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Mayor tagged in scam asks Sandiganbayan to handle case

PAGADIAN CITY—Outgoing Mayor Samuel Co is asking the Sandiganbayan to handle the case filed against him in connection with the Aman scam, saying the antigraft court is the proper venue for the trial and not an ordinary criminal court.   Ferdinand Mas Pablo, Co’s lawyer, told reporters here that the mayor took special notice of […]

Posted: June 12th, 2013 in Headlines,Regions | Read More »

Court freezes 108 bank accounts of Pagadian mayor, wife

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Court of Appeals

The Court of Appeals (CA) has frozen an additional 141 bank accounts in connection with the P12-billion Aman Futures Group Phil. investment scam, which duped around 15,000 investors earlier this year.

Posted: December 13th, 2012 in Editors' Picks,Headlines,Nation | Read More »

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

Former Pagadian City Mayor Samuel S. Co.  INQUIRER FILE PHOTO

Another complaint has been filed against Pagadian City Mayor Samuel Co and two others in connection with his alleged participation in Ponzi scheme involving Aman Futures.

Posted: December 4th, 2012 in Latest News Stories,Regions | Read More »

CA freezes bank accounts of 23 Aman execs, firms


The Court of Appeals has frozen the bank accounts of 23 Aman Futures executives and their companies in connection with an alleged P12-billion investment scam that investigators suspect is also being used to fund terrorist activities, the Department of Justice (DOJ) announced on Wednesday.

Posted: November 29th, 2012 in Banner Story,Editors' Picks,Headlines,Nation | Read More »

Pagadian City Mayor urges DOJ to probe evidence against him

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The main gate of the Aman Futures office compound remains locked in Pagadian City. The president of the failed investment group surfaced Thursday, Dec. 27, 2012, at the Department of Justice (DOJ) to belie accusations he was involved in the P12-billion Ponzi scheme FILE PHOTO

Mayor Samuel Co of Pagadian City called on the Department of Justice (DOJ) to examine the testimonial and documentary evidence that allegedly linked him to Aman Futures’ double-your-money scam.

Posted: November 28th, 2012 in Latest News Stories,Regions | Read More »