Wahana Investment Scam: The news is coming from Manila in the Philippines, a woman accused of co-founding the Wahana investment scam which reportedly stole millions of pesos from the investors who was arrested in Quezon City on Monday, Maria Raissa Yap who is at the age of 34, was being apprehended by agents of the Criminal Investigation. Follow More Update On GetIndiaNews.com
Wahana Investment Scam
Around Detection Group at her hideout in a subdivision in Barangay West Fairview at around 3:45 pm, according to Col. Randy Silvio of the CIDG’s National Capital Region Field Office, Silvio said the operation stemmed from a piece of intelligence information from their counterparts in the Armed Forces of the Philippines that Yap was hiding in Quezon City.
Police have served a warrant of arrest against Yap for 82 counts of estafa without bail, Yap’s companion, Dante Pradas is at the age of 46 when he got arrested on the charges of reckless imprudence resulting in damage to property with a recommended bail of p30,000.
The alleged co-founder and her husband of the Wahana Credit and Loan Crp, former police corporal Michael Yap who was arrested in Baras in Rizal, this happened on 8th June. Silvio said some of the couple’s victims are soldiers and police officers who put their money in an investment scheme that turned out to be a scam.
He has stated that one of the victims is a policeman who lost P3 Million, it seems like the investigations are still going on and there are going to be further revelations in the story in the coming days and weeks, there are a lot of informative points which are going to be revealed by the authorities and we are going to be on our toes to provide you with the developments as soon as something comes under our radar.
It seems like the case is pretty complicated and the courts are going to be playing a big part in the case, there are going to be further details in the case, we will be back with the updates.
Source: Get India News