The Gangwon Police Agency's Criminal Task Force caught an organization that committed investment fraud worth 10 billion won based in Laos and Cambodia and arrested 32 people, including the chief.
They are accused of stealing 11.16 billion won from 66 people in November last year by deceiving them that they could earn high returns after posting a promotional video of a stock investment that manipulated returns in Cambodia on social media.
He is also accused of luring his acquaintances with short-term, high-profit overseas employment as bait and forcing them to join the organization to commit crimes such as body cam phishing and romance cam.
After obtaining employment fraud information, the police gathered victims' statements and evidence and collected cases of damage from across the country to check the true nature of the criminal organization and the scale of the damage, and after eight months of investigation, the organization was completely destroyed.
In particular, they arrested the fleeing members one after another, arrested seven executive-level members, including the chief and the interim management, and sent the remaining 25 members without detention.
The police said they will crack down on fraud crimes in investment reading rooms that abuse investment sentiment.
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