SEOUL, Oct. 27 (Korea Bizwire) — Two-time Olympic fencing medalist Nam Hyun-hee, hurt by scandalous allegations surrounding her former finance who turned out to be a woman, said Friday that she wants to break off the relationship. Nam reportedly told the police that she does not want to have any more contact with her ex-finance [...]
SEOUL, Oct. 16 (Korea Bizwire) — A total of 4,481 people have fallen victim to home rental scams this year, with their combined financial damage reaching 510.5 billion won (US$377.3 million), police data showed Monday. Police apprehended 2,582 suspects of so-called jeonse scams but were only able to retrieve 22.6 percent, or 115.3 billion won, [...]
FORT LAUDERDALE, Fla., Nov. 11 (Korea Bizwire) – Following reports by victims and witnesses throughout the United States, Canada, and Europe – the Lerman Law Firm (Cathy Jackson Lerman, P.A.) is issuing an International Fraud Alert warning of an ongoing scheme to defraud the public involving the sale of fake and/or non-existent Covid-19 vaccine products [...]
SEOUL, Oct. 22 (Korea Bizwire) — Live commercial broadcasts are gaining popularity as demand for contactless consumption is increasing due to the coronavirus pandemic. Live commerce combines live streaming and e-commerce in which consumers engage in live interaction with sellers online. For small businesses struggling with the coronavirus pandemic, live commerce is becoming a new [...]
BUSAN, May 30 (Korea Bizwire) — A jobless man has been detained for paying for taxi rides using fake US$100 bills printed for use in movies and pocketing over 300,000 won ($250) in change, police said Thursday. The 46-year-old suspect is accused of taking taxies from Gimhae International Airport in Busan four times this month [...]
NEW YORK, Dec. 11 (Korea Bizwire) — DoubleVerify (“DV”), the leading independent provider of marketing measurement software and analytics, today announced a partnership with InMobi, a global provider of enterprise platforms for marketers. As part of the partnership, DoubleVerify will provide always-on fraud filtering and measurement for mobile in-app advertising campaigns across the InMobi Exchange [...]
AMSTERDAM, The Netherlands, Apr. 4 (Korea Bizwire) — Acapture, a global, omnichannel payment processor has partnered with Sift Science, a machine learning company that protects businesses from fraud and abuse. Using the smartest technology for fraud management in their joint effort to make online experiences smoother and safer, the two companies form a powerhouse for [...]
SEOUL, Feb. 7 (Korea Bizwire) – Last month’s Korean launch of Niantic’s Pokémon GO has put law enforcement agencies on high alert, mainly against trespassing and Pokémon GO driving, and officials are now advising players to also take heed against cybercrimes. According to the Korean National Police Agency, extra apps that can help players to [...]
SEOUL, Nov. 25 (Korea Bizwire) – As in America, Black Friday hype is also sweeping the Korean peninsula with local consumers looking for the best deals and discounts. But at the same time, the hype has bred victims of fraudulent activity, sounding a note of caution reminding consumers to be cautious with their purchase decisions. [...]
SEOUL, Oct. 7 (Korea Bizwire) – The Financial Supervisory Service joined forces with YTN FM Radio on Friday in an effort to fight voice phishing crimes, which have grown rampant in Korea over the past decade. In accordance with the agreement, YTN will air radio campaigns using voices of actual criminals to maximize the FSS’s [...]