Rufa Mae Lawyers confirmed that their client was facing a warrant of arrest for 14 counts of violation of Section 8 of the Securities and Regulation Code.
The comedian was also involved in the company Dermacare, which detained internet personality Neri Miranda-Naig, also became an endorser.
The Securities and Regulation Code forbids anyone to trade securities such as shares and investments without being approved by the Securities and Exchange Commission (SEC)
Like Neri, Rufa’s camp insisted that their client was only an endorser and did not ask people to invest in Dermacare.
According to them, they were also planning to file charges against Dermacare as the comedian also considered herself a victim as she didn’t receive payment for endorsing the brand.
“She will face those charges… mag-voluntary surrender siya and magpo-post po kami ng bail for that. She’s worried kasi hindi naman totoo ‘yung allegations kasi my client po is just a brand ambassador, a model-endorser,” Atty. Mary Louise Reyes said.
“Ni hindi sa kanya nakapagbayad ng downpayment, tapos ‘yung mga tseke po puro tumalbog. Lahat po ‘yan hawak naman po namin ‘yung ebidensya, ipe-present naming sa court.” she added.
As of writing, Rufa Mae has yet to give her reaction to what happened to Neri.