An unknown YouTuber organized a fake investment company and attracted more than $232 million from 15,000 victims in South Korea. The scheme promised 20 times the profit from investments in worthless tokens. Among those arrested are employees of the company and the YouTuber with 620,000 subscribers. The scheme targeted elderly people, forcing them to sell property and take out loans for investments. 12 arrested, including the YouTuber, remain in custody.
11/13/2024 2:18:22 PM (GMT+1)
In South Korea, 215 people were arrested in a cryptocurrency fraud case involving 325.6 billion won ($232 million), with over 15,000 victims, including elderly people 👮♂️
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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