Korean ring smuggled bulk cigarettes to Australia, making $6m in profit

South Korean customs authorities have uncovered a smuggling ring that bought cigarettes in bulk from domestic convenience stores and illegally exported them to high-priced markets such as Australia and New Zealand, generating about 10 billion won ($6.78 million) in profit. The Korea Customs Service’s Incheon regional office said Wednesday that it had referred 11 suspects, including a ringleader in his 30s, to prosecutors without detention on charges of violating the Customs Act. The group allege

By The Korea Herald