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NBI Launches Manhunt Operations Against Operators of Aman Futures Group Scam
|Published on: 31-October-2012|
Last October 8, 2012, the Securities and Exchange Commission (SEC) issued a cease and desist order to an operator of a ponzi scheme Aman Futures Group Philippines, Inc. (AMAN).
SEC found some grave violations of AMAN. GMA News reported that around 12 billion pesos have been swindled by AMAN from investors mainly in Mindanao particularly in Pagadian City.
AMAN failed to pay many of its investors. Approximately 7,000 investors have filed complaints to NBI but it is expected to increase in number according to the news.
Faced with lawsuits, some AMAN operators are hiding right now.
That's why the National Bureau of Investigation (NBI) launches manhunt operations against them.
NBI Regional Director from Zamboanga City Manuel A. Almendares said his office is also searching Manuel Amalilio (the mastermind of AMAN ponzi scam), Fernando Luna, his right-hand-man and other incorporators of the company.
According to SEC records, Aman Futures Group Philippines, Inc. is registered in SEC on June 22, 2012. Its principal office is located at Units 6 and 7 Bldg. 1, Salem International Commercial Complex, Domestic Road, Pasay City.
The company's listed incorporators are:
NBI is now searching for these people. Victims of these ponzi scheme told NBI that the suspects ran off with millions of pesos.
After some investigations, it was learned that the mastermind of the scam Manuel Amalilio was born in Tarlac, Luzon but grew up in Malaysia.
Photo of Manuel K Amalilio (AMAN mastermind)
He recently came back in the Philippines and established AMAN.
Victims of AMAN includes government officials, fiscals, doctors, policemen, soldiers, media personalities, teachers, tricycle drivers, vendors and many others.
"We are also discreetly investigating the involvement of some local government officials and politicians in the controversial scheme,” said Almendares.
According to Almendares, the NBI agents continue to investigate and gather more data for the filing of large scale syndicated estafa against Amalilio, Luna, eight other incorporators and 25 other cohorts.
We can notice here that even if you're not one of the incorporators of the company, you will also be charged with syndicated estafa if you're an active leader of a ponzi/pyramiding scheme.
Syndicated estafa is punishable by life imprisonment to death according to Section 1 of Presidential Decree 1689 which states,
If you have any information of the AMAN operators, you can contact NBI Regional Office of Zamboanga City at telephone number: (062) 992-0910 / 992-5485.
You can also contact NBI Main Office Address
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