MANILA, Philippines—The Department of Justice (DoJ) has ordered the filing of two counts of syndicated estafa charges against investment scam leader Jachob “Coco” Rasuman and his family in Lanao del Sur.
In a 10-page resolution approved by Prosecutor General Claro Arellano, Rasuman together with his wife Princess Tomawis Rasuman, brother Basher Rasuman, Jr., father Basher Rasuman Sr., mother Ema Rasuman and father-in-law Sultan Yahya Jerry Tomawis, is facing a syndicated estafa case.
In a second syndicated estafa complaint, Tamparan, Lanao del Sur Vice Mayor Maning Rasuman and another brother, Jerome Rasuman, are included. Ema Rasuman is not included in the second case.
The charges will be filed before the Cagayan De Oro City regional trial court.
The cases stemmed from complaints of fraudulent moneymaking scheme eparately filed by Achmad Sangcaan and Naim Sampao.
Sangcaan said he lost a total of P5.13 million. He was promised an interest rate of 50 percent to 100 percent in two-months’ time for his investment.
Sangcaan said his first investment was in 2011 in an automobile-related trading corporation named NAD 21 Auto Option Trading Corp. worth P300,000. He alleged that he was convinced to subsequently invest in another Rasuman firm but no longer received any return in investment.
Meanwhile, Sampao allegedly lost P14.3 million to the Rasuman group. Sampao is demanding for damages, inclusive of interests, worth P26.51 million.
These cases are in addition to the case earlier filed against Rasuman and 10 others, also, in Cagayan De Oro City.