World · East Asia & Pacific · 3 hrs ago

Job sites in South Korea draw complaints over financial scams

Job sites in South Korea draw complaints over financial scams

In South Korea, job ads are being used to draw people into financial scams.

A 28-year-old who applied for remote call-centre work found the training was for luring investors into an illegal investment chatroom and reported the company to the financial regulator.

A 33-year-old who took a chat-counselling side job was urged to invest in a stock scheme, borrowed money and lost it after the company disappeared.

Other victims have been drawn into “team mission” scams, where people in group chats pressure them to complete tasks or send more money.

The financial regulator cannot directly oversee job sites, so victims may have to wait for police investigations after reporting a scam.

The regulator says it is considering working with the labor ministry on measures to strengthen platform oversight, while job sites face calls to screen suspicious ads more closely.

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Financial Supervisory Service officialRegulator
At present, we do not track how many victims there are through job-listing websites.
via Maeil Business