Operatives of the Criminal Investigation and Detection Group (CIDG) in Region 10 raided the offices of JA Mining Ventures in Malaybalay City, Valencia City and Maramag, Bukidnon Thursday afternoon, July 25, arrested five suspects and seized some P612,903 in cash and voluminous documents and other items and documents used in their alleged investment scam activities.

Arrested during the raids were Emeliana Fernandez, Enie Oliquino, John Lister Pacunayen, Ojelyn Busbos, and Merlyn Perez. The suspects are now facing charges for violation of Republic Act 8799 or the Securities Regulation Code. As reported, the alleged investment scam group promises investors 50 to 100 percent returns of their investments. More details in the link below.

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