By Leilanie G. Adriano Staff Reporter LAOAG CITY—The National Bureau of Investigation based in this city has warned the public not to fall to an investment scam in the guise of selling loads and enticing the public to invest cash money with a monthly payout interest of 10 percent in the form of post-dated checks. NBI agent Gerard L. Butale in an interview said at least 17 complainants mostly composed of teachers, police personnel, other professionals and local businessmen appeared in their office as they filed a criminal complaint against SPVTOP International Inc. based in Baguio City. The separate complaints of the victims were filed before the office of the provincial prosecutor Jerry D. Nebab at the Hall of Justice in Sanchez Mira, Cagayan. Based on preliminary investigation of the NBI, the company’s founder identified as Brick Y. Agcopra and its officers offered 10% monthly interest payments to investors reaching PHP1 million or more. With this, about a thou
Online edition of The Ilocos Times, a community newspaper based in Laoag City, Ilocos Norte.