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Australian, wife nabbed for investment scam

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By Jeffrey Damicog

An Australian national and his Filipina wife were arrested by the National Bureau of Investigation (NBI) for their alleged involvement in an investment scam.

(MANILA BULLETIN)

(MANILA BULLETIN)

NBI Director Dante Gierran identified the arrested couple as Australian Michael Ross Conroy and his wife Teresita Mendoza-Conroy.

The couple was caught at the La Verti Residences North Tower in Pasay City on Tuesday by operatives of the NBI-International Operations Division (IDD) who served warrants for their arrests.

Gierran said the couple is facing estafa charges before regional trial courts (RTC) in Makati, Marawi and Cabadbaran cities which all have issued warrants for their arrest.

In spite of this, Gierran said the couple continues with their illegal activities by inviting people to invest and become part owners of the suspects’ company in exchange for hefty returns.

The couple was arrested after complainants Dominico Lancian Jr. and Jakerson Gargallo sought NBI assistance for their capture.

The complainants recounted they were being convinced by the suspects to invest P300,000 each with a promised return of P42 million for every investment.

The couple, who claimed owning a software company, told the complainants they can earn big due to the upcoming 2019 elections since their program can be sold to help in political campaigns.

However, the complainants learned that the suspects are currently facing charges in various RTCs and, instead, sought their arrest before the NBI

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