Business groups in Pampanga issue warning vs. 'boodle-boodle' operations
March 5, 2010 12:58 pm
CLARK FREEPORT ZONE, Pampanga, March 5 — Business groups have issued a warning against a well-organized syndicate which have victimized at least three business firms in the province of some P18 million in what is known as “boodle-boodle” operation in the country.
The operation of the syndicate has been disclosed to the regional office of the National Bureau of Investigation (NBI) in this freeport which already has prepared criminal charges against at least 10 suspected members of the syndicate.
In an information gathered by the police investigators, the victims duped by the syndicate members include a hotel owner, a Jollibee restaurant operator and a big private school owner.
The hotel owner complained that the syndicate members approached him some time last October and offered “oil separators” allegedly manufactured and imported from Indonesia.
The oil separators are allegedly being used in converting big quantity of crude oils into refined gasoline without passing through a refinery.
The victims said they bought boxes of oil separators from the syndicate members at P1 million per box. However, they found out that the alleged oil separators were nothing but plain flour. (PNA)
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