National Police Agency's National Investigation Headquarters Operates 'Telecommunication Financial Fraud Investigation Situation Room'

The National Police Agency's National Investigation Headquarters opened the "Telecommunication Financial Fraud Investigation Situation Room" on the 8th. / Photo by National Police Agency

[Asia Economy Reporter Lee Gwan-joo] The National Police Agency's National Investigation Headquarters (NIH) announced on the 8th that it will establish and operate a 'Telecommunication Financial Fraud Investigation Situation Room.'

A police official explained, "To systematically and intensively respond to telecommunication financial fraud, the Investigation Bureau and the Cyber Investigation Bureau will jointly manage related cases in an integrated manner."

Last year, there were 31,681 cases of telephone financial fraud such as voice phishing. The damage caused by this amounted to 700 billion KRW. Messenger phishing also occurred in 11,250 cases, causing 45.6 billion KRW in damages.

To respond to such crimes, the Investigation Situation Room plans to integrate and compile information on all related crimes occurring nationwide and analyze them scientifically. It will also analyze major crime methods, account numbers, and other means used in crimes to utilize them as enforcement data. For matters requiring immediate action, such as identifying cash-out agents or tracking criminal proceeds, the NIH will directly supervise and support investigations.

The police will also identify problems revealed during enforcement and notify relevant agencies to promote institutional improvements. A police official stated, "We will make every effort to eradicate crimes that infringe on people's livelihoods."

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