The Bureau of Immigration (BI) reported the arrest of a Chinese man tagged as a money launderer for illegal POGOs and the hunt-down launched against a Korean wanted for fraud.
BI spokesperson Dana Sandoval said Wang Zhouyu, 35, was arrested along Roberts St. in Pasay City by operatives of the BI’s fugitive search unit headed by Rendel Ryan Sy last March 4.
Sy said Wang is considered an undesirable alien after the BI was informed by Chinese authorities that Wang has a standing warrant of arrest issued by the Qinhuangdao Public Security Bureau for Fraud in Violation of the Article 82 of the PRC Criminal Procedure Law dated 18 February 2025.
It was learned that Wang and his cohorts reportedly established a network that has been deeply involved in money laundering activities, and coordinates with other fraud groups based in mainland China in order to facilitate fund transfer service of their illegal revenues.
Foreign authorities have traced financial transactions amounting to CNY 19 million that are linked to 23 criminal cases. Wang is reported as a money launderer of illegal POGO operations and scam hubs in the country, assisting them in the illicit movement of funds. He has been detained and placed in the BI’s facility inside Camp Bagong Diwa, Taguig pending his deportation.
Sandoval said that it initiated a manhunt against a South Korean man wanted in his home country for fraud. The man, identified as Na Ikhyeon, 28, is wanted in Korea for his involvement in a deceptive investments.
South Korean authorities said Na misled his compatriots by directing them to invest in non-existent accounts. He and his partners then withdrew the investments for their personal gain.
Na was previously arrested by the BI- in May 31, 2023 and was held in the BI’s facility while awaiting his deportation but this was deferred pending the resolution of an estafa case filed by a Filipina against him at the Quezon City Prosecutor’s Office.
The complainant, an owner of a small jewelry business, said that Na consigned several jewelries as an agent, but failed to remit the full amount of sales despite several demands.
Na attended a hearing related to the said case on March 4, but was able to elude authorities using the court’s restroom and despite the presence of his counsel thus, the hunt-down.
