Employees of a law firm who allegedly induced victims of fraud to file false reports of voice phishing have been booked by the police. Unlike other fraud, the accounts involved in voice phishing can be frozen, which was exploited to coerce false reporting.
The Busan Police Agency's Criminal Mobile Unit announced on the 26th that they are investigating employees of the law firm and about ten employees from a private investigation firm on charges of obstructing government operations by deception and violating the Telecommunications Fraud Victim Recovery Act.
They are accused of inducing more than 600 fraud victims to falsely report to the police and financial authorities that they were victims of voice phishing. Under current law, accounts can be frozen when a victim of voice phishing has made a transfer. In contrast, accounts are not frozen for new types of fraud, such as leading room scams, romance scams, and virtual asset fraud.
Police are also investigating over 200 fraud victims confirmed to have filed false reports after receiving proposals from the company last year for violating the Telecommunications Fraud Victim Recovery Act.