South Korean Bitcoin Scammers Arrested After Targeting a Detective
by aria-crypto.com
November 7, 2024 at 05:02
South Korean Bitcoin Scammers Arrested After Targeting a Detective
In a surprising twist, a group of South Korean Bitcoin mining scammers attempted to dupe a police detective, leading to widespread arrests. The operation began when an unsuspecting call center employee targeted a detective from the Gyeonggi Southern Provincial Police Agency's Criminal Investigation Unit with a high-yield crypto investment scam. The detective played along, providing fake banking details which later helped the police to trace and raid the scammers' headquarters in Incheon. A total of 81 arrests were made, including the organization's alleged ringleader, who has been accused of defrauding 50 individuals of over $1.6 million by promising substantial returns on investments in Bitcoin mining rigs. The suspects employed fake SIM cards and stolen personal data in their operations, leading to additional charges related to violations of personal data protection laws. South Korea continues to experience a booming cryptocurrency investor population, emphasizing the importance of vigilance against such fraudulent schemes.
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