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.
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.
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.
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.
A paper trail linking Pagadian City Mayor Samuel Co to a multi-billion-peso pyramiding scam has been produced by two witnesses now under the protective custody of the National Bureau of Investigation.
The National Bureau of Investigation (NBI) has in its custody two complainants who have linked Pagadian City Mayor Samuel Co and his wife to the multibillion peso Aman Futures group pyramiding scam, a bureau official said.
