Certification Scandal Halts Toyota’s Latest Lexus SUV RolloutToyota Motor Corporation, which was caught in certification fraud, is delaying the production and release of the new Lexus GX550. According to the Nihon Keizai Shimbun (Nikkei) on the 25th, Toyota is expected to delay the production and release of 100 Lexus GX550s that were pre-sold until mid-last month. Although this model was not found […]
How Terraform Labs Misled Thousands of InvestorsThe prosecution submitted to the court a conversation revealing that Kwon Do Hyung, the main culprit behind the Terra-Luna crash and CEO of Terraform Labs, had attempted to deceive investors from the early stages of the company’s operation, along with former Chai Corporation CEO Daniel Shin. According to the legal circles on June 17, the Financial […]
Baseball Betrayal: Shohei Ohtani's Translator Steals MillionsMajor League Baseball (MLB) superstar (Los Angeles Dodgers) Shohei Ohtani’s former interpreter, Ippei Mizuhara, has admitted to allegations that he illegally tapped into Ohtani’s funds to pay off gambling debts. According to AFP News on the 8th local time, the U.S. Department of Justice announced that Mizuhara agreed to plead guilty to illegally transferring approximately […]
Visa Adds New AI Tools to Improve Payment Security [AlphaEconomy=(Chicago) Paul Lee Correspondent] Visa is adding three new AI-powered fraud prevention tools to improve security...
South Korean Man Fools Women and Gets Them to Send Adult Photos, Lives in a Trashed House in ActualityA man in his twenties has been arrested for deceiving women by pretending to be a wealthy foreigner, threatening to distribute their intimate photos online, and extorting money, Provided by Seoul Metropolitan Police Agency The Cyber Investigation Bureau of the Seoul Metropolitan Police Agency announced on the 14th that they have arrested and detained […]
How a Man Stole an 8 Million Won ($6,000) Gold BraceletThe criminal was apprehended by detectives who were staking out near his residence. A man who deceived a jewelry store employee by claiming to be close friends with the owner and then ran off with a gold bracelet has been apprehended by the police. Recently, the Seoul Police released CCTV footage taken from a jewelry […]
Presidential Scandal? Yoon's Saudi Trip Includes Suspected Crypto ConmanThe head of a cryptocurrency company under fraud investigation joined President Yoon Seok-yeol's Saudi Arabia visit, sparking controversy.
Ex-CEO of 'Parasite' Investment Firm Arrested in Massive Fraud CaseSouth Korean investment advisory firm CEO arrested for $84.6 million Ponzi scheme fraud. Over 100 victims affected.
Identity of Defense Attorney in $76 Million Scam Case Sparks InterestAccused of $76 million crypto fraud, Lee Hee-jin hires 'super-luxury' defense team, including former Prosecutor General Moon Moo-il.
The number of young adults with bad credit has increased by this much in just 6 months, as seen in their lavish posts on social media. .
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