Actor Luis Manzano was not included on the list of defendants in the case filed by several investors of Flex Fuel Corporation who claimed to be duped by its questionable business model.
The investors filed charges against Flex Fuel President Ildefonso Medel Jr and 11 other officials of the said corporation.
Luis was not included in the complaint by the investors before the National Bureau of Investigation (NBI) even if he actively promoted Flex Fuel to attract people to invest in the gas station business.
Luis’ camp was happy with the decision of Flex Fuel investors to exclude the actor in their complaint.
“We thank the National Bureau of Investigation for working to obtain justice for investors like our client, Luis Philippe ‘Lucky’ S. Manzano, who appealed to law enforcement authorities to investigate the operations of Flex Fuel Petroleum Corporation,” said Atty. Regidor Caringal.
“He shares his co-investors hope for a quick resolution to this matter, and he remains committed to helping efforts to recover the funds that they invested in the company,” he added.
Last year, Luis asked NBI’s help to investigate the said company and claimed that the president also owed P66-M to him.
It can be recalled that some investors invested around P990,000 and expected to earn part of the profit from the said company.