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South Korean forgery ring accepts cryptocurrency payments to sell fake university diplomas, priced as low as approximately $200

Source: www.dlnews.com
According to DL News, a South Korean forgery ring is selling counterfeit official documents to users via Telegram and prefers payment in cryptocurrency or digital gift cards. A forged Yonsei University diploma sells for approximately $200, an enrollment certificate for about $100, and fake diplomas from overseas universities for around $341. The report notes that the group also offers forged driver’s licenses, kinship certificates, certificates of no criminal record, and bank loan documents. South Korean police stated that the number of arrests related to forgery nearly doubled between 2021 and 2023.

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