Police in Ha Tinh Province arrested a Korean national on June 13, who was wanted across countries on charges of fraud and swindling.
Her Hyunjae, 65, director of a construction company in Hanoi swindled Kim, another Korean, of US$420,000 in October 2009, on the pretext of setting up the VIKONEC-BOOKANG Company that would then bid in a stake in the Hanoi-Hai Phong Expressway project.
According to the police in South Korea, Hyunjae has been absconding from the country ever since he collected the money from Kim and hiding in Vietnam. To avoid detection, he has been living in different locations. However, the police caught up with him in Ha Tinh Province and are now detaining him.
Vietnam’s Ministry of Public Security will soon take a decision to deport him back to South Korea.