CEBU CITY, Philippines — A Cebu-based businessman was arrested after allegedly helping facilitate a P5.3-million fuel scam that promised steeply discounted diesel products, the National Bureau of Investigation in Central Visayas (NBI-7) said Friday. Agents arrested the suspect during an entrapment operation at a shopping mall along A.S. Fortuna Street in Mandaue City on Monday. It stemmed from a complaint for syndicated estafa filed by another businessman named Ruel De Veyra. READ: PNP urges public to take caution vs scams amid fuel subsidy rollout According to the NBI-7, De Veyra agreed to buy 100,000 liters of diesel at P53 per liter, […]...Keep on reading: Cebu businessman arrested in alleged P5.3-M fuel scam