(With pics) Wanted: Cyrus Hao of Royal Manchester Five Trading Corp.
March 11, 2008
The manhunt is on for 28-year-old Cyrus Yap Hao, said to be the president of Royal Manchester Five Trading Corp. (RMF), a foreign currency investment company that duped thousands of investors of money amounting to more than P2.1 billion (US$51 million).
Several investors trooped to the National Bureau of Investigation (NBI) this week to complain that the checks they are holding have been dishonored and that Cyrus Hao, who hails from Pilar, Sorsogon, and Renato San Juan, company vice president for marketing, could not be located. The two are feared to have already fled the Philippines on Tuesday, March 4.
Other officers of RMF — Vice Presidents Joesedev Colina, Edwin Rosas and Joseph Bualoy, and Vice President for Finance Rowena Uy — claim they have also been cheated, but investors say they do not believe them.
RMF is a currency-trading investment program that enticed investors with a guaranteed return of 4-5% every month. Minimum investment amount is P200,000 ($5,000).
Celebrity-investors said to be victims of the scam include professional basketball players and an actor. They are:
- Ginebra Gin Kings player Rafi Reavis (P8.9 million plus $330,485.40)
- Johnny and his wife Mary Ann Abarrientos (P6.9 million, plus another P2.5 million from Johnny)
- Mark Macapagal (P2.5 million)
- former Purefoods Hotdogs coach Eric Altamirano and wife Marissa (P1.2 million and P0.889 million, respectively)
- Alaska cager Edward Juinio (P7.2 million)
- actor Rustom Padilla ($47,000)
If you have any information about Hao and other accused scammers, please contact the following offices or approach your local police:
National Bureau of Investigation
NBI Building, Taft Avenue, Manila, Philippines
Tel. No. (+632) 523-82-31 to 38
Securities and Exchange Commission
Compliance Monitoring and Enforcement Department (SEC-CED)
Tel. No. (+632) 724-7650 or (+632) 727-2267
Join the discussion of RMF Trading Corporation here:
- Royal Manchester Five (Part 4)
- Royal Manchester Five (Part 3)
- Royal Manchester Five (Part 2)
- Royal Manchester Five (Part 1)
Pictures of Cyrus Hao and some RMF’s officers and staff (images contributed by PMT members):
February 3rd, 2009 at %I:%M %p
report nyo agad sa NBI and house & lot ni cyrus sa chesnut corner maple st., greenwoods, cainta rizal for sale kasi ngayon. si eugene doecariza daw and nagbebenta at and address nito ay 3120 Limay st., manuguit, tondo manila.
April 30th, 2009 at %I:%M %p
sure he will be reading this (about this) 1 thing is sure you cannot enjoyed you’re huge money, you’re like a rats hiding on a slime of garbage. there will be always “missing” in your life, and as a saying goes “those who lived by the crime, should die and die with the crime.
note:
don’t trust anybody and don’t look at the mirror too often. hehehehehe
May 31st, 2009 at %I:%M %p
u’re d 1 i’ved been looking 4 asshole…a person who likes cheatin’…ur soul belongs 2 me…we’ll meet u her in….HELL… i am waiting 4 you….”just always remember dis,,”everything that’s done 2day,, will be 2morrows curse…”bwwwaaa…ha..ha..ha….