PNP and Bureau of Immigration (BI) personnel arrested a Korean wanted for financial fraud during an operation in Parañaque City on Saturday.
The PNP Criminal Investigation and Detection Group (CIDG) announced yesterday the arrest of the female suspect, identified only as Kim.
The CIDG said Kim was nabbed at around 11:30 p.m. last Saturday in Barangay Tambo by virtue of a Red Notice from the Interpol issued on November 3, 2022.
“The Red Notice stated that the subject is a fugitive wanted for prosecution for an arrest warrant or judicial decision for fraud, and Violation of Special Act on the Prevention of Loss caused by Telecommunications-based Financial Fraud and Refund for Loss,” the CIDG said in a statement.
“The fugitive is allegedly overseeing money laundering operations of an investment syndicate based in the Philippines,” added the CIDG.
Police said Kim’s group created fake investment websites which were used to amass over KRW 1 billion (about P42 million) in illicit revenues since 2020.
Kim is now under the custody of the BI “for documentation and proper disposition,” the CIDG said.
CIDG director Maj Gen. Robert Morico II commended the personnel “for their unyielding effort in capturing the foreign fugitive.”
“With her arrest, we helped the prosecution of the case and eventual service of justice,” he said.
Morico assured the public that the CIDG is steadfast in “enforcing all the laws, and unrelenting in its fight against most wanted persons and fugitives, local or foreign, nationwide.”
