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Fake Title, 4 Million Peso Loan: Five Arrested in Pangasinan
Five individuals were arrested in Pangasinan, Philippines, for allegedly obtaining a 4 million peso loan using a forged property title. The National Bureau of Investigation (NBI) Dagupan conducted an entrapment operation, which was captured on video. "They used a fake title to get the loan," said Mert Tello, Agent-in-Charge, NBI Dagupan. The video shows the suspects receiving the marked money. The NBI is investigating the possibility of more victims. The suspects are facing charges of falsification of public documents. This case highlights the importance of verifying property titles before entering into financial transactions.
13 days ago
PH
Pangasinan
news release
arrest