Pagadian City Mayor Sammy S. Co is reportedly threatening a firefighter who lost P15 million in the Aman Futures Group pyramiding scam. The firefighter said he received threats after refusing to accept only 2% of his entire investment from Pagadian Mayor Samuel Co, a report from ABS-CBN News said.
FO1 Fabian Tapayan, on a report, said he personally delivered his investment to Co’s house before the entire pyramiding scam collapsed.
He said that after Aman Futures vanished, he personally went to Co’s office at Pagadian City Hall to demand the return of his money but Mayor Samuel S. Co only promised to return 2% of his investment and nothing more.
The firefighter said he was warned by his supervisor and even Mayor Co's wife that he could be in trouble for refusing to settle with the mayor.
Earlier reports said the Aman Futures scam duped some 15,000 investors of around P12 billion mostly in the Visayas and Mindanao which caused other victims to commit suicide.