Businessman claiming to be Bato’s nephew, 3 others face estafa
A businessman who was claiming to be the nephew of Bureau of Corrections chief Ronald “Bato” dela Rosa and three others were charged with estafa after a lawyer representing a business enterprise filed a case before the Quezon City Prosecutor’s Office for “double-your-money” investment scam.
Named respondents were Billy Ruel dela Rosa, Bermin Tiu, Raymond Matabang, and John Marie Lumdang, with a business address in Batasan Hills, Quezon City.
The case stemmed from an alleged bogus Asphalt Pavement Replacement Project along J.P. Rizal Avenue in Makati City, wherein Dela Rosa and Tiu lured the management of Wizards of the Philippine Coast Inc. company to invest P30 million for the said project in March 2018.
The case of estafa, for violations of the Batas Pambansa 22 or the bouncing checks law, was filed by lawyer Cipriano Robielos III, who is representing the Wizards of the Philippine Coast Inc.
In a seven-page charge sheet, Robielos said Dela Rosa, along with Tiu, approached the company and solicited funds for the road asphalting project. The lawyer said Dela Rosa used the name of former PNP chief Dir. Gen. Bato dela Rosa to convince the management that their investment of P30 million will be doubled once the road project is completed.
Robielos said Dela Rosa and Tiu claimed that they are contractors to a lot of infrastructure projects in the country, mostly with various local government units.
The complainant added that a few days after the company agreed to finance the P30 million for the road project, Dela Rosa and the other accused released a check of P30 million dated March 2018, and another P30 million, dated April 2018.
However, both checks bounced due to insufficient fund and, upon further investigation, the company revealed that they had invested in a ghost project since no asphalting project had ever been done along J.P. Rizal Avenue.
Court records show that an investigation of the company also revealed that Dela Rosa used the P30 million to build a three-story residential house for himself.
Robielos said this is a clear case of “double-your-money” scam wherein the suspects use influence or name of prominent officials to lure individuals or business enterprises to invest in a non-existent project.
The court asked the respondents to answer the complaint. JPV
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