If President Aquino continues to protect the traditional power structures, none of the problems of weak democracy, hardened poverty, and poor governance can be solved
Aman Futures boss arrested in Malaysia
Screengrab from http://www.youtube.com/watch?v=nf25UfTmWMI
MANILA, Philippines – Malaysian intelligence agents have arrested on Wednesday, January 23, Emmanuel Amalilio – the man behind a pyramid scam that victimized thousands – in Kota Kinabalu, Malaysia.
The arrest ends a 3-month manhunt.
Amalilio started Aman Futures Group, a securities firm that duped 10,000 Filipinos mostly from Visayas and Mindanao into giving them investments by offering a double-your-money scheme.
Aman Futures started operating in February this year in wet markets and with vendors and tricycle drivers as initial investors. – Rappler.com
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