An active-duty police officer has been arrested for involvement in a phone-based financial fraud (voice phishing) scheme.
The Criminal Investigation Unit of the Gyeongnam Provincial Police Agency announced on May 8 that it had arrested Officer A, a man in his 30s affiliated with a local police station in Daegu.
According to police, Officer A is suspected of laundering and concealing criminal proceeds from phone-based financial fraud amounting to approximately 1 billion KRW from the second half of last year through early this year.
He is reported to have withdrawn money obtained by the fraud organization from victims' financial accounts, laundered the funds, delivered them to the organization, and received a certain amount as commission.
The Criminal Investigation Unit of the provincial police agency stated, "As the investigation is still ongoing, we cannot disclose specific details."
The police plan to further investigate Officer A for possible additional accomplices and specific criminal activities.
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