A Chinese fugitive who is "wanted in his country for economic crimes" has been arrested in Makati City, the Bureau of Immigration (BI) said on Wednesday, July 3.
BI Commissioner Norman Tansingco identified the fugitive in a statement as Chen Xiao Bang, 29, who was arrested by operatives of the bureau’s Fugitive Search Unit (BI-FSU) last Tuesday, July 2, in Barangay La Paz, Makati City.
Tansingco said the members of the arresting team "were armed with a deportation warrant which I signed pursuant to a summary deportation order that was issued against Chen by the Board of Commissioners.”
He said that Chen is already an undocumented alien after the Chinese government canceled his passport.
Chen will be deported to China once the necessary clearances have been secured by the BI, he also said.
“Meantime, he remains confined in our detention center at Camp Bagong Diwa, Taguig City while awaiting his flight,” he added.
The BI said that Chen, who arrived in the Philippineson Aug. 25, 2019, was issued an arrest warrant by the Pudong branch of the Public Security Bureau in Shanghai, China “for engaging in a fraudulent investment scam.”
“He was accused of conspiring with other suspects in perpetrating a scam that allegedly defrauded Chinese investors of more than 3 million Chinese yuan, or more than $412,000 since 2018,” it said.