"African Gold Mining Investment Scam"... Police Investigate Gold Exchange CEO
"Promised 5% Interest on Gold Mining Investment"... Fraud Allegations
[Asia Economy Reporter Jang Sehee] The police have launched an investigation into the CEO of a gold exchange who recruited investors by guaranteeing high returns but failed to pay interest and principal.
On the 30th, the Gangnam Police Station in Seoul announced that they have booked and are investigating CEO A of the gold exchange on charges of fraud.
A is suspected of recruiting investors by promising 5% interest or gold if they invested in gold mining in Africa, but failed to pay the interest and principal.
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Meanwhile, the police received complaints from victims in March and are currently investigating the exact circumstances of the case with the victims.
This content was produced with the assistance of AI translation services.
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