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Chinese fugitives involved in investment scam fall


Three Chinese fugitives who were involved in a P700-million investment scam were presented by the National Capital Region Police Office (NCRPO) on Monday.

The three were arrested on September 11, along with 274 others in Ortigas, Pasig City, officials said.

Metro police chief Guillermo Eleazar (seated, right) and Presidential Anti-Corruption Commission Chairman Dante Jimenez (third from left) present the three Chinese behind an illegal investment scam that victimized more than a thousand Chinese. AFP PHOTO

NCRPO chief Guillermo Eleazar identified the suspects as Chen Xianfeng, 42, Wang Changsen, 27, and Qin Shuxin, 24. Their partner, Qu Heng, 30, remains at large.

The police, in coordination with the Bureau of Immigration and Deportation and the Presidential Anti-Corruption Commission (PACC), presented the three in Camp
Bagong Diwa in Taguig City.

In a news conference, PACC Chairman Dante Jimenez said the three Chinese were fugitives since all are wanted in China for various economic crimes.

The Chinese government had canceled their passports, Jimenez added.
Based on the NCRPO report, the suspects’ investment scam victimized more than a thousand Chinese.

The PACC coordinated with the National Supervision Commission, China’s highest anti-corruption agency, by signing a memorandum of understanding to boost the campaign against illegal aliens.

“I assure you, we will never tolerate illegal aliens, what more fugitives,” Jimenez said.

“We need to continue to send the message that the Philippines is not a haven for foreign fugitives,” he added.

The three Chinese fugitives would be deported this week, Jimenez said.

The suspects are temporarily detained at the Immigration bureau’s Warden Facility in Taguig City.

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Today’s Front Page January 21, 2020

Today’s Front Page January 21, 2020