Google security researchers report that unknown hacking groups are targeting large US financial and investment firms using voice phishing to steal sensitive data and extort victims for millions in bitcoin.
Nineteen individuals have been indicted for money laundering in South Korea, accused of establishing shell corporations and distributing "ghost accounts" and "ghost phones" to criminal organizations involved in voice phishing scams. The illicit funds laundered through these accounts amount to approximately 9.6 billion won.
A court in Daegu, South Korea, sentenced two individuals to prison for laundering billions of won in cryptocurrency for a voice phishing organization. The defendants recruited members to convert stolen funds into crypto and send them to overseas wallets, resulting in 4.38 billion won being laundered.
SEOUL, May 1 (Yonhap) -- President Lee Jae Myung on Friday praised law enforceme...
73 South Koreans suspected of voice phishing and other crimes were repatriated from Cambodia and the Philippines over the past two months. Among them is a ringleader who hacked a company's server in 2011, stealing personal information of 1.75 million people and extorting 100 million won. Another group of 24 suspects swindled 51.7 billion won from 368 victims, while 14 others ran a romance scam operation that extorted 2.3 billion won from 53 victims.
