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Jo Christine and James Christopher were charged with graft related to the pork barrel scam and the Malampaya fund scam. [39] [40] Janet Napoles, children Jo Christine, James Cristopher, and Jean Catherine, her brother Reynald Luy Lim, and his wife Ana Marie were indicted by a U.S. court for domestic and international money laundering. [41]
Considered as one of the Philippines' biggest ponzi schemes, the Aman Futures Scam robbed investors an estimated PHP 12 billion ($ 294,000,000). [12] The scheme offered a 30 to 60 percent return on investment, enticing 15,000 people, mostly from the low-income class.
Peter Scully lived in the suburb of Narre Warren in Melbourne with his wife and two children prior to fleeing to Manila in the Philippines in 2011, [1] [3] before he could be charged with his involvement in a property scheme that cost investors over A$2.68 million. [1]
Mary Ann was a medical representative of Dispo Philippines in 1992 in Davao City. By December she was promoted to Assistant Sales Manager for the said company, and was assigned in Butuan City, where she would meet her future husband Rommel Maslog. In 1997, she and Rommel started a company called Esteem Enterprises, which was focused on ...
The so-called "Pork Barrel Scam" was first exposed in the Philippine Daily Inquirer on July 12, 2013, [12] with the six-part exposé of the Inquirer on the scam pointing to businesswoman Janet Lim-Napoles as the scam's mastermind after Benhur K. Luy, her second cousin and former personal assistant, was rescued by agents of the National Bureau of Investigation on March 22, 2013, four months ...
The Securities and Exchange Commission (SEC) filed criminal charges against Kapa-Community Ministry International and its executives, citing an investment scam. [7] [8] President Rodrigo Duterte was the first government official to announce the legal actions, doing so on June 8, 2019, when he ordered the National Bureau of Investigation (NBI) to shut down Kapa.
That same day, allegations from former and current INC ministers claimed that the Manalo family were hostages. Roel Rosal, a former Iglesia ni Cristo minister who stated that he and his wife were expelled from the church for trying to expose corruption, [26] made a public statement that ten ministers along with the Manalos were under house arrest at the INC Central Office, at the behest of INC ...
The Priority Development Assistance Fund scam, also called the PDAF scam or the pork barrel scam, is a political scandal involving the alleged misuse by several members of the Congress of the Philippines of their Priority Development Assistance Fund (PDAF, popularly called "pork barrel"), a lump-sum discretionary fund granted to each member of Congress for spending on priority development ...