BI nabs South Korean fugitive wanted for telcom fraud

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A South Korean fugitive wanted for his alleged involvement in a voice phishing scam was arrested by the Bureau of Immigration (BI) at the Ninoy Aquino International Airport (NAIA).

According to Interpol’s national central bureau in Manila, the Busan district court in South Korea issued an arrest warrant against the suspect for telecommunications fraud in February 2022.

He is accused of allegedly being a member of a voice phishing syndicate that impersonates financial institution agents and makes random calls to victims while promising huge returns on their money. Hundreds of victims were reportedly lured into the scheme and enticed to deposit money into the syndicates' bank accounts, totaling to more than 4.5 billion won or about US$3.5 million.

 

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