to access government policy funds.

According to Yonhap News on September 7, the Incheon Michuhol Police Station has received a complaint against an individual identified as A, and is currently investigating the case. When combined with similar complaints filed at other police stations, the number of victims claiming to have been defrauded has reportedly reached over 40.

The complainants allege that A encouraged them to establish individual agricultural corporations and enter into vehicle leasing contracts under the pretense of qualifying for government policy funds. It has been reported that the victims did not intend to use the vehicles and did not take delivery after signing the contracts.

During this process, A allegedly promised to cover the leasing costs but only made partial payments before ceasing further payments. As a result, the complainants claim they have been burdened with monthly leasing fees amounting to several million won. The total amount of damages claimed by the victims is said to be in the hundreds of millions of won.

The police plan to merge this case with similar incidents reported at other stations to verify the complaints and investigate A and any associated individuals.




* This article has been translated by AI.

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