Philippines arrests 3 South Korean fugitives

Among the three is 32-year-old Yong Ho Jeon, who was arrested March 25 in his condominium in metropolitan Manila. (Photo: Keith Allison/ Flickr)

MANILA, Philippines –Philippine police say authorities have arrested three South Koreans wanted in their home country, including a man who allegedly swindled his compatriots of more than $5 million.

The national police chief, Ronald dela Rosa, said Monday that Interpol had issued red notices for the three and co-ordinated their arrests with Philippine police and the immigration bureau.

Among the three is 32-year-old Yong Ho Jeon, who was arrested March 25 in his condominium in metropolitan Manila. He allegedly belongs to a group that established a call centre in South Korea that extorted money from people applying for bank loans.

The group allegedly collected 6 billion won ($5.4 million) from the victims.

A South Korean couple wanted in their country for alleged fraud was arrested last Wednesday in northern Benguet province.