NBI operatives nab 6 alleged investment scammers in QC
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ARRESTED. An operative from the Nationwide Bureau of Investigation (NBI) examines the health products in front of the 17 Global officers arrested on May perhaps 20, 2022 in Quezon Town above an financial commitment fraud. NBI OIC-Director Eric Distor previously made directive to apprehend people associated in financial commitment scam. (Contributed photograph)
MANILA – The National Bureau of Investigation (NBI) on Wednesday explained operatives of the NBI-Anti-Organized and Transnational Criminal offense Division (NBI-AOTCD) have arrested six officers of I7 World Company (I7 International) in Quezon City for involvement in an investment decision scam.
NBI OIC-Director Eric Distor, who previously manufactured directive to apprehend investment scammers, discovered the arrested I7 Worldwide officers as Florentina I. Sapala, CEO/president Alvin M. Soriano, VP profits for Luzon Alexander B. Duran, VP income for Mindanao Christian M. Product sales, VP promoting Jane M. Vergacer, assistant finance manager and Wilfredo Pogoso, mentor.
The procedure, he said, stemmed from information and facts that I7 World wide is allegedly into selling and providing for sale expenditure securities to the general public without license from the Securities and Exchange Commission (SEC).
The NBI deployed undercover agents to conduct preliminary investigation by attending the company’s business presentation in Ortigas Center, Pasig Metropolis on Might 14.
Opposite to the I7 World wide officers’ declare, the NBI identified that the company’s health products and solutions getting employed to entice traders are not registered with the Foodstuff and Drug Administration (Food and drug administration).
Aside from the expenditure offers really worth PHP8,777 every, the I7 International also presented a so-referred to as “share subscription” investment decision option for PHP1 million wherever an investor would receive 1 per cent each individual 6 months of the company’s gross revenue.
On verifying that I7 International is into illegal pursuits, the undercover agents contacted Soriano informing him that the PHP3 million value of financial commitment was ready.
The undercover NBI operatives and the company’s officers agreed to meet at 19 Cliff Drive, Blue Ridge A, Quezon Metropolis on Might 20 and manufactured the arrest following handing about the marked cash.
On May well 21, the arrested I7 World-wide officers had been presented for inquest proceedings before the Prosecutor’s Place of work of Quezon Town for syndicated estafa and violation of Fda and SEC polices. (PNA)