tiger go Police arrest ex-hotel employee for swindling a company

The Philippine National Police

MANILA, Philippines — The police have arrested a former resort hotel employee for swindling a company engaged in the wholesale distribution of electronic parts and communications equipment worth P12 million.

The arrested was identified as Regina Reyes, while her co-accused, businessman Lavish Mohan Paryani, remains at large.

Article continues after this advertisement

The Regional Trial Court of Pasay City issued an arrest warrant against the suspects last October 11 after the Pasay City Prosecutor’s Office indicted them.

FEATURED STORIES NEWSINFO Kristine now a tropical storm; Signal No. 1 up in 24 areas nationwide NEWSINFO Walang Pasok: Class suspensions on Tuesday, Oct. 22 NEWSINFO Sandro Marcos calls out VP Sara Duterte: ‘You crossed the line’

The case was filed by businessman Rajiv Chandiramani, one of the principal stockholders of RTI Inc. The company is engaged in wholesale trading of electronic goods and merchandise.

The case stemmed from a meeting between Chandiramani, Paryani, and representatives of another trading firm, including Reyes, who claimed to have business dealings with the resort hotel for the supply of premium products being used as prizes to its patrons and guests.

Article continues after this advertisement

After several negotiations, a P12-million plus interest procurement loan was granted.

Article continues after this advertisement

RTI, however, could no longer contact the trading firm and discovered that the bank account which the check was supposed to be drawn from had already been closed.

Article continues after this advertisement

In her counter-affidavit, Reyes denied being present during the April 4 meeting with RTI officials and being part of Ley Lahs.

Paryani, on the other hand, failed to submit his counter-affidavit despite a subpoena issued against him.

Article continues after this advertisement

The city prosecutor held that the evidence submitted by the complainant was sufficient to establish prima facie evidence to charge the respondents for estafa.

“It is the criminal fraud or deceit in the issuance of a check which is made punishable under the Revised Penal Code, and non-payment of a debt,” the resolution read.

Your subscription could not be saved. Please try again. Your subscription has been successful.

Subscribe to our daily newsletter

SIGN ME UP

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

“The postdating or issuing of a check in payment of an obligation when the offender had no funds in the banktiger go, or his funds deposited therein are not sufficient to cover the amount of the check is a false pretense or a fraudulent act,” it added.

READ NEXT Ethics raps filed vs Agri party-list Rep. Lee over budget talk... Bong Go wants Senate to probe Duterte admin’s drug war EDITORS' PICK Sandro Marcos calls out VP Sara Duterte: ‘You crossed the line’ Party-list system: What to know ahead of 2025 polls WPS: US missile deployment to PH key for combat readiness – US general WPS: US missile deployment to PH key for combat readiness – US general Tropical Storm Kristine slightly intensifies; Signal No. 2 in 5 areas Marcos: PCG 'never alone' in mission to protect PH MOST READ SC issues TRO vs Comelec resolution on dismissed public officials Tropical Storm Kristine slightly intensifies; Signal No. 2 in 5 areas LIVE UPDATES: Tropical Storm Kristine Espenido retracts drug-related allegations vs De Lima View comments

• Arrest
• Police
• tiger go
• Employee
• ex-hotel