Remulla on investment 'scam' probe: Charge the guilty

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Investment Scam Nouvelles

Department Of Justice,Jesus Crispin Remulla,Investigation

Justice Secretary Jesus Crispin Remulla on Tuesday ordered prosecutors to look closely at the complaint filed against the Maria Francesca Tan (MFT) Group of Companies Inc. and Foundry Ventures I Inc. over an illegal investment scheme.

Justice Secretary Jesus Crispin Remulla on Tuesday ordered prosecutors to look closely at the complaint filed against the Maria Francesca Tan Group of Companies Inc. and Foundry Ventures I Inc. over an illegal investment scheme.Remulla issued the remark as the DOJ held its first preliminary investigation into the complaint filed by the Securities and Exchange Commission .

It said these were executed without proper documentation and registration with the SEC.During the preliminary probe, the DOJ panel of prosecutors approved the respondents’ motion for extension in filing their counter-affidavits. “None of the respondents submitted their counter-affidavits today and requested through counsel for an extension to file a counter-affidavit.

 

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