"A 50,000-Won KTX Ticket Resold for 100,000 Won"... Korea Railroad Corporation (KORAIL) Refers 19 Chuseok Scalping Cases for Investigation

[Financial News] KORAIL said on the 22nd that it had referred 19 suspected ticket-scalping cases detected during the Chuseok holiday ticket reservation period to the Ministry of Land, Infrastructure and Transport (MOLIT) and the Korean National Police Agency for investigation.
The cases referred for investigation consisted of 13 reports received through KORAIL’s ticket-scalping tip line and six cases uncovered directly by KORAIL employees using the mystery shopper (undercover inspector) method.
The sellers were found to have primarily used online secondhand trading platforms and other channels to resell tickets with markups ranging from a minimum of 4,100 won to a maximum of 46,500 won above the official price. The cases included sellers demanding nearly twice the original price, such as attempting to resell a 53,500-won ticket for 100,000 won.
KORAIL handed over all relevant evidence it had collected to the judicial police of MOLIT and the Korean National Police Agency. Under the current Railroad Business Act, repeatedly reselling tickets above their purchase price or doing so for commercial purposes is prohibited. Violators may face an administrative fine of up to 10 million won.
Lee Min-seong, head of KORAIL’s Passenger Business Division, said, "We are continuously tracking suspected scalping transactions by combining reports from citizens with our own enforcement efforts, including mystery shoppers. We will respond firmly under a zero-tolerance policy to scalping activities that disrupt the orderly distribution of tickets."
Observers say that fundamentally curbing ticket scalping, which recurs every holiday season, will require not only stronger enforcement and penalties but also improved technology to block macro programs and greater self-regulation by secondhand trading platforms.
[email protected] Kim Won-jun Reporter