
Stephan Morgenstern, a German citizen who was arrested in August 2023 in Tirana, is expected to be extradited to South Korea, where he has been sentenced to life imprisonment.
The court session for him will be held on November 6, where confirmation of his extradition is expected to be given.
The 61-year-old and his associates have seized assets and bank accounts estimated at 123 million euros, which the investigators say is not even a third of the income from their crimes.
Interpol and relevant prosecutors from five countries working together have jointly asked the United Arab Emirates authorities in recent days to freeze his assets in Dubai, while his associate Roman Ziemian is still being sought.
According to the investigations, in January of this year, the 61-year-old German had also bought a villa in Albania on the outskirts of Tirana, which he had put in the name of his wife, which seems to shed light on the monetary transfers made by him in our country. .
The arrest of the wanted person in Rinas by the FAST unit, while Stephan Morgenstem was waiting for his wife coming from Dubai to Tirana, was announced yesterday, August 21, 2023.
The wanted person entered Albania in May of this year from Greece by bus, through the border point of Kakavija. The 61-year-old seems to have escaped the checks due to the influx, while it is known that he is equipped with a diplomatic passport from the state of Gambia.
During the period March 27, 2016 – November 7, 2020, he and his associates are accused of defrauding 2,156 people, with a total monetary loss of 40,703,930,904 KRW (South Korean currency) or about 28,000,000 euros.
In December 2022, Stephan Morgenstem was arrested in Greece while attempting to travel to Dubai.
The Korean authorities have decided against the 61-year-old and his associates the seizure of assets and bank accounts that are estimated at 123 million euros.
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