Some investors complained after allegedly falling victim to an investment scam by a fuel company. Actor-host Luis Manzano was among the accused. But Manzano insisted that he is also a victim of the said company. The National Bureau of Investigation is set to summon the actor in connection with the complaint.
Manzano sought the assistance of the NBI in investigating Flex Fuel Petroleum Corporation where he was the chairman of the board. He resigned in Feb 2021 and divested from the company.
Meanwhile, a separate group of nine investors has filed a complaint in the NBI against Manzano and the officers of Flex Fuel Petroleum Corp.
They are also claiming that the company owes them after failing to receive dividends from their investment. They insisted that it was Manzano who convinced them to invest in the company and that the company – and Manzano, failed to disclose his resignation.
Flex Fuel Petroleum Corp declined to give a statement on the investigation while they are still consulting their lawyers.
Source ABS-CBN