Operation Moolah offers $50,000 to any pilot who defected with a fully mission-capable Mikoyan-Gurevich MiG-15 to South Korea. The first pilot was to receive $100,000.

The Mikoyan-Gurevich MiG-15 (Russian: -15; USAF/DoD designation: Type 14; NATO reporting name: Fagot) is a jet fighter aircraft developed by Mikoyan-Gurevich for the Soviet Union. The MiG-15 was one of the first successful jet fighters to incorporate swept wings to achieve high transonic speeds. In aerial combat during the Korean War, it outclassed straight-winged jet day fighters, which were largely relegated to ground-attack roles. In response to the MiG-15s appearance and in order to counter it, the United States Air Force rushed the North American F-86 Sabre to Korea.When refined into the more advanced MiG-17, the basic design would again surprise the West when it proved effective against supersonic fighters such as the Republic F-105 Thunderchief and McDonnell Douglas F-4 Phantom II in the Vietnam War of the 1960s.

The MiG-15 is believed to have been one of the most produced jet aircraft with more than 13,000 manufactured. The MiG-15 remains in service with the Korean People's Army Air Force as an advanced trainer.

Operation Moolah was a United States Air Force (USAF) effort during the Korean War to obtain through defection a fully capable Soviet MiG-15 jet fighter. Communist forces introduced the MiG-15 to Korea on November 1, 1950. USAF pilots reported that the performance of the MiG-15 was superior to all United Nations (U.N.) aircraft, including the USAF's newest plane, the F-86 Sabre. The operation focused on influencing Communist pilots to defect to South Korea with a MiG for a financial reward. The success of the operation is disputable since no Communist pilot defected before the armistice was signed on July 27, 1953. However, on September 21, 1953, North Korean pilot Lieutenant No Kum-Sok flew his MiG-15 to the Kimpo Air Base, South Korea, unaware of Operation Moolah.