Wire fraud suspect can’t touch PH bank accounts


THE Court of Appeals extended the freeze order against the bank accounts of a medical supplier who was accused of wire fraud and money laundering in US-territory Guam.

In a four-page resolution, the CA ruled to extend for another six months, or until April 8 of this year, the six bank accounts of Rosalito Ramos Nucum in Metrobank.

The CA found it appropriate and judicious to extend the freeze order to avoid the possibility of the funds being withdrawn, removed, transferred, concealed, and placed beyond the reach of Philippine law enforcers.

Nucum was indicted by a Federal Grand Jury on five counts of wire fraud and six counts of money laundering on June 15, 2011 when he allegedly defrauded Guam’s Chuuk State Government.

Nucum, who owned a  medical supply firm—Lindley Distributors—with business licenses both in Guam and the Philippines, allegedly took the payments for medical supplies but did not deliver them.



National

ARMM to implement Islamic-friendly curriculum

Published : Thursday May 24, 2012   |  Category : National   |  Views : 16

AN Islamic-friendly and culturally-sensitive curriculum for Muslim learners will be implemented in the Autonomous Region in Muslim Mindanao this June. This was apart from the effort to continue to allot resources to further train Muslim teachers. The curriculum was launched recently in Lamitan City, Basilan. The event was attended by... Read more

Arrest warrants issued vs GA owner

Published : Thursday May 24, 2012   |  Category : National   |  Views : 15
By : Jun Pisco

ARREST warrants have been issued against Globe Asiatique (GA) owner Delfin Lee and his co-accused after a judge found probable cause for the syndicated estafa case filed against them, Vice President Jejomar C. Binay said yesterday. Binay,  chairman of the Housing and Urban Development Coordinating Council, said Judge Amifaith Fider-Reyes... Read more

Garlic growers hurting

Published : Thursday May 24, 2012   |  Category : National   |  Views : 16
By : Joel dela Torre

THE local garlic industry has been affected by the importation of the product from China, the Department of Agriculture said. According to Bureau of Plant Industry director Clarito Baron, garlic growers here are feeling the heat because of the low price of Chinas exports. “Isa yan sa dahilan... Read more

Brunei sends 6 peace watchers

Published : Thursday May 24, 2012   |  Category : National   |  Views : 15
By : Jun Pisco

SIX Brunei peace monitors left for the Philippines to join the 8th International Monitoring Team (IMT) deployed in Cotabato City since May 17, the Department of Foreign Affairs said yesterday. The Brunei contingent, composed of five members of the Royal Brunei Armed Forces and a member of the Royal Brunei... Read more

Jobless youth

Published : Thursday May 24, 2012   |  Category : National   |  Views : 14

YOUTH joblessness is almost back at its peak following the outbreak of the global economic crisis and is unlikely to ease until at least 2016, the International Labour Organization warned Tuesday. The ILO said nearly 75 million youths or 12.7 percent of people aged 15 to 24 will be out... Read more

Loading Google Custom Search...
Buy and Sell Philippines : Sulit.com.ph
Hosting Powered by: I-MAP WEBSOLUTIONS, INC