Another Aman Futures official surrenders to NBI
By Tetch Torres
Another accused in the multi-billion peso Aman Futures pyramiding scheme surrendered to the National Bureau of Investigation, an official confirmed Tuesday.
Another accused in the multi-billion peso Aman Futures pyramiding scheme surrendered to the National Bureau of Investigation, an official confirmed Tuesday.
The weather disturbance brought by tropical depression Auring, which has been affecting several Mindanao areas, prompted the cancellation of all domestic flights from and to Pagadian City, on Thursday, and a prohibition on all sea vessels from sailing into open waters in the Zamboanga peninsula.
Mayor Samuel Co, in an apparent bid to project himself as among the victims and not a conspirator in the Aman scam, filed a complaint against those behind the activity in the city prosecutor’s office here.
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.
The Pagadian City prosecutor’s office acted swiftly on the syndicated estafa case filed against Visioner 2020 Trader’s International, a budding scam operating in the city.
Weeks before Aman Futures collapsed, employees of the firm had been warning investors to withdraw their cash placements as soon as they matured to avoid “losing their money forever.”
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.
Just two months ago, the small Internet café in San Pedro village here, a kilometer from the abandoned office of Aman Futures Group Phils. Inc., was bustling with life, with customers keeping its 10 computer units humming.
