The Securities and Exchange Commission (SEC) will try to issue checks for planholders of the Legacy Group's closed pre-need firms in time for June enrolment, it said Wednesday.

According to SEC Chairperson Fe Barin, this includes planholders of Legacy Consolidated Plans Inc., Scholarship Plan Philippines, and All Asia Plans Corp. who have already paid their accounts in full, and recipients who are set to use their education plans this academic year.

Barin assured the public that the Legacy's trust fund is still intact, with P330 million for Legacy Consolidated Plans, P130 million for Scholarship Plan Philippines, and P51 million for All Asia Plans.

Planholders have until March 31 to file claims to prioritize the release of checks. Barin said, however, that they may not get the full amount of their plans.

Six planholders of the Legacy Group on Wednesday filed a syndicated estafa case against the company's owner Celso de los Angeles, his family, and business partners for the alleged use of company funds.

The planholders, who paid a total of P705,000 for educational, memorial, and pension plans, said they want their money back and de los Angeles jailed. With reports from Carmela Fonbuena, abs-cbnNEWS.com / Newsbreak, Alvin Elchico, ABS-CBN News