Full Recovery Including Emotional Distress in Index Trading Scam by Chat-Room and Fake Exchange Impersonators

Case Overview

Our client, deceived by false promotions of '100% guaranteed profits from commodity and index time trading' in a Telegram Chat-Room joined through a Naver stock café, suffered serious financial harm by remitting KRW 30 million in lifetime retirement savings to an account in the defendant's name.

Our Strategy

Immediately after the initial consultation, DAEON's attorneys clearly organized the remittance records and the evidence of data manipulation on the impersonation site, and set out in the complaint, without gaps, the defendant's violation of the Electronic Financial Transactions Act and liability for aiding and abetting the tort. By building an overwhelming and complete body of proof—so complete that the defendant could not even file a rebuttal or answer—we obtained from the court, without oral argument, a judgment granting the full claim of KRW 33 million, comprising not only the KRW 30 million principal lost but also KRW 3 million in Emotional Distress for emotional distress.

Result · Full Win

This is the result of an individual case and does not guarantee a similar outcome. Some facts have been generalized and personal information redacted to protect the client.

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Attorney in charge: Dongwoo Shin