Yeosu Police Arrest Cash Collector Involved in Phone Financial Fraud Disguised as Large Loan Refinancing Scheme
[Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] The Yeosu Police Station in Jeollanam-do (Chief Moon Byung-hoon) arrested and is investigating Mr. A (62 years old, male), a cash collector involved in a phone financial fraud (voice phishing) case who impersonated a financial company employee and attempted to fraudulently obtain 23.5 million KRW in cash under the pretense of refinancing loans on the roadside of Museon-ro, Yeosu-si, around 4 p.m. on the 25th.
The Yeosu Police, amid a surge in face-to-face extortion-type voice phishing crimes, gathered related investigation intelligence and learned that a victim who had handed over 19 million KRW to an unidentified suspect on the 23rd reported to the police that they planned to hand over the remaining amount of 23.5 million KRW. After staking out the agreed location on the roadside of Museon-ro, Yeosu-si for about two hours, they found and arrested the cash collector Mr. A.
Analysis of the seized mobile phone confirmed additional crimes involving the same method, revealing that from the 18th to the 25th, Mr. A had fraudulently obtained approximately 184.87 million KRW from various victims in a total of nine incidents.
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Moon Byung-hoon, Chief of Yeosu Police Station, stated, “We have applied for an arrest warrant against the arrested cash collector and will focus investigative efforts on identifying and apprehending the voice phishing organization members who received the remitted cash through supplementary investigations of additional crimes.”
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