Gwangju Bank Successfully Thwarts Consecutive Voice Phishing Crimes

Gwangju Bank detected suspicious financial transactions and prevented a voice phishing crime.

According to Gwangju Bank on the 6th, the Foreign Exchange Department identified attempts of high-value overseas remittances that deviated from the usual financial transaction patterns of customers through pre-monitoring of overseas remittances in August, and tracked the flow of related funds together with relevant departments.

As a result, a total of 6 cases involving voice phishing victim funds amounting to USD 101,740 (approximately KRW 133 million) were identified, preventing the criminal attempt by a financial fraud group to send the funds overseas.

In July as well, it was confirmed that USD 25,000 (approximately KRW 33 million) sent overseas via internet banking by a financial fraudster was voice phishing victim funds, and immediate cooperation was requested from the overseas bank to recover the full amount domestically.

Lee Young-moon, head of the Foreign Exchange Department, said, “We will do our best to understand increasingly sophisticated financial fraud methods and reflect them in pre-monitoring to reduce customer damage.”

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