Connect with us

News

S. Korean Man Finds Over RM362k Hidden Under Second-Hand Fridge He Bought Online

Published

Money
Source: Hankook Ilbo

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

A South Korean man had a stroke of luck after he found over 100 million won in cash (RM362,892) in a second-hand refrigerator that he ordered online.

According to Hankook Ilbo, Mr A, a local citizen, purchased a refrigerator online from a used goods company in Jongno-gu, Seoul. Little did he know that a surprise was waiting for him.

Bundled on the outside of the bottom side of the fridge were 2,200 notes of 50,000 won bills amounting to a total of 100 million won (RM362,892). And because the fridge was shipped as a used product, it didn’t come in a box but was wrapped in plastic with the bundle of cash taped and wrapped to the bottom.

Fridge E74Bacdc 359A 4573 89Eb 9222533620C7

Instead of keeping it for himself, Mr A decided to make a police report on 6 August.

The police opened investigations on companies, freighters and buyers involved by checking CCTV footage, but the source of the cash has yet to be confirmed. The police are temporarily holding the cash for the time being.

If the money is found to be the proceeds of a crime, it would belong to the state in accordance with the Act on Regulation and Punishment of Criminal Proceeds Concealment.

However, if the money is recognised as lost possessions unrelated to crime, the owner has six months to claim it, reported Nate News.

E0846Fb5 43Ea 4726 8C71 94619Db209Ba

If the owner does not claim it, the money would belong to the person who first found it. Mr A would then need to pay a 22% tax on his find. If the owner of the cash is found, Mr A will be due between 5% to 20% in compensation.

But in the event that Mr A does not retrieve the money within three months after the first six months have passed, the money would be returned to the national treasury.

What would you do if you found a stash of money in an item you purchased online?

 

Also read: China Man Finds Cash & Gold From An Abandoned Sofa He Took Home On Labour Day

Scas

Source: MBC News
Source: Hankook Ilbo
Source: Hankook Ilbo

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Collage 2 1 Collage 2 1
News15 hours ago

M’sian Teen Goes Missing After Dad Refuses to Let Him Ride Motorcycle to School, Returns 5 Days Later

A teenage boy who reportedly left home after becoming upset that his father wouldn’t let him ride a motorcycle to...

Collage 1 2 Collage 1 2
News2 days ago

Singapore PM Lawrence Wong Urges Singaporeans to Learn Bahasa Melayu & Embrace Malay Culture

Singapore Prime Minister Lawrence Wong has encouraged Singaporeans to learn Bahasa Melayu and deepen their understanding of Malay culture, stating...

Dd Ft 87 Dd Ft 87
News2 days ago

“For Bumiputera economic development” – MARA Forms Task Force to Build Its Own Hospital

Plans to establish a Majlis Amanah Rakyat (MARA) Hospital are now underway, with a special task force formed to drive...

Collage 35 Collage 35
News2 days ago

62yo Penang Man Allegedly Attacks 86yo Neighbour with Iron Rod, Smiles & Waves at Cameras in Court

A 62-year-old man accused of brutally assaulting his 86-year-old neighbour with an iron rod was brought to court today for...

Collage 34 Collage 34
News2 days ago

“You have plantations here too” – Indonesian Politician Tells Malaysia & Singapore to Help Prevent Haze

The Indonesian government should call on Malaysia and Singapore to play a greater role in preventing forest and land fires...

Dd Ft 86 Dd Ft 86
News2 days ago

“I was dismissed within 24 hours” – Controversial M’sian Lecturer Dr Solehah to Challenge IIUM Dismissal in Court

The controversial Malaysian lecturer who recently went viral after claiming that the iron found in Kedah could be linked to...

Dd Ft 83 Dd Ft 83
News5 days ago

“No one is above the law” – JSPT Director Says Beacons & Sirens Don’t Mean Drivers Can Simply Run Red Lights

On 19 August, a family of three were killed along Jalan Sultan Ismail, Kuala Lumpur, after an Immigration Department (JIM)...

Dd Ft 81 Dd Ft 81
News6 days ago

77yo Man Allegedly Upset Over Neighbour’s Loud Radio Sets Fire to Their Home, Gets Arrested

A 77-year-old man was arrested by the Royal Malaysia Police (PDRM) after allegedly committing arson at his neighbour’s home in...

Announcement

Latest Videos



TRENDING TODAY