Sunday, February 8, 2026

"Famous Investment Expert Scammed Out of 40 Million Won"...AI Deepfakes Targeting Retailers [Chosun Phishing Chronicles]

Input
2026-02-08 05:00:00
Updated
2026-02-08 05:00:00
\r\n Image generated by AI [Financial News] One day, Mr.
A, a man in his 50s living in Incheon, saw a YouTube advertisement featuring an employee of a securities firm famous for investment. In the video, the employee emphasized, "If you click the link right now, you can receive investment information that can lead to high returns.
\r\n Image generated by AI [Financial News] One day, Mr.
" According to the Financial Supervisory Service on the 8th, the employee boasted of an investment return of up to 85% in the video. He repeatedly emphasized that he provides advanced information that can lead to high returns while guaranteeing the principal.Mr. A was considering starting to invest in stocks when the KOSPI index broke through the 5,000 mark for the first time ever.I was hesitant about stocks because I could lose my principal, but I gradually became more inclined when I heard that my principal was guaranteed. I followed the link in the video and was connected to a KakaoTalk group chat room.
The room was filled with Mr. B, an investment strategy manager at 'OO Securities', and around 200 investors.The chat room was filled with investment success stories. Posts boasting of amazing returns, such as 'I made 150% in three months' and 'I'm leaving after making 60 million won', were overflowing.Manager B explained the stock market trend and recommended specific stocks when the market opened. He said, "There's news of a merger with a large company soon, so it'll skyrocket," and gave the stock name and the time to buy and sell.
Seeing the posts boasting about investment returns, Mr. A gained confidence that 'I can make money too.
' So he asked Mr. B how to invest.Mr. B asked Mr.A about his experience investing in stocks, and then explained to him that he should install a mobile trading system (MTS) and transfer the investment funds to a designated account. However, the MTS in question was a fake program not provided by any securities firm.
Mr. A initially invested about 10 million won.As Mr. B had said, he purchased specific stocks through the MTS and deposited the investment funds.In fact, he achieved a return of nearly 50% in just three days. After experiencing the return, Mr.A became greedy and deposited 30 million won more. However, about two months later, the stock price plummeted by nearly 85%.When Mr. A protested, Mr.B said, "I will compensate you in full," and asked him to wait as the investment settlement would take time.However, contact was soon cut off.
Mr.A ended up investing over 40 million won, which was his retirement fund, and lost it all.The advertisement that Mr.A first saw was also a deepfake video impersonating a celebrity.The Financial Supervisory Service warned that there are increasing cases of people using artificial intelligence (AI) deepfake technology to cleverly pretend to be real experts and build trust by blocking investors' suspicions.
If someone claiming to be an employee of a financial company recommends investments on social networking services (SNS), contact the financial company's customer service center to confirm their current employment.A Financial Supervisory Service official emphasized, " If SNS claims to provide premium information or mentions principal guarantees or high returns, there is a very high possibility that it is a scam " and "Do not engage in any financial transactions with companies that induce you to participate in group chats or install stock trading apps through links." There are people who lose not only money but also their lives with a single phone call.
\r\n Image generated by AI [Financial News] One day, Mr.
[Chosun Phishing Chronicles] , in collaboration with the Financial Supervisory Service, will reveal in detail the increasingly sophisticated and diversified methods of voice phishing.You can protect yourself just by knowing their methods.To receive this article conveniently, please subscribe to the reporter's page.
\r\n Image generated by AI [Financial News] One day, Mr.
zoom@fnnews.com Lee Ju-mi Reporter