Barring last-minute hitches, the Department of Justice is expected to release this week (or next) its resolution on the syndicated estafa charges filed against businessman Manuel Amalilio and his associates in Aman Futures Group Phils. Inc.
By Christine O. Avendaño
Aside from the numerous syndicated estafa charges they are facing, the top officials of Aman Futures have been slapped with complaints by the Securities and Exchange Commission (SEC) for engaging in fraudulent transactions and operating without the proper registration.
Last Wednesday, the P12-billion scam perpetrated by Aman Futures Phils. Inc. on at least 15,000 people in the Visayas and Mindanao was front-page news at the Inquirer.