Three Korean nationals wanted for large-scale fraud in South Korea were arrested in Cebu, the Criminal Investigation and Detection Group (CIDG) reported.
CIDG Director Maj. Gen. Robert Alexander Morico II identified the suspects as Kim, 43; Jung, 44; and Yousung, 44 — alleged key members of a fraud syndicate operating in South Korea.
The men were apprehended on October 16 in Barangay Pardo, Cebu City by joint operatives of CIDG, the Bureau of Immigration Fugitive Search Unit, and the Naval Intelligence and Security Group based on INTERPOL Red Notices.
Authorities said the group forged loan documents between 2022 and 2024 to secure ₩5.9 billion (about ₱240 million) in fraudulent car loans.
Morico lauded the CIDG and its partners for their “unyielding efforts” in the manhunt, saying the arrests aid South Korea in pursuing justice for the victims.
