Police data: Korean retail losses to stock scams hit ~$250M
Reuters cites police data showing claimed South Korean retail fraud losses rose by about a fifth to roughly $250 million in the first half of 2026, as scammers exploited market swings.
South Korean retail traders said they lost about $250 million to fraud in the first half of 2026, up by a fifth from the prior period, according to police data seen. Scammers used market swings to steal from investors. Police investigated 3,506 stock tip chat cases.