PREMIERE Horizon Alliance Corp. disclosed on Tuesday that the Pasig City prosecutor’s office found two individuals with ties to the company indictable for estafa under Article 315 of the Revised Penal Code.

In a regulatory filing, the firm said that the Office of the City Prosecutor of Pasig City issued a resolution dated Dec. 28, 2022 “finding probable cause to indict and bind for trial Augusto Antonio C. Serafica, Jr. and Marvin C. Dela Cruz for the crime of estafa.”

Premiere Horizon says court finds probable estafa case vs 2 persons