Search results for investment fraud
Crypto
DAXA trains Cambodian police on tackling digital asset crime
The Digital Asset Exchange Alliance (DAXA) said it shared South Korea’s digital asset regulatory framework and crime-response system with cyber investigation instructors at Cambodia’s police academy. DAXA said it took part in a training programme held on June 19 at the Central Police Academy and delivered a lecture on understanding South Korea’s virtual asset system and responding to crime. The programme aimed to bolster Cambodian agencies’ capabilities as cross-border digital asset crimes increase.
Finance
FSS special investigators refer 7 suspects in front-running scheme using stock highlight articles
South Korea\'s Financial Supervisory Service special judicial police said it uncovered two cases of illegal trading using stock highlight articles and referred seven suspects to prosecutors for alleged capital markets law violations. The suspects are accused of buying shares before articles were published and selling shortly after publication to make illicit gains. Two suspects, including a certified public accountant alleged to have led a stock manipulation ring and a working reporter, were arrested on June 9.
Finance
Toss Bank, Korean National Police launch financial fraud prevention officers to curb voice phishing
Toss Bank and the Korean National Police are launching community-based financial fraud prevention activities that draw on retired police officers’ investigative experience. The bank said it held the inauguration ceremony for the first class of “Our Neighborhood Financial Fraud Prevention Officers” with the police agency’s integrated response unit for telecommunications financial fraud. The public-private project targets voice phishing and investment scams through tailored, case-based education and community patrols.
