Voice Phishing Collector Impersonating Financial Institution Employee Arrested

[Asia Economy Honam Reporting Headquarters Reporter Park Junho] A man in his 20s, who impersonated a financial institution employee and swindled tens of millions of won, has been arrested by the police as a voice phishing cash collector.

The Gwangju Western Police Station announced on the 10th that they have arrested and are investigating Mr. A, a man in his mid-20s, on charges of acting as a cash collector for telephone financial fraud (voice phishing).

Mr. A is accused of traveling around the Jeonnam and Jeonbuk regions for two months starting from November last year, receiving a total of 73 million won from six victims who were deceived by telephone financial fraud, and delivering it to the mastermind.

It was investigated that Mr. A met the victims who were deceived by the claim "If you repay the existing loan, we will switch you to a loan product with a lower interest rate," and pretended to be a financial institution employee to receive money.

Mr. A is known to deny the charges, saying, "I have only been to Gwangju once and have never received cash."

The police have applied for an arrest warrant for Mr. A due to his unclear residence.

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