The Insurance Commission (IC) said an individual who was claiming to be Insurance Commissioner Dennis B. Funa was charged with estafa.
In a statement sent to reporters on Thursday, Aug. 23, the IC said a victim filed a case before the Makati City Prosecutor’s Office against a certain Jordan Alao Villanueva for defrauding him P700,000.
The case stemmed from a complaint filed by the victim who received a call from Mr. Villanueva claiming to be Mr. Funa.
According to the complainant, Mr. Villanueva was able to convince him that he was the commissioner due to Mr. Villanueva’s “intimate knowledge of the insurance agency.”
The accused extorted a total of P700,000, which was deposited in a bank account under his name sometime in August 2017, the victim added.
The complainant later found out from Mr. Funa that the number as well as the bank account do not belong to the commissioner. — Karl Angelo N. Vidal