2nd estafa case filed vs Pagadian City mayor, 2 others


Pagadian City Mayor Samuel S. Co claimed of having P5 million investment to Aman Futures’ double-your- money investment scam but denied using Internal Revenue Allotment from the city as investment capital. Richel V.Umel/Inquirer Mindanao

MANILA, Philippines— Another complaint has been filed before the Department of Justice on Tuesday against Pagadian City Mayor Samuel Co, two other local officers and several officials of Aman Futures.

Co, together with City Treasurer Flornina Gerona and Haide Sepada has been slapped with a complaint for syndicated estafa and violation of Republic Act 3019 or the Anti-Graft and Corrupt Practices Act.

The complaint has been filed by a certain Zaalica Adiong, who invested P3.2 million to Aman.

Aside from the three, included in the complaint are Manuel K. Amalilio, Fernando Luna, Lelian Lim Gan, Eduardo Lim, William Fuentes aka Willanie Fuentes, Naezelle Rodriguez and Lurix Lopez.

Adiong, in her complaint said Gerona represented Co in accepting her investment for Aman.

“Aforesaid representation was confirmed when the receipts corresponding to the investments of the complainant were issued by a certain Haide Sepada, employee of Mayor Co stationed at his residence in Tiguma, Pagadian City,” the complaint stated.

Adiong said when the Aman collapsed, Co allegedly tried to amicably settle her “which even made the claim of the complainant stronger that Mayor Co was indeed involved in the operation of Aman.”

This is the second complaint filed against Co before the Department of Justice.

Originally posted at 01:13 pm | Tuesday, Dec. 4, 2012

Get Inquirer updates while on the go, add us on these apps:

Inquirer Viber

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of INQUIRER.net. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

  • ztefertilizerscam9


    • http://pulse.yahoo.com/_D3LDMMAKC6UDQLDVFP2DGSJBXY Jezzrel

      Naku, kulang ang mga kulungan natin, pano iyan???

      • chingnarciso

        Death penalty ang kailangan dyan,or firing squad sa Luneta para makita lahat ng mga taong namamasyal dyan sa Luneta…para  matakot silang gagawa ng kalokohan…

      • Barrabass

        Aba, marami-raming bala ang uubusin sa firing squad. Eh, sangkatutak ang mga greedy na sinasabi nyo dito. 15,000 mahigit na nagpupumilit na magpasok ng pera at kumita ng malaki na mabilis!

        Balita ko merong mataas na opisyal sa probinsiyang yun na nagpasok ng mahigit P200 milyon daw sa Aman…mga gamahan.

        Tapos mabasabasa ko isang Mayor Co ang dinidiin at yung mga nagumpisa ng Aman na GAMAHAN eh tahimik ang DOJ!

        Ano ito, telenobela??? Sino kaya ang tunay na mukhang nasa mataassss na tungkulin na nagmamanyobra ng lahat na ito?

        Subaybayan ang susunod na kabanata…

    • chingnarciso

      What? Firing squad all the greedy people is the right punishment..Jail are so expensive while firing squad are cheaper,,only 50 cents a bullet here in the US. I will donate the money to buy the bullets….

  • Pablo Juan

    editor: “amicably settle her”?

    • JamezMike

      her refers to adiong, bobo

      • mcp472

        bwahaha. “her” was not the problem, genius. Should have read “Co allegedly tried to amicably settle with her”. 

      • indiosbravos2002

        Bulol yong sentence pre.

  • JuanTamadachi

    Off with his head!!


    IKULONG na yang chek na yan…KAAGAD!

  • indiosbravos2002

    Say goodbye to your political career my friend.

  • AJ Giorgio

    ayos yang desk name plate nya ah.. malaki pa sa mukha nya.

    • chingnarciso

      Baka hindi mabasa ang mga may malalabo ng mata, kaya malaki ang mga letra..yabang talaga ang mga buwaya….

  • tata_boy

    lahat ng ari-arian ng chekwang ito ay dapat i-freeze kaagad.

  • red villa

    now is the time for mayor samuel co to face the music.His alibi of political harassment will not hold water this time. more will come out to file cases against him soon. more will be implicated working with him as expected. a band of his cohorts will bank in jail. 

  • blainz

    Preventive suspension and hold-departure order please…

    And ready a doctor. Baka bigla namang magkasakit kuno at mangailangan ng wheelchair.

  • NoWorryBHappy

    Bakit siya lang ?
    Nasaan ang asawa ?
    Buong pamilya ay ganid at nangungurakot !
    Buong pamilya dapat mabulok sa bilangguan !
    How dare them rob the people of their financial future !
    They have no right.

  • stealth ice

    This mayor must be greedy. this guy should be placed in jail and not in hospital.

  • stealth ice

    assets of this mayor should be confiscated like the resort and the hotels and restaurant.

    • Gat Peps

      TO: ‘STEALTH ICE’ – You write as if you’ve got a lot of damaging evidences in your hands to even implicate this mayor. You’re a typical Filipino who makes rash judgments without any basis.

      Don’t you realize this mayor, reports say (see, I’ve got basis here), tried to get the DOJ and NBI to prevent the Aman people from leaving the country? And the culprits left easy!

      Now they’re implicating the same person who cried wolf!

      If you think deeper enough, you’d be suspicious of some sinister plot going on here.

      Watch out for the next report…

To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.

Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:

c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City,Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94


editors' picks



latest videos