Close  

CIDG arrests 4 suspects in alleged investment scam

By: - Reporter / @CMarquezINQ
/ 09:21 PM October 05, 2019
Clockwise from top-left: Reo Mark Borbon, Jarwin John Balosca, Mary Jane Aberos, Richelle Hernandez. Photo from CIDG

Clockwise from top-left: Reo Mark Borbon, Jarwin John Balosca, Mary Jane Aberos, Richelle Hernandez. (Photo from CIDG)

MANILA, Philippines — Four suspects allegedly running an investment scam were arrested in an entrapment operation by operatives of Criminal and Investigation Detection Group (CIDG) of the Philippine National Police (PNP) in Quezon City on Friday afternoon.

In a report on Saturday, the  CIDG identified the suspects as Mary Jane Aberos, Richelle Hernandez, Jarwin John Balosca, and Reo Mark Borbon.

ADVERTISEMENT

The PNP launched the operation after an unnamed complainant claimed that a certain Broilerprenure Corp. is allegedly soliciting money for investment with a promise of a 100% interest payout after 40 days, but 12% will be deducted as facilitation fee, making the return on investment at 88%.

The complainant was planning to invest his P50,000 worth of cash but sensed that the investment was a scam.

FEATURED STORIES

Police said the corporation, based in Quezon City, solicited investment money from residents of Bulacan and nearby provinces.

The CIDG in Bulacan launched a surveillance operation and launched entrapment operation at the firm’s office located on West Avenue, which led to the arrest of the suspects.

CIDG will file complaints of direct assault, resisting arrest and disobedience against the suspects.

A case for violation of Republic Act 8799 is also being readied against the suspects.

/atm

ADVERTISEMENT
Read Next
LATEST STORIES
MOST READ
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: CIDG, investment scam, Jarwin John Balosca, Mary Jane Aberos, Reo Mark Borbon., Richelle Hernandez
For feedback, complaints, or inquiries, contact us.
entertainment

Unlikely triangle

November 16, 2019 12:35 AM

entertainment

Epy’s advice to guys who are ‘torpe’

November 16, 2019 12:30 AM

entertainment

Alec Baldwin’s wife mourns miscarriage

November 16, 2019 12:25 AM

entertainment

Love shines through in GMA Network’s Christmas Station ID

November 16, 2019 12:20 AM



© Copyright 1997-2019 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.