MANILA, Philippines - The alleged investment scam of the Coco Rasuman group was not confined to the Philippines, as his victims from Singapore are also coming forward.
When news broke about Rasuman's arrest, some of his supposed victims from Singapore immediately went to the National Bureau of Investigation (NBI) in the hopes of talking to him.
"We lost everything we've got. We lost our assets. My wife is pregnant with twins and we are afraid of our future," one of the victims said.
The Singaporean refused to give his name and only said he invested and lost P10 million with the Rasuman group.
The transaction supposedly began in Singapore in July.
They were surprised to find out Rasuman had been arrested when they arrived in Manila.
"It is a huge amout of money that everyone will attempt to have. We don't know that it will be happening like this," another victim said.
Rasuman refused to talk to the 2 Singaporeans.
Meanwhile, 3 more complaints of syndicated estafa have been filed against Aman Futures, the other group hogging headlines over an alleged P12-billion investment scam.
The Securities and Exchange Commission has also filed charges against Aman owner Manuel Amalilio and the company's board members for violating the Securities Regulation Code.
Five cases have been filed against Aman officials.
Aside from the the NBI-Manila and the SEC, other complainants include those from Cebu and Pagadian, while another case was filed by the anti-fraud division of the NBI. - ANC