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BI to deport fugitive Chinese national in investment scam

/ 04:20 AM September 22, 2019
BI to deport fugitive Chinese national in investment scam

Qian Bingxu. Photo from Bureau of Immigration

MANILA, Philippines — The Bureau of Immigration (BI) is set to deport a Chinese national who has been hiding in the country for nearly a year after he duped his compatriots of an estimated $12 million (P625 million) in an investment scam.

Immigration Commissioner Jaime Morente said Qian Bingxu, 34, was arrested by BI personnel in a high-end Pasay City hotel early this week.

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Qian flew to the country in November last year to evade charges filed against him by around 1,100 of his compatriots.

“We will deport him not only because he is a fugitive from justice. He is also an undocumented alien as his passport was already canceled by the Chinese government,” Morente said.

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Qian allegedly accepted deposits from his victims and promised high returns on their investments.

He, however, did not deliver and went into hiding. —Jovic Yee

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TAGS: Bureau of Immigration, fugitive Chinese, investment scam, Qian Bingxu
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