More 'teachers pyramid scam' victims surface
MANILA, Philippines - A week after TV Patrol ran a story on a "teachers pyramid scam," more victims have surfaced and claimed that they were also duped.
One education supervisor and several teachers claimed that they invested they money with the couple Danilo Gujilde and Janet Flores Bernades, who promised a 5% to 20% interest.
For 2 to 3 months, the victims were paid their interest but after the investment reached an estimated P100 million, the couple are now nowhere to be found.
Many victims are now deep in debt and said they have no money to pay for the tuition of their children and food to eat.
They said they invested their life savings with the couple.
They are urging Interior Secretary Mar Roxas to help them bring the suspects to justice.