Probe of Francswiss pyramiding widened; celebs may be victims

July 10, 2007 - 06:01 PM - The NBI on Tuesday said that it has widened its probe of the Francswiss Investment pyramiding scam following reports that prominent people including actors and actresses, politicians, a media personality, a basketball player, and military and police officers were among its victims.

The NBI said 25 people had already filed complaints against Francswiss and 100 more also plan to sue Francswiss officers. Investors each poured in a minimum of $1,000 in Francswiss.

Senior Agent Manny Fayre of the NBI National Capital Region said the bureau is set to invite some personalities to shed light on the incident, including popular actress Claudine Barreto and her actor-husband Raymart Santiago, broadcast journalist Korina Sanchez and cager Bonnel Balingit.

But Fayre said Barreto, Santiago and Sanchez may not actually have been investors" but were name-dropped by the group to lure other people.

Details at GMANews.TV