Voice Phishing
President Lee Jae Myung on May 1 praised law enforcement for sharply reducing voice phishing damage. In a post on his official X account, he noted a 45 percent drop from a year ago in the first three months, crediting police and other agencies. He called for public support to drive the number to zero.
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A South Korean man in his 30s who laundered $68,000 in cryptocurrency for a voice phishing gang has had his suspended sentence revoked. The Suwon High Court imposed a four-year prison term after he appealed for leniency. The ruling highlights his key role in the scam operations.