
The person at the center of this case
Two unnamed U.S. companies (virtual currency theft victims)
Justice for Two unnamed U.S. companies (virtual currency theft victims) — the trail went cold in 2025, but the truth hasn't.
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How did the four individuals obtain and maintain fraudulent identities and documentation to secure remote employment?
What virtual currency exchanges or wallets were used to launder the $900,000 in stolen funds?
Why do the suspects have ties to both the United Arab Emirates and Laos, and where are they currently located?
Four North Korean nationals—Kim Kwang Jin, Kang Tae Bok, Jong Pong Ju, and Chang Nam Il—are wanted for orchestrating a sophisticated fraud scheme in which they posed as remote IT workers to steal over $900,000 in virtual currency from two U.S. companies in 2022. Using fraudulent identities and documentation, the men exploited their employment access to commit wire fraud and money laundering. Federal arrest warrants were issued on June 24, 2025, and the suspects remain at large with known ties to the United Arab Emirates and Laos.
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Beyond the top three above — each detail below could be the thread that pulls this case open.
Which two companies were targeted, and what security vulnerabilities allowed remote IT workers to access and steal virtual currency?
What communication methods or coordination channels did the team use to operate together across international borders?
Even the smallest detail could be the key to solving this case.
Official wording
Wire Fraud Conspiracy; Wire Fraud; Money Laundering Conspiracy Caution: Kim Kwang Jin, Kang Tae Bok, Jong Pong Ju, and Chang Nam Il, are wanted for their alleged involvement with a scheme to steal virtual currency from two companies, valued at over $900,000 at the time of the theft, and to launder the proceeds of those thefts in 2022. Using fraudulent names and identification documents, the men allegedly gained employment at two companies as Remote IT Workers.
With these roles, these individuals allegedly abused their access at the companies to steal virtual currency. The individuals worked and travelled together as a team.
Federal arrest warrants were issued for the men on June 24, 2025, in the United States District Court, Northern District of Georgia, Atlanta, Georgia, after they were charged with Wire Fraud Conspiracy, Wire Fraud, and Money Laundering Conspiracy. The men speak English and Korean and have ties to the United Arab Emirates and Laos.
Kim Kwang Jin is described as an Asian male, Date of Birth: January 24, 1998, with brown hair and brown eyes. He has an alias of “P.S.” Kang Tae Bok is described as an Asian male, Date of Birth: February 22, 1997, with brown hair and brown eyes.
He has an alias of “Wong Shao Onn.” Jong Pong Ju is described as an Asian male, Date of Birth: January 25, 1997, with brown hair and brown eyes. He has an alias of “Bryan Cho.” Chang Nam IL is described as an Asian male, date of Birth: October 7, 1999, with brown hair and brown eyes.
He has aliases of “Bong Chee Shen” and “Peter Xiao.”
Four individuals allegedly stole over $900,000 in virtual currency from two companies using fraudulent remote IT worker positions
Warrants issued in U.S. District Court, Northern District of Georgia for Wire Fraud Conspiracy, Wire Fraud, and Money Laundering Conspiracy
For information leading to the resolution of this case
For information leading to the resolution of this case