Capiz provincial board to probe ‘investment scams’ on March 17

Photo Courtesy of pinoy traveler

By Felipe V. Celino 


ROXAS CITY, Capiz – The Sangguniang Panlalawigan (SP) of Capiz will start investigating on March 17, 2021 the “double your money investment schemes” in the province.

Board Member Jonathan Sonny Besa said Board Members Eluper ‘Bulilit’ Martinez and Karen Palomar will lead the investigation.

The committee in charge of the investigation invited the National Bureau of Investigation (NBI), Securities and Exchange Commission (SEC), Integrated Bar of the Philippines (IBP), Bangko Sentral ng Pilipinas (BSP), Department of Trade and Industry (DTI), Capiz Bankers Association, and the Capiz Chamber of Commerce.

Besa said the committee will try to invite the chief executive officers (CEOs), representatives, and uplines of the different investment schemes operating in the province.

One of the topics to be discussed are the effects of the investment schemes to the economy of Roxas City and the province of Capiz, including the banking system.

The committee will also discuss if the investors can recoup their money.

To recall, the NBI arrested Junelyn O. Gregorio, the CEO of the 25-day double your money scheme, following complaints filed by her investors.