PANews reported on August 23rd that a man who had been on the run for nearly five years for orchestrating a massive cryptocurrency scam worth 17.7 billion won (approximately US$13.2 million) was arrested by police in Seoul for littering. Investigators stated that the man defrauded approximately 1,300 people of 17.7 billion won through cryptocurrency scams between 2018 and 2019 and went on the run in 2020. He has since been transferred to the Seoul Southern District Prosecutors' Office, which has been leading the investigation.PANews reported on August 23rd that a man who had been on the run for nearly five years for orchestrating a massive cryptocurrency scam worth 17.7 billion won (approximately US$13.2 million) was arrested by police in Seoul for littering. Investigators stated that the man defrauded approximately 1,300 people of 17.7 billion won through cryptocurrency scams between 2018 and 2019 and went on the run in 2020. He has since been transferred to the Seoul Southern District Prosecutors' Office, which has been leading the investigation.

South Korean fugitive in $13 million cryptocurrency scam arrested for littering after 5 years on the run

2025/08/23 10:00

PANews reported on August 23rd that a man who had been on the run for nearly five years for orchestrating a massive cryptocurrency scam worth 17.7 billion won (approximately US$13.2 million) was arrested by police in Seoul for littering. Investigators stated that the man defrauded approximately 1,300 people of 17.7 billion won through cryptocurrency scams between 2018 and 2019 and went on the run in 2020. He has since been transferred to the Seoul Southern District Prosecutors' Office, which has been leading the investigation.

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