'60s Fugitive with 30 Billion Won in Unpaid Taxes Arrested While Withdrawing Cash at Bank'

Police logo. Photo by Asia Economy DB

[Asia Economy Reporter Yoo Byung-don] A man in his 60s, wanted for not paying approximately 30 billion won in taxes, was arrested while attempting to withdraw cash at a bank.

Seoul Yangcheon Police Station announced on the 14th that they apprehended Mr. A, who was wanted on charges of failing to pay about 30 billion won in taxes through false tax invoices while operating an agricultural and marine products supply business (violation of the Tax Offense Punishment Act), on the 8th and are currently investigating.

According to the police, Mr. A, who had gone into hiding after being reported by the tax office last year, was caught around 1 p.m. on the 8th while trying to withdraw money from an ATM at a bank in Yangcheon-gu, Seoul. Because his account was registered as a fraudulent account, the police were automatically notified, and officers dispatched from a nearby police box arrested Mr. A as he was wandering inside the bank.

A police official said, "There were quite a few people inside the bank at the time, but Mr. A was immediately identified due to his distinctive hairstyle."

Additionally, Mr. A was also booked by the Muju Police Station in Jeonbuk on charges including fraud under the Act on the Aggravated Punishment of Specific Economic Crimes. Accordingly, Yangcheon Police Station transferred Mr. A to Muju Police Station after questioning him.

This content was produced with the assistance of AI translation services.