Two foreign nationals wanted by China for large-scale economic crimes were arrested in Manila, according to the Bureau of Immigration. Chinese national Su Yan, 47, and Hong Kong national Hui Chi Lam, 55, were apprehended on October 31 in their Tondo, Manila condominium.
The arrests were made following a request from the Chinese government, with Immigration Commissioner Joel Anthony Viado issuing a mission order for the operation. Su and Hui are accused of running an illegal investment scheme since 2018, defrauding investors of over 59 million yuan (approximately $8.2 million or P478 million) by selling unlicensed financial products.
The Chinese government had issued arrest warrants for both suspects in March. In addition to the economic crimes, they also violated Philippine immigration laws by overstaying their tourist visas.
The two are now in detention at the Bureau of Immigration’s facility in Taguig, awaiting deportation proceedings.
