Articles About Shim Chang-seop

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South Korean Gambler told there is No Need to Re-pay Gambling Loan

South Korean Gambler told there is No Need to Re-pay Gambling Loan

Rab April 10, 2014 15:44:56

The Seoul Central District Court has ruled that a gambling loan of over $10,000 doesn’t need to be repaid, since it was lent for gambling activities. The South Korean court decided that there was no requirement to repay the loan on the grounds of moral standards and social ethics. Judge Shim Chang-seop said: “money purposely […]