THE National Bureau of Investigation (NBI) has filed a case of syndicated estafa before the Cebu City Prosecutor’s Office against seven individuals who allegedly obtained at least P12 million in cash through an investment scam.
Those charged were Princess Joana Jo Alfajic Campos, Gretchen Baron Aguas, Gregory Mohamad Alfajid Campos, Lennita Sumalinog, Gilde Pineda Saron-Maghibon, Christopher “Ace” Tundag and Andrew P. Arnado.
Those with the surnames Campos, Aguas and Maghibon indicated addresses in Bacolod City while the rest are from Cebu City.
NBI Agent Greg Algoso Jr., who is in charge of the case, said up to 30 individuals have filed complaints before their office.
Based on the complaint filed on Sept. 3, 2021, Princess Joana first convinced several people in Cebu to invest in their company and promised the investors that they would earn three percent per day for 67 days, excluding Saturdays and Sundays.
Investors who would put in P500,000 would reportedly earn 60 percent per month for six months.
Princess Joana claimed the investments would go to Royal O Consultancy Services, Royal O Import and Export, Royal O Dry Goods Trading, Plasmatech Medical Supplies Trading, Deverde Plural Import Manufacturer Co. and Oro Magnet International E-Games.
She launched these companies, together with iPhil Savings and Credit Cooperative through Arnado, in a five-star hotel in Cebu City on May 28, 2021.
Princess Joana and iPhil also established Royal O-iPhil in an office on the ground…