Woman in her 60s arrested for defrauding 2 billion won by pretending to be a ``professor at a prestigious university'' = South Korea

Ms. A, a woman in her 60s who committed investment fraud by falsely claiming to be a professor at a prestigious Korean university, was arrested by the police. According to the police on the 20th, an investment fraud of about 2 billion won (approximately 230 million yen) was committed.
Mr. A, who was suspected of having committed the crime, was arrested on suspicion of fraud and other charges, and sent to the prosecutor's office in a state of detention. From May 2011 to around July this year, Mr. A falsely claimed to be a professor at a prestigious university and defrauded seven people.
suspected of deception. Mr. A allegedly deceived him by telling him, ``My brother's company will soon be listed on the stock market, so I can make a lot of money,'' and received the investment money. Some of the victims were from Mr. A about 20 years ago.
It was also reported that some students received English tutoring. Currently, the victims, including professors and doctors, have been investing in Mr. A thinking that he is a professor at a prestigious university.
A police official said, ``After a long period of contact, I learned that he had actually become a professor at a prestigious university, so I invested, but when the investment was not recovered, I received a report.''
"It was an incident that happened."