Suspect in pyramiding scam seized in Davao

By on May 13, 2014



MANILA, Philippines — The police Criminal Investigation and Detection Group (CIDG) reported that a suspect who was allegedly involved in a pyramiding scam was arrested last week in Davao del Sur.

According to reports, the suspect Reynaldo Lu was arrested Friday night in Matanao town.

The CIDG added that allegedly, a woman named Evelyn and Lu’s sister led the group. She was seized earlier in Bulacan.