00:00The Bureau of Jail Management and Penology confirmed that the actress and businessman, Nery Naig, was arrested and is now in jail in Pasay City Jail.
00:10Naig was arrested on charges of syndicated estafa and 14 counts of violation of the Securities Regulation Code.
00:17According to the Southern Police District, Naig was arrested on Saturday in an entrepreneurial convention in Pasay.
00:25First, he was called Alias Erin on the Facebook post of the SPD and his face was blurred in the video.
00:31Naig has already pleaded guilty on charges of violation of the Securities Regulation Code, but he will remain in jail on charges of syndicated estafa, which is non-bailable.
00:42In another Facebook post, Parroquiany Edgar frontman Chito Miranda said that his wife is not a fraud or that she has an advantage over her husband.
00:51He said that his wife is just an endorser and that she was used to get money from investors.
00:57He also said that he did not receive a letter, receipt or any other amnesty from Naig, so he was not able to defend himself when he was arrested.
01:04Both cases were dismissed and Miranda hopes that this case will also be cleared.