Police Launch Preliminary Investigation into Prince Holding Group and Huione Group, Alleged Masterminds Behind Cambodian Crimes

[Financial News] The police have launched a preliminary investigation into Prince Holding Group, suspected of being behind scam crimes in the Kingdom of Cambodia, and Huione Group, which is believed to be involved in money laundering.
Park Jeong-bo, Commissioner of the Seoul Metropolitan Police Agency (SMPA), stated at a regular press briefing on the 3rd that "a total of 24 cases related to missing and abduction incidents in the Kingdom of Cambodia are currently under investigation."
Commissioner Park explained, "We have obtained intelligence on related matters and are analyzing it. Although Prince Holding Group is not registered as a business entity in Korea, we have found a lease contract and are collecting as much relevant evidence as possible."
The 'Task Force (TF) for Missing, Abduction, and Detention of Overseas Koreans,' established last month at the SMPA Metropolitan Investigation Unit, is reviewing 17 cases, including those involving Prince Holding Group and Huione Group. On this day, seven additional cases were transferred from local police stations.
The police have determined that 131 overseas job advertisements luring with high returns are related to crimes and have requested their removal. Official requests for cooperation were sent to 29 websites hosting illegal ads, urging self-regulation such as blocking the content.
A preliminary investigation has also been launched into two Telegram Messenger channels suspected of posting job ads linked to criminal activities.
The investigation into Lee Jin-sook, former Chairman of the Korea Communications Commission, for alleged violations of the Public Official Election Act, is in its final stage.
Commissioner Park stated, "We are reviewing the legal aspects and the testimonies of those involved based on the findings so far. I can say the investigation is nearly complete."
Regarding reports that the former chairman is considering filing a complaint against the police investigator for abuse of authority, Park said, "That is her personal consideration. We have nothing particular to add and will proceed strictly according to the law and established procedures."
In the investigation into the masterminds behind the Seoul Western District Court riot, 34 individuals have been questioned and nine have been booked as suspects. Of these, six investigations have been completed.
Commissioner Park added, "We have conducted eight raids in total, and are currently analyzing the seized materials. All nine suspects have been placed under a travel ban. We will work to process these cases swiftly."
jyseo@fnnews.com Seo Ji-yoon Reporter