MDN February 26, 2019

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1923

No bail for Freeman Volume VIII, No. 232

www.mindanaodailynews.com

P15.00

Tuesday, February 26, 2019

By MARK FRANCISCO and JOEL ESCOL Correspondents

Mark Freeman

A top-official of Cagayan de Oro City Police Office (Cocpo) has confirmed yesterday that there will be “No Bailbond” recommended for the arrest of the alleged large-scale swindler Mark Steven Freeman. Mardi Hortillosa, Cocpo spokesman told the media that this is a large scale swindling case so that the regional trial court branch 39 has penned down the decision with finality for the arrest of Ploutos Coin founder Mark Freeman, with no bailbond recommended. “Daghan kaayo ang nabiktima ni Mark Freeman ug sunod sunod nga See BAIL, page 11

Rotary club of Cagayan de Oro led by Pres. Danilo Empedrad celebrate Valentine’s Day at Alegria Hills with their beloved Anns.

Ploutos Coin founder amassed over P50 Million – City Dad By JOEL CALAMBA ESCOL

Members of the Bangsamoro Transition Authority (BTA), the body that will govern the Bangsamoro Autonomous Region in Muslim Mindanao until June 30, 2022 take their oath before President Rodrigo Duterte at the Rizal Hall of Malacanang on 22 February 2019. MindaNews photo by MANMAN DEJETO

A member of the City Council has revealed to the media this morning that the Ploutos Coin owner allegedly amassed over Fifty Million Pesos in cash and checks. City Councilor George Goking said he received reports that one of the investors had an investment of Fifty Million Pesos. The government executive, however, did not reveal the identity of the reported investor. Goking said over a local radio station here, that all he received were unverified reports and he has not known yet who among the businessmen in the city has

that big investment of Fifty Million Pesos. “Those were all unverified reports and I also did not receive a formal complaint of the businessman who invested his Fifty Million Pesos,” the city councilor pointed out He said if the P50 Million investment was true then Ploutos Coin founder Mark Steven Freeman, whose last known address was Oasis Condominium in Barangay Lapasan, this city, could have amassed not only Fifty Million but more than P80 Million Pesos. MDN online tried to contact Freeman at his See AMASSED, page 11

photo supplied

Mayor arrested on murder charges COTABATO City--A town mayor of Maguindanao province was arrested by police authorities on Sunday based on a 2016 arrest warrant for murder charges. Mayor Norodin Salasal of Datu Salibo, Maguindanao had just arrived from Manila on board a commercial flight and was arrested as he entered the arrival area of the Cotabato airport near Barangay Awang, Datu Odin See ARRESTED, page 11

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MDN February 26, 2019 by Mindanao Daily News - Issuu