4 men nabbed for swindling | Inquirer News

4 men nabbed for swindling

/ 08:40 AM September 26, 2011

Police arrested four men who were accused of swindling a Talisay city resident of P1 milllion.

The four suspects were identified from  video footage taken inside a mall, where they met.

A fifth  suspect, a certain Lando, remains at large.

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The victim said he was convinced to take part in a business deal and paid P1 milion to the group for “tawas” granules, which turned out to be fake.  The money has not yet been recovered.

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Cebu City Police Chief Ramon Buenafe is expected to discuss details of the unusual case in a press conference today.

Police said the suspects responded to a classified ad where the victim was advertising his house and lot for sale.

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On Sept. 8, the victim met the four suspects in a shopping mall  and paid P1 million for the goods. He discovered the white crystals were fake when he got home.

Police said they traced  the suspects to a restaurant near Plaza Independencia after viewing video footage of the mall’s security camera./CORRESPONDENT RHEA RUTH V. ROSELL

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TAGS: Police, swindling

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