'Peramide' scam: SEC sues Facebook user

Ina Reformina, ABS-CBN News

Posted at Apr 11 2016 05:07 PM | Updated as of Apr 12 2016 11:11 AM

MANILA - The Securities and Exchange Commission (SEC) filed a criminal complaint with the Department of Justice (DOJ) on Monday involving another alleged investment scam, this time through the use of social networking site Facebook.

In the 14-page complaint-affidavit, the SEC charged Royvil Cabusora Peramide, whom the commission identified as the owner of Facebook account "Charlz Jason Royvil Peramide," which is said to be offering "huge profits that could be earned by investors."

The complaint stems from a complaint-affidavit filed with the SEC on December 10, 2015 by Rosita D. Dizon, who was allegedly duped by Peramide.

"[Dizon] was enticed by respondent Peramide's aforementioned representation that she could earn 20 percent-30 percent on her investment. As a result, Ms. Dizon invested the total amount of P300,000 with respondent Peramide," the complaint read.

Peramide allegedly issued two checks to Dizon amounting to P60,000 but these checks were not encashed for insufficient funds.

The complaint states that Dizon could not longer get in touch with Peramide after the former demanded that her investments be returned.

Last week, the SEC also filed two separate complaints with the DOJ against other respondents involving separate investment scams.

READ: SEC sues HPI, others over 'pyramiding scam'