The lawyer of Pagadian City Mayor Samuel Co on Wednesday questioned the Department of Justice’s (DOJ) proceedings that led to issuance by a court of an arrest warrant against the local executive for alleged involvement in the multibillion-peso investment scam perpetrated by Aman Futures Inc.
Pagadian City Mayor Samuel Co, who has been slapped with an arrest warrant for his alleged role in the Aman Futures investment scam, has been rarely seen in Pagadian these days but he has not been hiding, the executive’s lawyer said on Wednesday.
The Iligan City Regional Trial Court has ordered the arrest of Pagadian City Mayor Samuel Co who is facing syndicated estafa in connection with Aman Futures pyramiding scheme.
Suspected investment scam leader Jacob “Coco” Rasuman on Monday appeared for the first time since his arrest in November at the Department of Justice to subscribe to his counter-affidavits in 15 more syndicated estafa cases filed against him and his family.
The implementation of a Court of Appeals order quashing the charges of syndicated estafa against a Globe Asiatique (GA) officer, Cristina Sagun, and recalling the arrest warrant against her has been delayed because the judge handling the case has yet to report for work.
The Department of Justice (DOJ) is bent on pursuing the syndicated estafa case against realty firm Globe Asiatique (GA) owner Delfin Lee and four others, which the Court of Appeals (CA) has dismissed, Justice Secretary Leila de Lima said on Tuesday.
The Court of Appeals decision dismissing the syndicated estafa case against a Globe Asiatique official in the questionable P6-billion loan of the real estate firm from Pag-IBIG Fund is not yet final, Justice Secretary Leila De Lima said Tuesday.
The government will challenge in the Supreme Court the Court of Appeals’ dismissal of the syndicated estafa charge against a coaccused of fugitive Globe Asiatique president Delfin Lee, Malacañang said Monday.
In August 2011, the Department of Justice (DOJ) approved the filing of a syndicated estafa case against Globe Asiatique Realty Holdings Corp. owner Delfin Lee, his son Dexter Lee, Globe Asiatique officers Christina Sagun and Cristina Salagan and Pag-Ibig Fund official Alex Alvarez.
The multi-million-peso investment scam perpetrated by Jachob “Coco” Rasuman was apparently a family affair. This emerged after the Department of Justice recommended on Wednesday, the filing of syndicated estafa case not only again against Rasuman, his father, mother, brother and his wife but also for the first time his father-in-law and two other brothers.
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.
Another accused in the multi-billion peso Aman Futures pyramiding scheme surrendered to the National Bureau of Investigation, an official confirmed Tuesday.
The president of the failed Aman Futures Group surfaced Thursday at the Department of Justice (DOJ) to belie accusations he was involved in the P12-billion Ponzi scheme that victimized some 15,000 people in the Visayas and Mindanao.
