Court convicts Korean of estafa
A CEBU City court convicted a Korean car dealer of estafa after he sold a stolen vehicle to a fellow Korean.
Kim Se Wong was found guilty of duping Kim Wang Seok into buying a Mercedes Benz for P1.5 million.
Regional Trial Court Judge Gilbert Moises of Branch 18 sentenced Wong to 20 years imprisonment and ordered him to pay Seok P1.5 million in damages.
Seok said he bought the luxury vehicle on Oct. 25, 2007.
Seok said Wong claimed to be the owner of the car with plate number YFK 841.
The vehicle was registered to a certain Ericka Hidalgo, whom Wong said sold to him the vehicle earlier.
Article continues after this advertisementThe sale was made but the vehicle was later seized by the PNP Traffic Management Group.
NBI agents arrested Wong, who posted bail but did not attend court hearings./ADOR VINCENT S. MAYOL