South Korea indicted 304 individuals involved in financial, securities, and virtual asset crimes over the past year, seizing 381.4 billion KRW

Odaily Planet Daily News Over the past year, South Korea's Ministry of Justice and the Prosecution Service have indicted a total of 304 individuals suspected of financial, securities, and virtual asset crimes, seizing and preserving illicit proceeds worth 381.4 billion KRW. The Ministry of Justice and the Prosecution Service stated that they have focused on cracking down on three major malicious crimes: voice phishing, financial and digital asset crimes, and drug crimes. The Joint Investigation Unit for Voice Phishing Crimes at the Seoul Eastern District Prosecutors' Office indicted a total of 471 individuals and detained 169 individuals between July 2025 and May 2026; compared to the previous three years, the average monthly number of indictments increased by 87%, and the number of detentions increased by 6.7%.