Man arrested for trying to cash out P2M worth of ‘investment vouchers’ freed

By Felipe V. Celino 

 

ROXAS CITY, Capiz – The man who was arrested last Friday for allegedly trying to cash out four “fake vouchers” of a ′′double your money investment scheme′′ last week was released from police custody Monday afternoon.

John Paul Alianza, 30, of Brgy. Tanza Gua is accused of trying to cash out PHP2-million worth of vouchers purportedly issued by Chiyuto Creative Wealth Document Facilitation Services (CCWDFS).

Police Major Ricardo Jumuad Jr., Roxas City police chief, said Alianza was released after the reglementary period of detention lapsed.

Jomuad said representatives of CCWDFS have yet to appear at the police station to present evidences for the filing of charges in violations of Article 172 or Falsification of Private Documents of the Revised Penal Code of the Philippines before the City Prosecutor’s Office.

The staff of Patrocinio Calvez Chiyuto Jr., or Don Zhang Lee Chiyuto, who runs CCWDFS or Chiyuto Double Your Money Scheme, claimed that Alianza presented four pay-out vouchers in the names of Cristan Acer with the corresponding amount of PHP700,000, Jose Lara (PHP710,000) Omar Amorsolo (PHP230,000), and Rudy Bigcas (PHP360,000).

The staff said that Chiyuto’s signature on the pay-out vouchers was different from the original and the names of supposed recipients were not found in the list of investors.

The CCWDFS staff entertained Alianza as the former was able to cash out two personal payout vouchers.

Alianza said he was only asked to cash out the vouchers in exchange for a PHP10,000 fee.

He said a certain Toto asked him to process the vouchers as the latter did not want to queue at the CCWDFS office.

Meanwhile, residents of Capiz and Roxas City are agog over the “double your money scheme” of Chiyuto after several persons CCWDFS investors received payouts since its operations last year.

But critics of CCWDFS find the scheme dubious as it was not registered with the Securities and Exchange Commissions, Department of Trade and Industry and other concerned government agencies.

Even former Sen. Mar Roxas has warned Capiceños against such schemes.