Incheon Metropolitan Police said they arrested 65 people in a large investment chatroom scam that allegedly impersonated two domestic securities firms, with 25 sent to prosecutors in custody; investigators identified 134 victims and about 20 billion won in losses. The group filled KakaoTalk rooms with paid promoters posing as profitable investors, then had victims install a fake stock-trading program that displayed fabricated returns and balances, including one apparent balance of about 100 billion won.
Police traced more than 100 first-layer mule accounts, identified a Cambodia-based operating hub through digital forensics and fund-flow analysis, and secured provisional seizure of 585 million won in suspected criminal proceeds.