An investment company called Aman Futures Group based in Zamboanga Del Sur has swindled more than 12 billion pesos from more than 15,000 investors. The company which authorities say is a pyramiding investment scam and is therefore illegal, have promised its investors of 50% interest in just 8 days. So if you invest Php5,000 in their company, you will get Php7,500 after 8 days!!! Naturally, people from all walks of life invested their money in Aman Futures Group; even Public Officials and Policemen got conned by the firm!
The Aman Futures Group was headed by a Malaysian named Emmanuel Amalilio but authorities doubt if it was his real name. He has now fled to Malaysia and has now probably left for other countries that have no extradition treaty and is farther than that neighbor nation. The Philippine Government is now investigating Amalilio's whereabouts and vowed to bring him back to justice but don't count on that one from happening very soon. This guy could be undergoing surgical procedures to alter his identity so that he can escape and enjoy his Php12Billion somewhere in Europe.
It's the poor folks that invested and got cheated that is suffering right now, most of these are ordinary people, farmers, fishermen and laborers that just wanted to earn some money so they also invested their hard earned cash. Some even sold their farm land, their fishing boats and borrowed money to try their luck with the Aman Group. A lot of local officials and policemen also gave huge sums of money willingly to Amalilio and never got paid but who gives a shit? These politicians probably stole all that cash from our taxes anyway so they deserve to get conned too! The question is whether these local officials messed around with the public funds and the Department of Justice is trying to investigate that angle now.
A lot of unpaid investors are not taking things sitting down; a former agent/employee or collector of Aman Group was shot dead a few days ago. A couple of houses belonging to former employees of the said scam syndicate were also burned down by the angry stakeholders that never got their money back. The authorities better get their act together and bring the criminals to justice or else the enraged victims will resort to street justice....
The Aman Futures Group was headed by a Malaysian named Emmanuel Amalilio but authorities doubt if it was his real name. He has now fled to Malaysia and has now probably left for other countries that have no extradition treaty and is farther than that neighbor nation. The Philippine Government is now investigating Amalilio's whereabouts and vowed to bring him back to justice but don't count on that one from happening very soon. This guy could be undergoing surgical procedures to alter his identity so that he can escape and enjoy his Php12Billion somewhere in Europe.
It's the poor folks that invested and got cheated that is suffering right now, most of these are ordinary people, farmers, fishermen and laborers that just wanted to earn some money so they also invested their hard earned cash. Some even sold their farm land, their fishing boats and borrowed money to try their luck with the Aman Group. A lot of local officials and policemen also gave huge sums of money willingly to Amalilio and never got paid but who gives a shit? These politicians probably stole all that cash from our taxes anyway so they deserve to get conned too! The question is whether these local officials messed around with the public funds and the Department of Justice is trying to investigate that angle now.
A lot of unpaid investors are not taking things sitting down; a former agent/employee or collector of Aman Group was shot dead a few days ago. A couple of houses belonging to former employees of the said scam syndicate were also burned down by the angry stakeholders that never got their money back. The authorities better get their act together and bring the criminals to justice or else the enraged victims will resort to street justice....
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