Cebu businessman arrested in alleged P5.3-M fuel scam

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.