FOUR people have complained to the police against what they said was another investment scam in the city.
The complainants claimed to have invested thousands of pesos on a scheme of a group called “Entrepreneur of FTC Forex Trader International” because they were promised a 15-percent monthly interest for six months.
On Thursday, the alleged victims went to the police station in Divisoria to ask help. They are Jeroen Jay Pioquinto, 23, of Zayas, Carmen; Katrina Tan, 23, of Bonbon; Nickle Flyod Paculba, 24, and Princess Jeuneace Sagpang of Iponan.
They identified the brains behind the investment scheme as 25-year-old Noel Jeric Pacatang of Barangay Gusa.
Pioquinto claimed to have invested P250 thousand from May 31, to Sept. 15 while Tan said she shelled out P50 thousand from May 31 to Oct. 9.
Paculba and Sagpang, for their part, said they invested P15 thousand this Aug. 31.
But the complainants said Pacatang failed to give them the 15-percent monthly interest based on their agreement. (Nitz Arancon)
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