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Yesterday (18th), I was informed that financial instruments linked to foreign interest rates would not be able to keep the principal and cause huge losses. As the FSS looked into it, 90% of the people who invested in this product were private investors. If you look closely, about 3,600 people have invested more than 730 billion won, about 200 million won per person. 95% of your investment will be lost.

There are many investors who retired and funded old age, but reporter Jang Hoon-kyung told how this situation was achieved.

<Reporter>

Kim, who is 64, invested 500 million won in his UK interest rate derivatives, DLF, in May, including his wife's retirement allowance.

As it is old money, they asked for safe operation, but the bank reassured that there was little possibility of losing.

But now, three months later, they lost about 200 million won, or 40% of the principal.

[Mr. Kim / DLF Investor: Please rest assured that you have never lost. If there had been any talk of such a high-risk principle, we didn't go in at all. I trusted the bank.]

Of these overseas interest rate-linked derivatives sold by Woori and Hana Bank, about 730 billion won has already been lost.

There is a possibility that banks have not properly informed that they may lose money when selling goods.

They may be obsessed with their performance rather than stable operation.

[Uri Bank Representative (Last June): (Overseas Linked) Interest rate products were recommended a lot. Don't worry, stay at ease.]

It is also questionable whether the bank has properly reviewed the risks of the product internally.

Some banks reviewed the product and decided not to sell it.

Investors are expected to lose hundreds of billions of won, but securities companies, managers, and banks that have made and sold their products have earned commissions of about ten billion won.

Banks say they are not unfairly sold as long as investors have signed them, but the FSS says it will enter a dispute resolution process if it finds that it has not properly communicated the risks of an investment.

(Video coverage: Park Dae-young, Video editing: Kim Jun-hee)