2 arrested for swindling OFWs

BALANGA CITY, Bataan, Philippines  — Two men were arrested yesterday for allegedly defrauding overseas Filipino workers (OFWs) of more than P75 million to invest in a non-existent tuna export  business.

Chief Inspector Rex Perucho, Criminal Investigation and Detection Group-Bataan chief,  identified the suspects as Antonio Laugan, alias Manny, a resident of Barangay Nahiraya, Victoria, Laguna, and Jonathan Asuncion of Caloocan City.

 A manhunt for their three cohorts is ongoing. 

Leonardo Austria, 62, said the suspects duped him to invest P8.3 million last November.

Police said the group targets OFWs who have put up businesses in the provinces based on information gathered from posts on Facebook.