Gyeongnam Police Agency Cracks Down on '7 Major Malicious Frauds' That Bring Tears to Ordinary People

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Seryeong] On the 13th, the Gyeongnam Provincial Police Agency announced that it has been conducting a focused crackdown on seven major malicious frauds from August 16 until the end of this year.

The Provincial Police Agency stated that it launched the focused crackdown to eradicate the seven major malicious frauds that harm the common people's economy, hinder economic growth, and foster social distrust.

The seven major malicious frauds are ▲jeonse fraud ▲telecommunication financial fraud (voice phishing) ▲virtual asset and similar fund-raising fraud ▲cyber fraud ▲organized fraud related to investment, business, and transactions ▲fraud, extortion, and violations of the Act on the Aggravated Punishment of Specific Economic Crimes such as embezzlement and breach of trust in business.

The Provincial Police Agency explained that it formed a dedicated team led by the head of the investigation department, including the investigation division chief, cyber investigation division chief, and metropolitan investigation unit chief, and designated dedicated investigation teams at the provincial police agency and police stations within the province.

The dedicated team holds regular meetings to establish countermeasures to eradicate malicious fraud, discuss cooperative response plans with related organizations, and identify areas for system improvement.

A table showing the results of crackdowns on the seven major malicious frauds by the Gyeongnam Provincial Police Agency.

According to the police agency, by concentrating personnel from various investigative departments to crack down on malicious fraud, they have so far apprehended 1,059 cases of voice phishing, 11 cases of jeonse fraud, 15 cases of insurance fraud, and 3 cases of fraud under the Act on the Aggravated Punishment of Specific Economic Crimes.

A police agency official said, “We have established and are implementing comprehensive measures including detection, prevention, publicity, and system improvement for telephone financial fraud, and are strengthening crime intelligence by holding insurance fraud investigation councils with the Financial Supervisory Service, Insurance Association, and others.”

He added, “From the early stages of investigation, we collaborate with the crime proceeds tracing investigation team and actively support the restoration of victims' damages and enable their daily lives by promoting pre-indictment seizure and confiscation through legal review.”

Chief Kim Byung-su said, “Recently, new methods using financial and communication means to seize property benefits have emerged, threatening the common people's economy. If you encounter even a slightly suspicious situation in daily life, please report it to 112 or visit the nearest police station, district office, or police box for consultation and handling.”

This content was produced with the assistance of AI translation services.