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Legacy Bank Scam Owner Sent to Jail

Started by MikeLigalig.com, August 20, 2010, 10:42:55 PM

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By Nancy C. Carvajal
Philippine Daily Inquirer

Celso de los Angeles, owner of the bankrupt Legacy group, has been ordered by an Ormoc City judge to be jailed in Ormoc City, a government lawyer said Thursday.

"De los Angeles arrived this morning escorted by police from Manila and was brought directly to the provincial jail after a routine medical examination," said Atty. Carl Magsuling of Ormoc City RTC Branch 12.

De los Angeles has been charged with several syndicated estafa suits for defrauding rural bank depositors billions of pesos in deposits.
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