National

Homeplus CEO charged for selling customer information

Photo Source: Screenshot from a Home plus Promotion Video
James Hyams
Written by James Hyams

Homeplus has been charged with selling customer information to insurance firms, a government investigation team told Yonhap news reporters on Sunday.

Home plus has been charged with selling customer information to insurance firms, a government investigation team told Yonhap news reporters on Sunday.

The Korean arm of U.K. retail giant Tesco is accused of selling more than 24 million customer details including birth dates, the number of children households and other personal information.

Six current and former Home plus staff including chief Do Sung-hwan and two insurance company officials have been charged.

Several insurance firms purchased this information for 23.17 billion won ($21.14 million), the investigation team said.

Home plus gathered personal information while conducting a free lottery with prizes.

Finite and barely visible print on the lottery coupons stated that the personal information they provided would be sold to insurance companies but most customers were not aware.

Some of the prize winners were also not contacted, the investigation team said.

 

About the author

James Hyams

James Hyams

James Hyams juggles several careers including being a journalist and a social worker. James has an avid interest in 'telling it as it is', exposing matters of public interest, and reviving investigative journalism in the new digital era. Testimony to this is his thesis titled: “U.S. Government secrecy and the withering watchdog: Is WikiLeaks the answer?”

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