Korean Law in English
Laws › Criminal Act › CHAPTER XXXIX CRIMES OF FRAUD AND EXTORTION

Criminal Act — Article 349 (Unjustifiable Profit)

형법 제349조

This English translation is based on the Korean text effective 2023-08-08. The Korean law has since been amended (current version effective 2026-10-02) — check the Korean original.

(1) A person who makes unjustifiable profits by taking advantage of the needy condition of another, shall be punished by imprisonment with labor for not more than three years or by a fine not exceeding ten million won.

(2) A person who, by a method prescribed in paragraph (1), causes a third person to make unjustifiable profits shall be punished pursuant to paragraph (1).[This Article Wholly Amended on Dec. 8, 2020]

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