Actress Rufa Mae Quinto surrenders, clears name in securities fraud raps

National

ACTRESS and comedian Rufa Mae Quinto surrendered to authorities on Wednesday, January 8, following accusations of securities fraud.

Quinto returned to the Philippines from San Francisco, California after a Pasay court issued an arrest warrant for her alleged involvement in 14 counts of alleged violations under the Securities Regulation Code.

Accompanied by her family, Quinto turned herself in at the National Bureau of Investigation (NBI), where she faced the charges stemming from complaints filed by investors of Dermacare, a skincare company linked to an alleged investment scam.

Quinto, who has consistently denied any fraudulent activity, stated that she, too, was a victim of the scam.

The case revolves around accusations that Quinto, along with other individuals, participated in the unauthorized sale and distribution of securities related to Dermacare.

In response to the charges, the actress posted bail shortly after her surrender.

Quinto's case is part of a broader investigation into Dermacare's alleged fraudulent operations.

In November of last year, actress and entrepreneur Neri Naig was also charged with fraud in connection with the same company, further raising concerns over potential investment scams targeting unsuspecting investors.

Despite the legal challenges, Quinto maintains her innocence and has expressed confidence that the legal process will clear her name.

As the investigation continues, authorities are closely scrutinizing the roles of other individuals linked to Dermacare's alleged financial activities.(CMM)