Korea Joongang Daily
Korea JoongAng Daily

Gwangju court imposes additional six years for inmate's fraud against fellow prisoner

A man who defrauded a fellow inmate out of 1 billion won ($680,000) by flaunting fake credentials and wealth while behind bars has been sentenced to an additional six years in prison.

2025-12-04

Fraud suspect hospitalized after falling from hotel to evade arrest

A fraud suspect was hospitalized after falling from a hotel while trying to evade police arrest.

2025-12-03

Deadbeat couple leaves Jeju guesthouse owner more than $2,000 in the hole

A couple who stayed at a guesthouse on Jeju Island for more than a year left abruptly in October without paying more than 3 million won ($2,040) in accommodation fees, the owner said.

2025-12-02

Business owner who forged documents to receive and give parental leave benefits referred to prosecutors

A business owner who, alongside his acquaintances, allegedly lied about his company's payroll to fraudulently receive parental leave benefits has been referred to prosecutors.

2025-11-25

Police bust suspected loan shark group that targeted foreigners with high interest rates

Thousands of foreigners unfamiliar with Korea’s lending rules were allegedly targeted by a group that issued high-interest loans seven to eight times the legal limit and threatened borrowers who fell behind, according to the police.

2025-11-24

Officials warn public as scams grow more sophisticated due to AI

Officials are urging the public to be more cautious as technological advancements in AI, especially deepfake video and audio, make it easier for people to be fooled by so-called “romance scammers.”

2025-11-23

Police search for LG store manager who allegedly took payments for appliances and disappeared

Police are searching for an LG Electronics store manager who vanished after allegedly taking large payments from customers for home appliances that were never delivered.

2025-11-06

At-large fraudster nabbed during routine Halloween police patrol

Gangnam police were on a routine patrol ahead of Halloween when they found a suspicious Mercedes-Benz car near the subway station. The driver had been wanted for more than two years.

2025-11-06

HYBE chairman sits for 13-hour grilling by police over alleged unfair IPO profits

HYBE chairman Bang Si-hyuk was questioned for more than 13 hours on Wednesday over his alleged deceit of investors in 2019.

2025-11-06

HYBE chief faces third round of grilling over IPO fraud allegations

Police questioned HYBE Chairman Bang Si-hyuk for a third time on Wednesday over suspicions of violating the Financial Investment Services and Capital Markets Act.

2025-11-05