19 Marso 2024, Martes
supports Fire Prevention Month
deepest sympathy to family of the late Danilo Halili
supports Women Month March
joins Christian nations in observance of Lenten season
welcomes Bagong Bayani Monico Lopez Caranay
P50 B Syndicated Estafa complaint vs. Vlogger Yexel Sebastian
By Cynthia Montojo
“We are being sustained by revised securities and regulation code any evidence of indebtedness is also form of security,we will be utilizing that process of the law… we will also be filing potential case of violation of anti-money laundering case,” National Bureau of Investigation (NBI) Fraud and Financial Crimes Division Chief Atty. Palmer Mallari said content creator and entrepreneur Yexel Sebastian faces several complaints including one for syndicated estafa in scam involving as much as P50 billion.
Around 30 individuals and NBI filed Syndicated Estafa against Sebastian, is facing separate complaint for violation of securities and regulation code, over alleged junket investment scam.
Based on computations shown by Mallari, the amount involved in all complaints would reach P50 billion.
One of the alleged victims claimed to have lost P700,000. Victims include politicians, celebrities, businessmen, and overseas Filipino workers.
Sebastian left the country last year with his partner has denied being at fault and claimed he too is victim of incident, “Uulitin ko po, wala kami niloko kahit isang tao, kami po ay nalagay lang sa alanganin, hindi po namin kagustuhan ang nangyari sa aming lahat.”
ISKUP! 