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3 complainants vs Mayor linked to pyramiding scam withdraw case

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MANILA, Philippines—Pagadian City Mayor Samuel Co maintained that he is being made a fall guy in the Aman Futures pyramiding scheme and expressed confidence that the remaining complaints against him will be dismissed.

In a statement Wednesday, Co, through his counsel Trixie Cruz-Angeles said three complainants in Pagadian have withdrew the cases filed against him.

“We welcome the development that some people have withdrawn their complaints against Mayor Co. These complainants were grossly misinformed by a radio program in September that filing a case against the incumbent mayor would result in a recovery of their money,” Angeles said.

“We are confident that the remaining cases shall soon be dismissed, as it is evident that the mayor is being made a fall guy in this scam,” she said.

However, they refused to comment on the recent complaint filed against Co saying they have yet to receive a copy of the complaint.

The complainant who refused to be identified said that he and several others invested over P100 million in the scheme and pointed to Co as the one who received their money.

“We cannot comment on any alleged new cases filed by alleged victims who are brave at giving interviews but not at having themselves identified because we have not received a copy of the alleged complaint. Nevertheless, we are confident that the case too shall be dismissed,” she said.


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Tags: Aman Futures , investment scam , Nation , News , Pagadian City Mayor Samuel Co




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