A Swiss man flew to Korea to catch his thought-to-be female romance scammer, who turned out to be a man.
Easy-to-open joint virtual bank accounts have become hotbeds of fraud as swindlers use them to launder stolen money. Scammers misappropriate the system by luring victims into opening accounts and using them to receive and launder extorted money.
A growing number of scammers are using swindled money from phishing victims to wire to unrelated third parties, freezing their bank accounts.
Jeon Cheong-jo, ex-fiancé of Olympic fencer Nam Hyun-hee, was indicted on fraud charges along with an accomplice who pretended to be her bodyguard. The duo is accused of swindling $2.3 million from 27 people.
North Korean hackers posing as South Korean governmental agencies and journalists stole personal information to pilfer cryptocurrency, according to South Korea’s National Police Agency on Tuesday.
The 76-year-old Choi Eun-soon was found guilty of forging documents and purchasing property using other people's names.
Prosecutors are seeking a 35-year prison sentence for the head of a Korean voice phishing ring based in the Philippines that stole some 10.8 billion won ($8.25 million) from 560 people.
The man told the police that the two made contact through a dating app where Jeon had approached him as a woman. However, at the time Jeon was still in a relationship with Nam Hyun-hee, posing as a man.
Fencing Olympian and medalist Nam Hyun-hee not only called her ex-fiancé the “devil” but also pleaded innocence regarding her former paramour’s alleged scams.
A yearlong special crackdown on home rental scams resulted in the apprehension of nearly 3,500 suspects nationwide, the National Police Agency (NPA) said Monday.
Korea JoongAng Daily Sitemap