Fake Rhee Chang-yong account funnels users into investment groups

  • A fraudulent account impersonating Rhee Chang-yong directed users into investment groups.
  • Sept. 22-23: The account posted Rhee Chang-yong's personal resume details and promoted group chats.
  • The Bank of Korea secured the account's removal, while related Telegram groups remained active.

A fraudulent social-media account impersonating Bank of Korea Governor Rhee Chang-yong lured users into investment groups by posing as an economic-study resource. Between Sept. 22 and 23, it posted details from Rhee's personal resume and directed people who added the account or sent private messages into group chats, avoiding public investment recommendations. The Bank of Korea requested the platform remove the profile, which was banned within hours, but associated investment signal groups with large memberships remained active on Telegram. The incident comes amid a broader rise in South Korean financial fraud, including scams impersonating SK Group Chairman Chey Tae-won, LG Group Chairman Koo Kwang-mo and Samsung Electronics Chairman Lee Jae-yong through AI-generated deepfake videos that mimic voices and facial expressions.

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