Philippine luxury life on the run...Arrested in charge of gambling sites worth 2 trillion won

2024.12.22 PM 01:52
The prosecution and the National Investigation Agency of the Philippines arrested the general manager for operating illegal gambling sites worth 2 trillion won overseas and purchasing luxury cars and watches.

The Drug and Organized Crime Department of the Supreme Prosecutors' Office said it arrested 35-year-old A, who is suspected of violating the National Sports Promotion Act and the Crime Profit Concealment Act, in Cebu, Philippines on the 3rd.

From December 2014 to March this year, Mr. A was found to have operated 23 online illegal gambling sites and received 2 trillion won in remittances and purchased 47 billion won worth of real estate, 5 billion won worth of super cars such as Bugatti and Ferrari, and 600 million won worth of watches.

Mr. A was found to have concealed 200 billion won in criminal proceeds in this way.

The Busan District Prosecutors' Office, which investigated the case, obtained information that a woman related to A had entered the Philippines, and a dispatched investigator identified the woman's accommodation and caught A who was hiding on Cebu Island.

Mr. A is being held at the Bikutan International Detention Center in the Philippines, and an emergency extradition process is underway.


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