30s Man Arrested for Illegally Gaining 5.3 Billion Won Using 'Dad is a Senior Executive at Major Home Shopping' Investment Bait
Famous Home Shopping Channel Impersonation Also Reported
A woman in her 30s was arrested by the police for obtaining an unfair profit of 5.3 billion won under the pretext of investment funds.
View original image[Asia Economy Intern Reporter Wonjin Lee] A woman in her 30s who deceived acquaintances and pocketed billions of won in illicit profits under the pretext of investment funds has been caught.
On the 22nd, the Gangseo Police Station in Busan announced that they have applied for an arrest warrant for Ms. A (female, in her 30s) on charges of fraud. According to the police, Ms. A defrauded 5.3 billion won from 31 acquaintances by persuading them through social networking services (SNS) to invest in home shopping, promising high dividends.
Ms. A promised victims returns of up to 600% and coaxed hesitant victims by falsely claiming, "My father is an executive at a major home shopping company."
When dividend payments were delayed, Ms. A postponed payments by claiming that the money was tied up in the bank and even released recorded phone call logs from an actual bank to reassure anxious victims.
However, this was also revealed to be a staged act involving employees from an acting agency hired by Ms. A. She also used tactics such as releasing photoshopped profit statements to victims.
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Meanwhile, not only the victims but also the home shopping company mentioned during Ms. A's fraudulent activities have filed complaints against her.
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