Mungyeong Police Arrest 10 in 4 Billion Won Voice Phishing Scam

A significant voice phishing ring, responsible for defrauding victims of over 4 billion won, has been apprehended by the Mungyeong Police. The operation, which ran from December 1, 2025, to April 11, 2026, ensnared 29 individuals who were tricked into parting with their hard-earned money.

The modus operandi of this criminal group involved sophisticated impersonation tactics. They posed as representatives from various trusted institutions, including credit card companies, the Financial Supervisory Service, and the Prosecutor's Office. By leveraging these false identities, they coerced victims into transferring substantial sums of money, totaling approximately 4.12 billion won.

Authorities report that the suspects physically collected cash and checks from their victims, transporting the illicit gains to various locations across Daegu, Gyeonggi, and Seoul for money laundering. During the arrests, police successfully recovered 848 million won in cash, which is now being processed for return to the rightful owners. The Mungyeong Police have issued a stern warning, urging citizens to be vigilant and immediately report any suspicious calls demanding money transfers or cash, especially those from entities claiming to be state agencies.