The Busan Metropolitan Police Agency has apprehended 118 individuals, detaining 28, for orchestrating a massive investment scam. The gang allegedly defrauded 284 investors of a staggering ₩24.5 billion by making false promises of guaranteed principal and high returns on cryptocurrency and unlisted stock investments. According to YTN reports, the fraudulent activities spanned from October two years ago to April of this year. The group enticed victims with assurances of lucrative gains in volatile markets, ultimately pocketing billions. This arrest highlights the ongoing risks associated with unregulated investment schemes, particularly in the rapidly evolving cryptocurrency landscape. Authorities are urging investors to exercise extreme caution and conduct thorough due diligence before committing funds to any investment opportunity. ```