MANILA, March 14 (Xinhua) -- Philippine operatives arrested Thursday a Filipino-American wanted in the U.S. for a multi- million dollar investment scam.
The National Bureau of Investigation (NBI) nabbed Rodolfo Suacon at his house in the northern Philippine province of Pampanga where he has been holing out for 10 years since he eluded arrest for fraud and money laundering case filed against him by 80 individuals in California.
According to NBI Foreign Liaison Division Chief Daniel Daganzo, Suacon was a subject of an extradition request by the U.S. Federal Bureau of Investigation for duping investors.
"He (Suacon) stands as an accused in a county court in California but while facing trial, he flew back to the Philippines. Since then, he went into hiding," Daganzo said.
Daganzo said the U.S Embassy in Manila has asked the Philippine justice department for assistance early this week after a local court in Manila ordered Suacon's arrest.
Daganzo said they were able to trace the whereabouts of the fugitive through the information passed on to them by the FBI. NBI operatives immediately went to Pampanga to arrest Suacon.