"A lot of money from foreign exchange transactions"...A group of leading members were arrested for ripping off 5.5 billion won.

2024.10.29. PM 12:35
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Incheon Michuhol Police Station said it arrested 45 people a day, including a man in his 30s, on charges of stealing more than 5 billion won in investment, saying it would allow them to make a lot of money from foreign exchange transactions.

Mr. A and others are accused of stealing 5.5 billion won from 112 investors from August last year to April this year, saying that they guarantee high profits after opening a false foreign exchange transaction site.

They recruited investors by posting advertising videos on YouTube and others, saying that investing in foreign currency index transactions can double their profits.

The police also charged 25 key suspects with organizing criminal organizations, believing that A and others shared roles such as management measures and incentives and spread messages related to the crime only through Telegram.

The police confiscated 80 million won worth of cash and froze 1.26 billion won in criminal proceeds.


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