Nelson Morales

Filipino fugitive wanted for $68-M scam arrested in Indonesia

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Article (news)

Agence France-Presse

JAKARTA, Indonesia -- Indonesia&#x27;s immigration office said it handed an Interpol-listed fugitive over to Philippines&#x27; authorities on Tuesday, after he was charged with defrauding thousands of people out of $68 million dollars in a casino-related scheme.According to the Philippines Securities and Exchange Commission, Hector Aldwin Liao Pantollana was involved in a Ponzi scheme that promised high returns for investing in the casino junket industry -- which recruits high rollers to gamble.Criminal charges were filed against Pantollana in May, but Philippines&#x27; authorities said he had long since fled the country.He was detained on November 9 on Indonesia&#x27;s holiday resort island of Bali as he attempted to board a plane to Hong Kong, according to acting director general of the Indonesian Immigration Office, Saffar Muhammad Godam.&quot;From the data, we found out that he had entered Indonesia through Ngurah Rai International Airport on October 10,&quot; Saffar said at a press conference also attended by the secretary of Interpol&#x27;s local office.Saffar said the Interpol red list-wanted fugitive was handed over to the Philippines embassy on Tuesday and will be flown home Wednesday.<div>© Agence France-Presse</div>

According to the Philippines Securities and Exchange Commission, Hector Aldwin Liao Pantollana was involved in a Ponzi scheme that promised high returns for investing in the casino junket industry.

According to the Philippines Securities and Exchange Commission, Hector Aldwin Liao Pantollana was involved in a Ponzi scheme that promised high returns for investing in the casino junket industry.