Home>News>Metro>Korean fugitive falls in Pampanga, to be deported

Korean fugitive falls in Pampanga, to be deported

BUREAU of Immigration (BI) operatives arrested a Korean fugitive wanted by authorities in his country for involvement in a million-dollar investment scam.

Soung Young Ho, 51, was arrested in a joint operation conducted Tuesday morning by members of the BI’s Fugitive Search Unit (FSU) under Bobby Raquepo and Korean authorities in Bgy. Anunas, Angeles City, Pampanga.

Soung will be deported for being an undesirable alien as he is a wanted fugitive. He is also the subject of an Interpol red notice and his passport is already undergoing cancellation by the Korean government, making him an undocumented alien as well.

Raquepo said a warrant for Soung’s arrest was issued by the Central District Court in Seoul where he was charged with large-scale fraud.

Information from the BI revealed that sometime in June 2015, Soung allegedly defrauded a compatriot of more than US$1.1 million after inducing the victim to invest in a casino business that purportedly was going to start operation in Clark Field, Pampanga.

The suspect reportedly enticed the victim to give him 1.3 billion Korean won as his supposed share in the business after being promised he would receive half of the profits or revenues that would be earned from the casino operations.

Soung reportedly received the money in 48 installments between August 2015 and September 2017. It turned out, however, that the business did not operate.

Prosecutors thus alleged that Soung did not intend to return the victim’s money as the profits that he said would be earned from the casino’s operation could not possibly be realized.

Raquepo said Soung will be detained at the BI Warden Facility in Bicutan, Taguig, pending his deportation. The Korean will then be placed in the bureau’s blacklist after he is deported.