"Buy low-priced stocks to be listed"...A group of charges of stealing 900 million won was sent.

The Gyeongnam Provincial Police Agency sent 19 people a day to the prosecution on charges of stealing hundreds of millions of won by deceiving them that they could buy stocks scheduled to be listed at a low price.

A man in his 20s and others are accused of stealing about 900 million won from about 50 investors by deceiving them that they can buy public shares to be listed at low prices through social network services for six months from February last year.

They were found to have moved their offices four times to avoid police tracking.

The police are expanding their investigation, believing that there are more people who have committed similar crimes.