Scam leader in Marawi City nabbed

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Photo courtesy of Wikipedia
Photo courtesy of Wikipedia

MANILA (27-Nov-2012/PNA) – A leader of an investment firm allegedly involved in the pyramiding scam in Mindanao and Visayas was arrested in Marawi City, Lanao Del Sur on Tuesday.

Sr. Supt. Romel Magsalos, Lanao Del Sur police commander, said Jachob “Coco” Rasuman of Rasuman group, an investment firm in Lanao del Sur, was arrested by a joint team of agents from the National Bureau of Investigation (NBI) and aided by his men. He was taken into NBI custody.

Magsalos did not elaborate on the details about the arrest except that the suspect was arrested at his residence in Marawi City.

Rasuman was among the personalities with arrest warrants for syndicated estafa. (PNA)

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