20s Man Sent to Prosecution for Making 300 Million KRW by Fraudulent Sales of Idol Photocards

A Total of 49 Victims Including 14 Minors and 22 Foreigners

Eunpyeong Police Station exterior. [Image source=Yonhap News]

[Asia Economy Reporter Choi Taewon] A man in his 20s, accused of taking hundreds of millions of won by receiving payments for selling unreleased photocards of a famous idol group and then disappearing, has been handed over to the prosecution while in custody.

The Eunpyeong Police Station in Seoul announced on the 3rd that they arrested Mr. A on charges of fraud and transferred him to the Seoul Western District Prosecutors' Office on the 29th of last month. According to the police, Mr. A posted on social networking services (SNS) that he would sell unreleased photocards of a specific idol group, received advance payments, but did not send the goods.

Police investigations revealed that the number of victims who reported Mr. A reached a total of 49, including 14 minors and 22 foreigners. The total damage amounted to nearly 300 million won. Mr. A is currently known to be unable to repay the damages. A police official stated, "It appears that the money earned from the fraudulent activities was squandered on personal living expenses such as paid donations during internet broadcasts."

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