00:00 In Quezon City, a man was accused of scamming more than P100 million for his victims.
00:08 BN Manalo is back.
00:10 This man was not able to escape the warrant of arrest of the authorities in Barangay Duyan-Duyan in Quezon City because of the Estapa case.
00:24 The suspect, Christian Cunanan, a 42-year-old resident of Cabanatuan City, Nueva Ecija, was identified.
00:32 According to police investigations, the suspect was accused of scamming more than P100 million worth of capital or assets.
00:42 Cunanan is also involved in various investment scams in exchange for a large interest, which can be easily recouped from the victims.
00:52 This man is asking to invest, just like travel agencies.
01:02 They are asking because the interest is large, like 18 to 25 percent interest in a month.
01:09 That's why he is asking people to invest.
01:12 Seven complainants went to Quezon City Police District Station 8 to complain about the suspect.
01:20 Aside from this, the complaints received from Cebu and Canada were also received.
01:24 This is one of the reasons for the victims, who received P4.6 million in stock market and cryptocurrency.
01:35 It's very difficult because one of my friends is 15 years hard-earned money abroad.
01:41 Another one is, he took money from his siblings and parents, who didn't know that he invested in our friend.
01:51 Personally, I have been working for him for a long time.
01:56 Although the suspect was given money first, he is now issuing fake checks.
02:04 When he gave us the checks, he asked us to exchange the checks with other banks, from a certain bank to a different bank.
02:13 When the checks were dated from August to December, the bounce check started.
02:20 He said he will exchange the checks with other banks because he had an AMLA issue in the U.S. and he needs to fix it.
02:30 The suspect could have refused the accusation of fraud against him.
02:36 Instead, he's just waiting for the received checks to be issued.
02:41 If the market improves, I can make up for it.
02:47 If the economy improves, the market and trading will improve.
02:53 I am talking to him and he will return the money, even if it's just a small amount.
03:01 The market is really difficult now.
03:05 The suspect is facing a case of fraud.
03:09 BN Manalo, for the people.
