‘Swindler’ who scammed victims of P200-M nabbed

AUTHORITIES filed a case yesterday against an alleged swindling suspect following her arrest during an entrapment operation last Wednesday afternoon.

Davao City Police Office director Sr. Supt. Alexander Tagum identified her as Maria Elena C. Corona, 26, a resident of Panabo City, Davao Del Norte who was collared in a sting operation in a McDonald’s branch near the Jose Maria College along the Diversion Road, Buhangin at 4 p.m.

The operation was initiated by the Investigation and Detection Management Branch of the DCPO and the Anti-Scam Unit, led by Chief Insp. Oliver Navales.

Tagum said the suspect was engaged in a fraudulent investment scam victimizing a number of persons, which allowed her to amass millions.

Recovered from her was the entrapment boodle money supposedly amounting to P1 million, which will be used as evidence against her.

Based on the record of DCPO, they received 58 complaints against Corona on Wednesday night. Reportedly, the suspect swindled a total of P200 million from the victims. She reportedly promised to double the investment of the victims in just five days.

For now, the suspect is detained in the IDMB detention facility as she faces a case of large-scale estafa.

The case of estafa is covered under Art. 315, par. 2(a) of the Revised Penal Code.

In August last year, President Rodrigo Duterte signed Republic Act No. 10951 or “An Act Adjusting the Amount or the Value of Property and Damage on which a Penalty is Based, and Fines Imposed Under the Revised Penal Code.”

The penalty for estafa was increased to prision correccional to prision mayor in its minimum period or six years.

This penalty covers the amount of more than P2.4 million but doesn’t exceed P4.4 million.

The penalty, including the prison sentence, will be incremental if the amount is more than P4.4 million. +

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