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South Korea has prosecuted 304 individuals involved in financial, securities, and virtual asset crimes over the past year, seizing 381.4 billion Korean won in illegal proceeds

2026-07-20 07:43

Odaily Planet Daily reported that over the past year, the South Korean Ministry of Justice and the Prosecution Service have prosecuted a total of 304 individuals suspected of financial, securities, and virtual asset crimes, seizing and preserving 381.4 billion Korean won in illegal proceeds. The Ministry of Justice and the Prosecution Service stated that their efforts focused on combating three major categories of malicious crimes: voice phishing, financial and digital asset crimes, and drug offenses. The Joint Investigation Unit for Voice Phishing Crime at the Seoul Eastern District Prosecutors' Office prosecuted 471 people and detained 169 from July 2025 to May 2026; compared to the previous three years, the average monthly number of prosecutions increased by 87%, and the number of detentions increased by 6.7%.