3 Aman Futures investors seek help from SEC

Posted at 11/14/12 12:08 PM

CEBU - Three investors, who claim to be victims of Aman Futures Trading, sought help from the Securities and Exchange Commission in Cebu. 

The investors, who are natives of Mindanao, wanted to get documents from the SEC that may serve as evidence to strengthen a complaint against the company. 

However, they have yet to decide if they would file a complaint against Aman Futures owner Manuel Amalilio, a Malaysian national.

Aman Futures has been accused of duping thousands of investors in Mindanao and Visayas in a pyramiding scam, which was estimated at P12 billion. The company allegedly promised investors profits of as much as 80%. 

Amalilio had earlier uploaded a video on YouTube, where he apologized to investors.

However, the three investors no longer trust Amalilio, who is reportedly in hiding, after what happened to their investments.