Irate investors ransack Aman Futures office

Posted at 11/17/2012 2:35 AM

PAGADIAN CITY, Philippines - Irate victims of Aman Futures have ransacked an office and house rented by the alleged "pyramiding scam" company in Pagadian City.

Office caretaker Isagani Dayagdag said people took everything they can from the house after Aman staff fled the units.

"Ninakaw po lahat. TV, ref, aircon, mga pinggan, pati mga kawad ng kuryente, kinuha," he said.

Dayagdag said the owner did not have any idea that his house will be used as headquarters of Aman Futures.

The company also did not tell the owner that it will be used as a business office.

The house located in Barangay Kawit, Pagadian City has now been padlocked by the owner with signages of "no trespassing" placed around the perimeter.

Almost 9,000 investors have already filed their complaint against Aman Futures at the National Bureau of Investigation (NBI) office in Pagadian City as of noon Friday.

Religious group, politicians tagged

NBI officer Joey Moran said they are now investigating the alleged involvement of a religious group in the scheme after investigators received complaints that the church organization encouraged members to join the spurious money-making scheme.

Moran, however declined to mention the religious group, so as not to jeopardize their investigation.

"We are waiting for them to air their side," he said.

The NBI also revealed they are looking into reports that certain politicians are coddling Aman Futures officials since the company shut down September 26.

Moran says many of the suespects remain scot-free because no arrest warrants have been issued against them.

A case filed before the prosecutors office against Aman Futures officials is still under preliminary investigation.

'Double your money'

Among those who filed a complaint against Aman Futures are the 40 public school teachers who were also duped by the alleged Ponzi scheme.

Almamem Fontanilla, a school principal of San Pedro Elementary School, admitted they were easily swayed by the "double-your-money" sales pitch of Aman because they saw some who allegedly got rich after joining the network.

"Iyung ina ng aking kasama, nakabili nga ng Fortuner," she said.

Teacher Merlyn Magsayo was also one of those lucky enough to have earned from the scam.

After investing P20,000, she got back a P100,000 from what was supposed to be P4 million earnings, as promised by the company.

She felt sad though that the almost entire city of Pagadian was victimized by Aman Futures.

"Yung trust talaga hindi talaga dapat ibigay agad-agad," she said. "Charge to experience na lang."

Some teachers said that 2 hours before the Aman office closed, Aman staff led by a certain Fernando Luna were accepting payments of investors.