The Korea Communications Commission revealed cases of scams that propose discreet transactions such as unlisted stock trading or coin investments, leading individuals to sign up on specific sites and then robbing them under the pretext of 'exchange and cash withdrawal.'
According to the Korea Communications Commission on the 26th, suspect A approached the victim via text message and deceived them by saying, 'You can make a significant profit by trading unlisted stocks at a special supply price,' stealing about 16 million won under the pretext of stock trading fees.
Another suspect, B, used Instagram and Kakao to lure the victim into signing up for a fake investment site for virtual assets, deceiving them into sending money to a specific account in exchange for handling the investment, resulting in a loss of about 140 million won.
Suspect C deceived the victim by saying, 'I came overseas to make a contract, so please sign up for the site I'm informing you about and open an account to receive the deposit on my behalf,' providing manipulated information that $650,000 (approximately 900 million won) had been deposited.
Subsequently, they extorted 9 million won, claiming that the account was temporarily suspended due to exceeding the limit and asking for payment of expenses such as airline tickets.
The Korea Communications Commission urged caution regarding abnormal investment paths and financial transactions between individuals that propose discreet transactions via social networking services (SNS) and advised confirming whether authenticated real-name verification is available when signing up for specific apps or sites.
Specific victim cases can be found in the 'Civil life infringement information review cases' within the 'Information Room' of the Korea Communications Commission website (www.kocsc.or.kr).