Korean man busted for embezzlement

Korean man busted for embezzlement

Pol Lt Gen Sompong Chingduang, acting Immigration Bureau commissioner, on Thursday explains the charts detailing fraud allegedly committed by a Korean man and a romance scam perpetrated by a Nigerian. (Photo by Apichart Jinakul)
Pol Lt Gen Sompong Chingduang, acting Immigration Bureau commissioner, on Thursday explains the charts detailing fraud allegedly committed by a Korean man and a romance scam perpetrated by a Nigerian. (Photo by Apichart Jinakul)

A South Korean man was arrested for allegedly embezzling investors in South Korea before fleeing to Thailand.

Acting Immigration Bureau (IB) chief, Pol Lt Gen Sompong Chingduang, said that the 51-year-old man -- identified only as "Choi" -- was arrested at the entrance of Sukhumvit Soi 46 on July 12.

Pol Lt Gen Sompong said that the arrest was made after the South Korean embassy in Bangkok informed the IB that Mr Choi, who has several arrest warrants on his name, had fled to Thailand.

Mr Choi is accused of establishing a company called Fasskey Technology, and luring two South Korean men, identified only as "Lee" and "Won" -- into investing in the business with the promise of high returns.

The two men bought shares worth about 690 million won (about 20 million baht) in February 2018. Shortly after, Mr Choi took the money and came to Thailand to live with his family.

According to police, he has lived at different addresses to evade the authorities. Before his arrest, he was staying at a hotel in Phra Khanong.

The IB said his visa will be revoked and the bureau is processing his deportation to South Korea.

Also on Thursday, the IB announced the arrest of a Nigerian romance scammer named Samuel Chukwudi.

Police said that the suspect created a Facebook account using a picture of a good-looking man to attract Thai women.

He pretended to be a real-estate broker, telling his victims he had a friend who was buying a 160-million-baht property in Thailand who needed to pay almost 900,000 baht in down payment immediately, investigators said.

The suspect asked the victims to transfer the fee to him and promised they would be repaid later, plus interest.

One of the victims filed a police complaint in Phuket. The provincial court subsequently issued a warrant for his arrest. Mr Chukwudi was arrested by police at a condominium in Bangkok's Bang Na area on July 19.


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