▲ Former Incheon Mayor Yoo Jeong-bok
Police have launched a coercive investigation into former Incheon Mayor Yoo Jeong-bok in connection with suspicions of "cryptocurrency concealment" that emerged during the June 3 local elections.
The Anti-Corruption and Economic Crime Investigation Unit of the Incheon Metropolitan Police Agency conducted raids yesterday (the 27th) on the residence of the former mayor, who faces charges including violations of the Public Official Election Act, as well as the General Affairs Division office at Incheon City Hall.
Police reportedly secured some evidentiary materials necessary to prove the allegations, including mobile phones and computers, during the search and seizure.
Previously, police summoned and questioned the former mayor and his wife, surnamed Choi, and also conducted an investigation into figures representing Incheon Mayor Park Chan-dae, who filed the accusation.
The former mayor and his wife are accused of intentionally omitting 21,000 cryptocurrency tokens from their assets report as a local election candidate by transferring them to an overseas exchange.
The election camp of Incheon Mayor Park Chan-dae filed a complaint with the police against the former mayor and his wife about 10 days before the election date. Afterward, the Incheon Election Commission also concluded there was a possibility of a violation of the election law and additionally submitted a complaint.
(Photo provided by Incheon Metropolitan City, Yonhap News)
※
Copying, redistribution, and unauthorized use in AI training are strictly prohibited.