"Investing in overseas futures will yield high returns" Arresting a leading fraudulent organization worth 10 billion won

The Incheon Metropolitan Police Agency's Criminal Investigation Unit handed over 109 people, including Mr. A, in his 30s, to the prosecution on charges of stealing investments by deceiving them that investing in overseas gift products could produce high returns.

From September last year to June, they are suspected of taking 10.1 billion won from 316 victims recruited from the investment leading room by posing as investment experts belonging to a stock information provider.

The group committed the crime by dividing roles into call center team leaders, investor recruitment, inducement, and money laundering measures, and contacted only on Telegram using mobile phones under foreign names to avoid tracking down by investigative agencies.

The police seized 570 million won in cash from A's residence and confiscated and collected it before the indictment to prevent him from disposing of 1.7 billion won worth of property, including real estate vehicles.