Police said Thursday they have busted a Thailand-based voice phishing ring that allegedly swindled 6.7 billion won ($4.73 million) from 68 victims in Korea last year. Eleven members of the phishing ring, including its 29-year-old Korean leader, have been apprehended and referred to the Seoul Central District Prosecutors Office, with nine of them put under arrest, according to the Seoul Metropolitan Police Agency. The police also took measures to freeze 157 million won in criminal proceeds. The suspects, all in their 20s and 30s, are accused of impersonating Financial Supervisory Service and prosecution officials to demand and obtain nude photos from victims between May and December last year, producing sexual exploitation materials using the photos, and extorting about 6.7 billion won by demanding deposits purportedly for victim compensation. The phishing ring was formed last year with 24 members, including 20 Koreans and four Chinese nationals, according to police officials. They set up a call enter in Bangkok and carried out the scam by dividing their members into three roles. Randomly s