Terrence Romeo Sued Allegedly Due to Bounced Check in Poultry Business
Filipino basketball player Terrence Romeo faces charges filed against him allegedly due to bounced check in the poultry business.
The basketball player for the San Miguel Beermen is now facing charges for allegedly defrauding some of his business’s investors. According to a GMA News investigation, Romeo’s victims said that the PBA star promised them a 25% monthly profit if they invested in his chicken company.
READ ALSO: Diego Loyzaga On Reconciliation With Father Cesar Montano After 7 Years
One of the victims, alias Marco, donated Romeo ten million pesos. According to the victim, they will purchase the chicks, which will be raised on Romeo’s farm, and they would receive a monthly dividend. He said that their transaction was well for the first several months till there were delays.
“Bibili kami ng chicks tapos yung chicks na ‘yun sila ang magpapalago sa farm nila then meron kang makukuhang dibidendo every month. Noong mga unang buwan okay po sila pero noong tumagal nagkaroon po ng delays,” said the victim.
Because certain well-known musicians became endorsers of the brand, Romeo was able to persuade them simply. They were no longer provided Romeo’s profit after a few months. They said that they attempted to speak with the PBA star but that he disregarded them.
“Ayaw po sana namin itong palakihin gusto po namin sana isettle so nagkita po kami kaso ayaw pa rin po makipagsettle,”said Marco.
The investors have already filed an official complaint with the National Bureau of Investigation, and Romeo appears to have left his cell phone number with them. Romeo has a number of additional victims who contributed millions to the basketball player but never got their money back.
Another disappointed investor, “Barbie,” informed Sumangil sadly that she had put P50,000 into the company. Fellow instructors at her workplace, on the other hand, contributed a total of P2 million to the firm.
Romeo’s camp has yet to reply to the claims leveled against him. Romeo’s wife, Beatrice Pia Espina, was arrested in January on charges of ‘carnapping.’
READ ALSO: Terrence Romeo Wife Scams Ogie Diaz, Details How He Lost Millions
What can you say about this article? Just feel free to leave your reactions in the comment section.
For more news and updates, follow us on Twitter:@philnews_ph Facebook:@PhilNews and; YouTube channel Philnews Ph
