Gyeongju Fishing Village in Ruins... 2 Billion Won from Rotating Savings Taken to Vietnam

35 Victims and Over 2.1 Billion Won in Damages
Police: "Will Summon Relay Runner Through Family"

A woman who disappeared with billions of won in community savings in Gyeongju, Gyeongsangbuk-do, has been confirmed to have fled to Vietnam.

According to the Gyeongju Police Station on the 9th, it was reported by Yonhap News Agency that a woman in her 60s, suspect A, who is accused of community savings fraud, was found to have left the country for Vietnam through immigration authorities. It is known that A’s children live in Vietnam.

[Photo by Pixabay]

Last month, A, the community savings organizer who ran a jewelry store in a fishing village in Gampo-eup, Gyeongju, suddenly disappeared with all the community savings.

Thirty-five victims of the fraud filed complaints with the police, stating they lost a total of 2.1 billion won. Most of them are self-employed people in Gyeongju City who had been contributing 1 to 2 million won monthly to the community savings for about 20 years.

The police expect the amount of damage to increase as more people plan to file complaints.

Once the victim investigation is completed, the police plan to summon A through her husband and other family members. The police stated, "If she does not comply, we can forcibly summon her through passport invalidation and an Interpol red notice."

The Gyeongju Police Station has formed a dedicated investigation team consisting of seven economic crime investigators to handle the case.

Meanwhile, Gyeongju City has also organized a dedicated team led by the head of Gampo-eup and plans to set up a victim reporting center to support the fraud victims.

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