Charges of large-scale swindling and syndicated estafa were filed at the City Prosecutor’s Office yesterday against 23-year old Antonette Pacana Sestoso as hundreds of victims packed the National Bureau of Investigation (NBI) office in Cagayan de Oro City to complain against the online investment scam.

Based on an article at Gold Star Daily (see below), the suspect surrendered to authorities last Friday, March 8, for fear of being harmed by angry investors who had surrounded her house in demanding payment. Accordingly, Sestoso used Facebook to lure victims promising at least 70 percent increase of their investment in a matter of just 10 days.

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