NBI nabs 9 S. Koreans for fraud

FILE: BUSTED. NBI officials present the nine South Korean felons to members of the media at the NBI main office in Manila on Tuesday (Aug. 13). (Photo by Benjamin Pulta)

MANILA–Agents of the National Bureau of Investigation (NBI) have arrested a South Korean fugitive wanted in his country for fraud along with eight of his compatriots for stealing personal and financial information from “phishing” victims.

During a presentation before members of the media, NBI officials said Kim Tae Yang, whom they said faces fraud charges in South Korea, was arrested along with Jung Ju Wan, Oh Young Seong, Song Jong Min, Jin Jun Young, Kim Dae Hyun, Sung Won Kang, Yeong Hak Tak and Young Jo Choi by the Bureau’s Special Action Unit in Angeles City.

The NBI operation was conducted last August 10.

The foreigners operated in two houses where the NBI agents seized from their possession fraudulently acquired bank cards and password machines which they used to transfer funds from their victims into other bank accounts under their control, the NBI said.

Charges for violation of Republic Act No. 8484 (Access Devices Regulations Act of 1998) and Republic Act No. 9165 (Comprehensive Dangerous Act of 2002) were filed against the South Koreans.