"Target the victim of investment fraud"...Arrest charges in their 50s who pocketed hundreds of millions of won

The Seoul Southern District Prosecutors' Office handed over a man in his 50s, Baek, the head of a similar investment advisory company, to trial on charges of approaching financial fraud victims and stealing money as if he would make up for the loss, and indicted an accomplice without detention.

Baek and others are accused of stealing 160 million won in subscription fees from 10 people by deceiving them that they can make high profits if they join a similar investment advisory company they run from June 2022 to August of the following year.

According to the prosecution's investigation, Baek and others ran a group of victims of stock and coin investment fraud online, approaching the victims, building trust, and inducing them to invest.

In addition, it was revealed that he collected nearly 200 million won in the name of preparing legal documents such as complaints or mediating them to get their investments back even though he was not a lawyer.