THE offices of a fake investment company in Bukidnon which is believed to have duped multi-million pesos worth of hard-earned savings and loans of their victims from Northern Mindanao was raided by agents of the Philippine National Police Criminal Investigation and Detection Group on Thursday afternoon, PNP-CIDG director, Major General Amador V. Corpus announced yesterday.
The official said the raids at the offices of JA Mining Ventures in Barangay 4 in Malaybalay City, Bukidnon; Barangay Poblacion Hagkol in Valencia City; and Purok 5, North Poblacion, Maramag municipality resulted in the arrest of five suspects and the recovery of various documents and computer equipment being used by the fake investment scam ‘brains.’
Members of the CIDG Regional Office 10, in coordination with the Bukidnon Police Provincial Office conducted the raids in the wake of the PNP-CIDG’s ongoing pro-active campaign against firms involved in fraudulent investment schemes as ordered by PNP chief, Director General Oscar D. Albayalde, said Corpus.
“The search warrants were applied after days of case build-up which stemmed from a tip from confidential informant that the firm is operating similarly to other investment scam firms that were raided by the PNP,” said the PNP-CIDG director..
Armed with search warrants issued by Judge Mirabeaus Undalok of the Gingoog City Regional Trial Court Branch 43 in Misamis Oriental, the CIDG men conducted the raids which principally targeted the suspected ‘mastermind’ behind the fake investment scheme identified as Jovito Ampong.
Ampong was not around during the raids but at least five of his personnel identified as Emeliana Fernandez,39; Ernie Oliquino,37; John Lister Pacunayen,26; Ojelyn Busbos,22; and Merlyn Perez,30, were arrested and are now undergoing questioning.
Seized by the CIDG operatives during the separate raids were 552 pieces of blank Certificate of Investment Forms, 800 pieces of Acknowledgement Receipts Forms with names of investors, P612,903 in different denominations, 30 pieces of Special Power of Attorney, one laptop computer, one desktop computer, six cellular phones, three printers, two bill counting machines, two CCTV black boxes; two flat screen television units and a huge volume of documents and other paraphernalia being used by the syndicate in their fake investment scheme.
The raid supervisor, Lieutenant Jan Ace Elcid Layug said that the arrested suspects were taken to the CIDG Bukidnon headquarters for investigation after being apprised of their rights.
He said they will be preparing criminal charges for violation of Republic Act 8799 or the Securities Regulations Code against the accused.