Chinese-Australian man rescued from alleged loan shark syndicate

Maan Macapagal, ABS-CBN News

Posted at Feb 21 2019 09:53 AM

MANILA - A Chinese-Australian man was rescued after being kidnapped by Chinese nationals believed to be members of a loan shark syndicate in Makati City, the police said Thursday.

The Australian police sought the help of the Philippine National Police to locate Chen Jianting who arrived here on February 17, said Anti-Kidnapping Group Director, Chief Supt. Glenn Dumlao.

Chen's supposed abduction was first reported by a friend, he said.

Dumlao said the Chinese suspects demanded RMB 200,000 (about P1.5 million) ransom payment from Chen’s family members and threatened to cut his finger if payment was not made.

PNP AKG operatives were able to locate the safe house where Chen was kept in Makati City.

Chen was rescued on Wednesday afternoon.

AKG verified that Chen was kidnapped because he owed money from a Chinese casino loan shark syndicate.

"Pumunta siya sa Pilipinas, he was befriended. Kaya advice natin sa Chinese at sa iba pang embassies na pagsabihan nationalities nila not to engage too much on gambling," said Dumlao.

(He went to the Philippines and was befriended. Our advice to the Chinese and other embassies to tell their nationalities here not to engage too much on gambling.)

"Kung mawawalan na sila ng pera, do not ever be trapped doon sa lurking na loan shark sa casino or else dodoblehin ang utang nila and the worse, kikidnapin pa sila," he added.

(If they run out of money, do not ever be trapped in lurking loan sharks in casinos or else their debt will double or worse, they will be kidnapped.)