Kwentong OFW

Menu
  • HOME
  • STORIES
  • OFW NEWS
  • WORLD NEWS
  • PHILIPPINES NEWS
  • JOBS
  • TIPS

KwentongOFW - The Place Where OFWs United.

Follow us on Facebook

Beware: Pinay Loses More Than One Million Over An Investment Scam

Filipina from Japan was victimized by an investment scam. Now, she raises awareness to other OFWs not to get fooled by these certain activities.

Sarah, not her true name, was convinced to join the business which was introduced by a certain Princess Polinar Micabalo. She is from Ozamiz City.

Sarah and Micabalo met in Rehlity Hartz, a social networking site. She was wooed to join the business. According to Sarah, she likes to help those people in need. But if she continues to help, she will use all her savings. So she was wooed to the fact that through investment, she can grow her money the shortest time possible.

After constant communication, Sarah invested in the business. She doubted Micabalo at first but was later convinced after the later gave her two identification cards and posted photos online.

SEE ALSO : Beware: Pinay Loses Cash in Prize Scam Winning 3.1 Million peso

Sarah invested P180,000 in the hopes of doubling the money just within a month. After a month, she received the first payout of P225,000.

File Image –

Upon receiving her first payout, she then convinced other investors, mostly Japanese friends, to invest and they were able to produce P1.2 million.

Just after the money was deposited, Micabalo disappeared. Her social media accounts were deactivated. To avoid conflicts, Sarah paid her Japanese friends. Though she didn’t revealed that she was actually scammed, Sarah decided to pay off the promised amount.

Unfortunately, Micabalo already victimized several OFWs ahead of Sarah. She used different investment names so as to lure possible victims.

Sarah is not expecting to get her money back. She just wants to raise awareness to the public so as not to get victimized by these scammers.

Share
Tweet
Google+
Prev Article
Next Article

Related Articles

Another overseas Filipino worker (OFW) has been the latest victim …

OFW and family barred from flying to Italy due to bullet in luggage

The U.S State Department confirmed that Philippines does not belong …

Philippines Not Included In The Travel Ban Of United States

The Saudi Labor Ministry denied it issued an order banning …

Saudi Arabia: No ban on hiring Filipino workers

POEA administrator Hans Leo J. Cacdac has ordered the suspension …

Recruiter’s license suspended for misrepresentation- POEA

It is very important to respect the rules and regular …

OFW in Saudi Arabia Sent To Prison Because of Nude Selfies on Phone

On January 2, 2018, a Pinay OFW based in Hong …

Hong Kong-based OFW Arrested in India for Possessing 4.7 Kilograms of Cocaine

Tags:Investment Scam Japan OFW Pinay In Japan Scammer Scammer Alert

Share Your Comments

Comments

Leave a Reply

Cancel reply

Follow @Kwentong_OFW
DMCA.com Protection Status

Kwentong OFW

IMPORTANT LINKS

  • SUBMIT YOUR STORY
  • ABOUT US
  • PRIVACY POLICY
  • DISCLAIMER
  • CONTACT US

CATEGORIES

  • balitang OFW (1,509)
  • Exchange Rate (57)
  • kwentong OFW (1,419)
  • OFW JOBS (96)
  • OFW TIPS (268)
  • PINAS NEWS (308)
  • tulang OFW (21)
  • WORLD NEWS (340)

Most Popular -Day

  • OFWs Nagrereklamo: Balikbayan Boxes, Matagal na Naantala ng Courier Service

Most Popular – Week

  • OFWs Nagrereklamo: Balikbayan Boxes, Matagal na Naantala ng Courier Service

Most Popular – Month

  • OFWs Nagrereklamo: Balikbayan Boxes, Matagal na Naantala ng Courier Service
Copyright © 2025 Kwentong OFW
All Rights Reserved KwentongOFW