Investigators from the Ministry of Public Security on Wednesday arrested a South Korean man for allegedly swindling around US$300,000 from local students who wanted to study abroad.
A source from the ministry said it has received several complaints from Hanoi claiming Kim Young-hwan, 52, and his Vietnamese wife Hoang Thi Cuc were scammers.
They said the couple opened a company in Hanoi that provided "educational services."
They collected money from prospective students in advance but never brought them to South Korea.
The duo have received nearly 100 applications.
Police are also investigating Cuc but has not put her in custody as she is taking care of her little child.