A counterfeit check / Courtesy of the Dongdaemun Police Station

A man has been arrested on charges of using a 103.9 trillion-won ($79.26 billion) counterfeit check to pay his debts, police said Wednesday.

The Hyehwa Police Station in Seoul said the man in his 60s offered the fake check to his creditor on July 1. It was found to have been forged between April and June of this year.

He was questioned early last month and then disappeared. The police began to track down the suspect with court warrants last Wednesday and apprehended him the following day.

The police said they will transfer him to the prosecution this week. (Yonhap)