Manila, June 26 -- Nine South Korean nationals allegedly involved in an online loan fraud scheme were arrested following a joint operation headed by the Bureau of Immigration (BI) in Paranaque City.

In a news release on Thursday, BI Commissioner Joel Anthony Viado said the operation was conducted on Wednesday evening and lasted until the early hours of Thursday.

The illegal activity was discovered when BI operatives, together with National Bureau of Investigation (NBI) personnel, implemented a mission order issued against two other foreign fugitives at a condominium unit in the city.

The nine South Korean nationals, aged between 29 and 31, were caught in the act of operating suspected scam platforms, the BI said.

Upon inspection, auth...