The Philippines Bureau of Immigration recently arrested a South Korean financial fugitive wanted by Interpol in Parañaque City. The 41-year-old female suspect, Kim Mi-ri, is wanted for her involvement in large-scale investment fraud and money laundering activities in South Korea, with the total amount involved exceeding 1 billion Korean Won (approximately 41 million Philippine Pesos).
Arrest Operation and Involved Agencies
The arrest operation was jointly conducted by the Philippines Bureau of Immigration's Fugitive Search Unit (BI-FSU) and the National Police Criminal Investigation and Detection Group (PNP-CIDG). The operation was completed on September 20 in Parañaque City, and the suspect is currently detained.
Background of the Warrant and Amount Involved
Kim Mi-ri has been suspected of organizing large-scale investment fraud activities in South Korea since 2020 and transferring illegal proceeds through money laundering. Due to the significant amount involved and her fleeing abroad, Interpol issued a red notice for her. The Philippines Bureau of Immigration had already blacklisted her in June 2022.
Official Statements and International Cooperation
The Director of the Philippines Bureau of Immigration, Joel Anthony M. Vidal, emphasized that international criminals will not be allowed to use the Philippines for criminal activities. He stated that the Bureau will continue to work closely with domestic law enforcement agencies and international partners to ensure that fugitives are captured and deported according to the law.
Significance of the Case and Further Processing
This successful capture demonstrates effective cooperation between the Philippines and international law enforcement agencies. The case also reflects the importance of pursuing transnational financial crimes. The suspect will be processed according to relevant legal procedures and is expected to be deported to South Korea for trial.
