Fraud Suspect Wanted for 4.1 Billion Won Arrested by Police During Halloween Patrol
A suspect wanted for habitual fraud amounting to 4 billion won, who had been on the run for the past two years, has been apprehended by the police.
The Seoul Metropolitan Police Agency’s Mobile Patrol Unit announced on November 6 that it had arrested a 55-year-old man surnamed Yoon, who is accused of committing habitual fraud totaling approximately 4.1 billion won, through a stop-and-search operation.
According to the police, on October 21 at around 1 p.m., Yoon was driving a Mercedes-Benz sedan and loitering near Gangnam Station in Seoul when he was stopped by a patrol officer who found his behavior suspicious. At the time, the police were conducting preventive patrols in crowded areas ahead of Halloween.
Upon checking the vehicle, the patrol officer discovered that Yoon had violated current laws, including failing to carry mandatory insurance, and ordered him to stop. However, Yoon suddenly accelerated and fled toward Gyodae Station. Despite repeated orders to stop, he continued to evade the police, making illegal U-turns and driving against traffic for about 3 kilometers, but was eventually caught in a dead-end alley in Seocho-dong.
Investigations revealed that Yoon was a habitual fraudster with 20 outstanding warrants. From December 2013 to November 2023, he approached 24 victims under the pretense of investment, defrauded them of approximately 4.1 billion won, and had been evading capture for about two years.
The police have additionally charged Yoon with violating the Automobile Liability Security Act and transferred him to the custody of the Gangnam Police Station in Seoul.
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A police official stated, "We will continue to strengthen preventive patrols in areas where serious crimes such as relationship-based and irrational motive crimes are likely to occur, and will do our utmost to enhance the public's sense of safety."
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