MANILA, Philippines — The Philippine National Police (PNP) has taken the lead in filing syndicated estafa complaints against Emgoldex executives, after two of their own men fell prey to the alleged investment scam.
The Criminal Investigation and Detection Group Anti-Fraud and Commercial Crimes Unit (CIDG-AFCCU) filed two separate estafa complaints against seven Emgoldex executives last week–the first last Thursday, on the basis of the complaint of PO3 Lenin Guinit , in the Quezon city prosecutor’s office, the second on Friday in Manila city on the basis of the complaint of PO2 Josegelio F. Dayrit III.
The complainants were among those who, on Nov. 2, gave their accounts to the CIDG and executed statements accusing the suspects of “duping and defrauding them of their hard-earned money by way of illegal offering of securities and online solicitation of investments.”
Named respondents in both complaints were Kevin del Mundo Miranda, Ryan Manuit, Charles Juiz Padilla, Raahbel Ymas, John Rafael Calicdan, Jose Victorio Cajita, and Paul Alviar.
In a statement on Monday, Supt. Bowenn Joey M. Masauding, the AFCCU acting chief, described the respondents as “incorporators of Prosperous Infinite Philippines Holdings Corp. (PIPHC) which was registered with the SEC sometime on August 2015 to aid and assist Global InterGold (GIG) investors who were unable to obtain a return on their investment.”
GIG was just a new entity created by the respondents after the Securities and Exchange Commission (SEC) issued advisories against Emgoldex, Masauding said. The SEC earlier said that GIG was not a SEC-registered corporation.
The SEC, last Nov. 6, also filed complaints against the same respondents at the Department of Justice for operating an unlicensed investment scheme. The SEC already filed a cease and desist order on Nov. 5 against their operations. The SEC has also brought the case to the attention of the Anti-Money Laundering Council. SFM