Panay News
November 15 at 7:11 PM ·
NEWS UPDATE: Two of the five suspects behind the P600-million large-scale investment scam in Capiz were arrested.
The 42-year-old Lourdes Baarde of Barangay Baybay, Roxas City was nabbed Thursday in Metro Manila.
Her apprehension was staged by the operatives of the National Bureau of Investigation.
She was now detained in the lockup cell of the Roxas City police station.
Baarde's cohort - Joel Domayan, 28, was also caught at his residence at South Triangle, Quezon City the same day.
Baarde is a former revenue officer at the Bureau of Internal Revenue in Roxas City.
Baarde allegedly duped around 800 investors in investing into her company, Forex Investments, for 25 percent monthly interest.