4 people sent to prosecution for laundering and remitting voice phishing proceeds with crypto

Chungbuk Provincial Police Agency panorama

The Chungbuk Provincial Police Agency's Anti-Corruption and Economic Crime Investigation Unit announced on the 22nd that it has sent four people, including Mr. A in his 40s, to the prosecution without detention on charges of laundering voice phishing proceeds into virtual assets (coins) and delivering them to the organization (violation of the Act on the Refund of Damages from Electronic Financial Fraud).

They are accused of receiving 150 million won in cash from a victim who was deceived by the voice phishing organization they belonged to in August last year, then converting it into virtual assets and delivering it to the organization.

It was investigated that the organization Mr. A belonged to posted fake investment information on social media and deceived victims into believing they could "make a lot of money," thereby extorting money from them.

Mr. A and others reportedly told the police that they "thought it was a high-paying part-time job."

The police plan to continue investigating the higher-ups in the voice phishing organization.