NEWS

Año orders relief of 3 high-ranking cops for allegedly running P2 billion GenSan investment scam

March 26, 2019

Department of the Interior and Local Government (DILG) Secretary Eduardo M. Año has directed PNP Chief PDG Oscar Albayalde to immediately relieve from their posts three (3) high ranking police officers of the Police Regional Office (PRO) 12 for their alleged involvement in an investment scam reportedly amounting to almost P2-billion.

Año said this is necessary to prevent them from possibly interfering and influencing the conduct of a formal investigation on the Police Paluwagan Movement (PPM) investment scam that is being allegedly run by the three officers and some of the uniformed and non-uniformed personnel of the General Santos City Police Office (GSCPO).

He ordered the PNP Criminal Investigation and Detection Group (CIDG) to conduct an immediate investigation on the scam that has allegedly victimized sizeable number of PNP personnel in PRO 12, their families, relatives, and friends.

“Ako’y nababahala sa balitang ito. Mga pulis, kabilang ang ilang matataas na ranggong pulis, ang umano’y nagpapatakbo ng investment scam. Inaatasan ko si PNP Chief Albayalde at ang CIDG na agad itong imbestigahan at aksyunan nang wala ng mabiktima pa at para managot ang maysala sa batas,” Año said.

Among those ordered relieved are PSSUPT Manuel M. Lukban, Jr., PSSUPT Raul S. Supiter, and PSUPT Henry P. Biñas, all of PRO 12.

The DILG Chief said that based on the initial report of Police Chief Superintendent Elisio T. Rasco, PRO Regional Director, the PPM investment scam has attracted various sectors of the community in Region 12 including prosecutors, judges, entrepreneurs, and other ordinary civilians due to “very tempting big interest offered by the group.” The PPM allegedly offers 60 percent interest rate every 15 days to the money invested by investors.

In the span of few months, PNP personnel involved in the scam have allegedly acquired multiple assets. They allegedly issued checks that cannot be encashed due to insufficiency of fund in the bank accounts of the PPM. Some 30 police personnel and civilians are allegedly involved in the scam.

The DILG Chief is warning other Police Regional Offices of the scam. “I want the other regions to know of this scam so that they do not fall prey to a similar scheme. Let this serve as a warning to them that the DILG-PNP will not tolerate any wrong doing among our ranks,” he added.