MANILA, Philippines — The Bureau of Immigration (BI) has arrested in Bohol a high-profile German fugitive wanted for a string of fraud cases in his country.
Martin Otto Albert Kistner was finally captured on Monday by immigration intelligence agents at a beach resort in Barangay (village) Pulangyuta in Dimiao, Bohol after eluding authorities for more than a year, BI Commissioner Siegfred Mison said on Wednesday.
Records showed that the 59-year-old German fugitive arrived in the country on June 10, 2012 as a tourist using his brother’s passport.
An arrest warrant was issued against Kistner by the public attorney’s office in Regensburg, Germany on July 11, 2012 for crimes he allegedly committed in 2007 as managing director of a company called TwentySecond Gmbh based in Amberg.
Prosecutors alleged that Kistner duped a victim of 1.1 million euros after the latter was lured into giving a loan in exchange for shares of stock as collateral, which turned out later to be of no value.
The German national was also accused of deceitfully disposing of his company’s assets by lending 1.025 million euros to another company without any collateral. The said loan was supposedly credited to the borrower’s account from which 950,000 euros were immediately withdrawn and transferred overseas.
“He will be deported for being an undocumented and undesirable alien,” Mison said on Wednesday. Kistner, currently detained at the BI detention facility in Bicutan, Taguig City, will be escorted back to his homeland by two German federal policemen, according to Mison.