A South Korean man wanted for alleged investment fraud which cost his clients around 4,200 million won (about 120 million baht) has been arrested in Sathon district, Bangkok, on an Interpol red notice.
Kim Kyung Soo, 56, fled to Thailand two years ago to avoid arrest and prosecution in South Korea.
After being alerted by Interpol to his presence in Thailand, police had checked immigration databases but found no travel record for the suspect, so assumed he had entered the country illegally, immigration chief Pol Lt Gen Surachate Hakparn told reporters on Friday.
Receiving information of his reported presence at a condominium on South Sathon Road in Sathon district on March 16, local police and immigration officers rushed to the area. They detained a suspect whose photo and tattoos matched the details in the Interpol red notice.
Mr Kim failed to produce his passport when asked. He later admitted to have fled a criminal case in his home country, the immigration chief said. He had boarded a ship to Vietnam and then illegally entered Thailand via Cambodia through a natural border pass two years ago.
The suspect had been charged with illegal entry. He was held for legal action before being deported to South Korea to face the fraud charges, Pol Lt Gen Surachate said.