Interpol-wanted Korean con artist nabbed in Vietnam

TN News

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A South Korean man wanted by Interpol for allegedly misappropriating over US$7.2 million in his country has been arrested in Vietnam, where he is accused of evading taxes.

Lee Jong Suk, 45, was seized on October 2 when hiding at an apartment in Ho Chi Minh City, a report on An ninh Thu do (Security in the Capital) Tuesday said.

However, due to the HCMC Tax Agency's accusations against him, Lee will be kept in Vietnamese police custody for investigations into his alleged tax evasions before being handed over to South Korean police, the news report said.

Details about his violations in Vietnam were yet to be available.

According to documents provided by South Korean police who asked for local police's cooperation in searching for Lee in August, the man served as the general director of Vietnam Korea Housing, a construction company based in that country, when he embezzled 2.5 billion Korean won ($2.23 million) and over $5 million in October 2008.

The company, which borrowed 22.2 billion Korean won ($19.83 million) from Daewoo Securities a stock brokerage and banking investment company, was also involved in the APT Trade Center project in Tan Phu District, HCMC.

Lee fled South Korea in August and was found entering Vietnam on August 30, the newspaper quoted Vietnamese police as saying, adding that he had visited Vietnam many times since 2007.

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