A 60-YEAR-OLD Korean fugitive wanted for swindling a compatriot in a futures trading scam has been arrested at his residence in Las Piñas City, the Bureau of Immigration (BI) reported yesterday. Kim Youngho, who was a subject of an Interpol red notice arising from an arrest warrant that a Korean court issued against him, is now detained and awaiting deportation. The BI said Kim had been hiding in the country for more than two years and was already overstaying at the time of his arrest. Based on information provided by the Korean Embassy, Kim, who owned a futures trading company in Korea, conspired with two other suspects in swindling a Korean of more than 137 million won or about $122,000. Kim’s accomplices, who are still at large, are now the subject of a continuing manhunt by BI operatives.

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