Plastic surgery chief used crypto to tuck away millions from Chinese payments, say customs officials – DL News

  • Suspects “used crypto to launder payments made using Alipay, WeChat Pay.”
  • South Korea is home to an $11 billion plastic surgery industry.
  • Three people arrested, Seoul customs chiefs say.

South Korean customs officials have vowed to crack down on plastic surgery clinics that cater to foreign tourists after unearthing a $102 million crypto-powered money laundering network.

Investigators say criminals in Seoul used unnamed cryptocurrencies to launder customer payments for cosmetic surgery procedures made using the Chinese e-pay platforms Alipay and WeChat Pay.

“We plan to carry out stricter on-site inspections at clinics,” a Korea Customs Service official told South Korean newspaper Joongang Ilbo. “We must prevent instances of illegal…

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