Prosecutors raid home, office of conman’s dead nephew
Social affairsOct 21, 2015
Prosecutors raided the home and office of the dead nephew of the nation’s largest pyramid schemer on Wednesday as they try to find evidence that the conman may be alive.Cho Hee-pal has been at large since 2008 and is suspected of swindling about 4 trillion won ($3.5 billion) from an estimated 50,000 people, according to prosecutors in Daegu, South Gyeongsang Province, where Cho started the scheme.Cho, who would be 58 if alive, allegedly asked people to invest in a medical device business from 20