A couple facing multiple charges for swindling and syndicated estafa was arrested at Ninoy Aquino International Airport (NAIA) Terminal 1, the Criminal Investigation and Detection Group (CIDG) confirmed on Thursday.
In an Inquirer.net report, Maj. Gen. Nicolas Torre III, CIDG director, identified the suspects as “Cerrone” and “Marve” from Davao City. The two were arrested on Wednesday after arriving in the Philippines, carrying an Interpol red notice.
Several courts in Cebu, Davao, Tacloban, and Quezon City issued warrants for the couple’s arrest, all without bail, for violations under Article 315 of the Revised Penal Code.
Cerrone previously led Organico Agribusiness Ventures Corporation, a company accused of running a Ponzi scheme that promised to double investors’ money through piglet investments and crowdfunding. He also held a key role in a real estate agency in Thailand.
In February, Thai authorities arrested the pair after their visa was revoked and the Interpol red notice from the Philippine National Police was enforced.
Cerrone is considered one of the Philippines’ most wanted fugitives, with 21 counts of syndicated estafa and a PHP950,000 reward for his capture.
“I commend our teams for the successful operation,” Torre said. “This arrest brings justice to many of their victims.”
