'Mas­ter­mind'

Man be­hind in­vest­ment scam nabbed

Sun.Star Davao - - NETWORK NEWS -

MANILA - Au­thor­i­ties ar­rested on Sun­day, Novem­ber 12, a man ac­cused of be­ing be­hind a P1.6-bil­lion in­vest­ment scam which vic­tim­ized at least 16,000 peo­ple, in­clud­ing over­seas Filipino work­ers in the Mid­dle East.

Su­per­in­ten­dent Roque Merdeguia, Philippine Na­tional Po­lice (PNP) Crim­i­nal In­ves­ti­ga­tion and De­tec­tion Group (CIDG) Anti-Transna­tional Crime Unit (ATCU) chief, said Dar­l­ito dela Cruz was ar­rested in Hen­son Ville, Amic, An­ge­les City around 1 a.m. Sun­day. He has known ad­dresses in Bin­ma­ley, Pan­gasi­nan and Ca­mara Is­land in Bo­tolan, Zam­bales.

Dela Cruz has a stand­ing ar­rest war­rant for charges of syn­di­cated estafa and estafa is­sued by the Que­zon City Re­gional Trial Court Branch 215 in 2016.

Dela Cruz was the head of the de­funct Hy­per Pro­gram In­ter­na­tional (HPI) Di­rect Sales and Trad­ing Cor­po­ra­tion, which started op­er­a­tions in March 2014. Merdeguia said the com­pany’s modus operandi was to in­vite or re­cruit cus­tomers through the in­ter­net, par­tic­u­larly so­cial me­dia, to in­vest in its cos­met­ics and health and wellness prod­ucts with a prom­ise of 30- to 35-per­cent in­vest­ment re­turn in a span of 40 to 45 days.

Milo Brioso/SS-Baguio

GI­ANT CHRIST­MAS TREE. Chil­dren beam with joy af­ter a mall in the Sum­mer Cap­i­tal un­veiled its gi­ant Christ­mas tree cen­ter­piece to usher the Yule­tide sea­son in the high­land re­sort.

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