3 British nationals arrested for investment fraud in Cavite

MANILA, PHILIPPINES — Three British nationals allegedly involved in investment scam were arrested in Brgy. Maduya, Carmona, Cavite.

They were identified as Andrew Robson, Graham Allan Bennet and Dominic Whellams, working as consultant, trainer and IT expert respectively at Plustel Solutions.

According to the Securities and Exchange Commission (SEC), the suspects are selling non-existent bonds, securities and similar products to foreign investors.

They are, however, not authorized to do so.

“The moment they called them and these possible victims show interest, there is already a pressured selling, telling them about good news of the shares that are not of value actually,” said Atty. Jose Aquino, director of SEC’s Enforcement and Investor Protection Department

They were charged under the Securities Regulation Code and the Anti-Cybercrime Law.

It is still unknown what shares they are selling and who were they able to defraud.

These will be determined after the forensic examination of more than a hundred computer and gadgets used in their operation.

One of the suspects denied the allegations and insisted they are only working as consultants for the company.

“Our product is a DID (Direct Inward Dialing) for insurance companies, for money transfer companies, anything like that. We do not deal with securities; we do not deal with anything like that whatsoever. All the allegations are false,” said suspect, Andrew Robson.

Thirty eight Filipinos working for the Plustel Solutions were also arrested.

Other employees were also brought to the National Bureau of Investigation (NBI).

NBI spokesperson, Atty. Ferdinand Lavin reminds the public, “Be careful because there are investment companies masquerading as BPOs or what we call the call centers. But what they do actually will put you in a very bad condition.” — Roderic Mendoza | UNTV News and Rescue

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