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South Korean Phishing Ring Indicted for 15.1 Billion Won Fraud

South Korean Phishing Ring Indicted for 15.1 Billion Won Fraud

First seen 10 Nov 2026, 07:40 UTC • •

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ThreatCluster AI
ThreatCluster •November 10, 2026 at 07:41 UTC
  • •27 members of Longge Company indicted for defrauding 705 victims.
  • •Scams included romance fraud and impersonation of law enforcement.
  • •Chinese nationals led the organization, exploiting South Korean recruits.

On November 10, 2026, prosecutors indicted 27 members of a South Korean voice phishing organization based in Thailand, known as Longge Company, for defrauding approximately 705 victims out of 15.1 billion won. The group operated various scams, including romance scams and impersonating law enforcement, from January to July 2025. The organization, led by Chinese nationals, recruited South Koreans with promises of high earnings and luxury living but confiscated their passports upon arrival. Following police raids in 2025, the organization was reportedly reestablished within ten days. Prosecutors are also pursuing the extradition of Chinese leaders currently imprisoned in Thailand. The ongoing legal proceedings involve multiple indictments and trials for the members involved.

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Timeline

2025-01-01
Longge Company formed
The criminal organization was established in Thailand, targeting South Korean victims with various scams.
Asiae.Co.Kr
2025-06-21
First police raid
Thai police raided the organization's office in Pattaya, arresting 21 members, including 20 South Koreans.
Biz.Chosun
2026-11-10
27 members indicted
Prosecutors announced the indictment of 27 members of the Longge Company for their involvement in extensive fraud schemes.
Asiae.Co.Kr

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Common questions

What types of scams were involved?
The scams included romance scams, impersonation of law enforcement, and cryptocurrency investment fraud.
How much money was stolen?
The organization defrauded victims of approximately 15.1 billion won.
What is the current status of the indicted members?
As of November 10, 2026, 27 members have been indicted, with ongoing trials and extradition efforts for key leaders.