MAN NABBED FOR SCAM

Authorities arrested Sunday a man accused of being behind a P1.6-billion investment scam that victimized at least 16,000 people, including overseas workers in the Middle East. Superintendent Roque Merdeguia, Philippine National Police Criminal Investigation and Detection Group Anti-Transnational Crime Unit chief, said Darlito dela Cruz was arrested in Henson Ville, Amic around 1 a.m. Sunday. Dela Cruz has a standing arrest warrant for charges of syndicated estafa and estafa. He was the head of the defunct Hyper Program International Direct Sales and Trading Corp.