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Superseding indictment filed vs. ex-CRM official
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Posted on Oct 26 2006
The U.S. government filed yesterday a superseding indictment against former Coastal Resources Management official Benny K. Pangelinan, who allegedly defrauded some people on Saipan by inducing them to invest with his foreign business partners and other business scheme.
Pangelinan, 58, was charged with five counts of wire fraud.
According to the superseding indictment signed by Assistant U.S. Attorney Timothy Moran, four wire transfers were made from Saipan to Frankurt, Germany, on March 21, 2006.
Moran said Beatriz Japon wire transferred $5,700 and $6,000 to Clement Smith and Robert Green in Frankfurt, Germany.
Businessman Rene Azucenas also wire transferred $6,000 to Bill Freeman in Frankurt, Germany, while Robert Dela Cruz sent $6,000 to Johnson Duke in Frankurt, Germany, on the same day.
Moran said that on May 3, 2006, Pangelinan sent an e-mail to Sachico Adachi requesting $50,000 that he allegedly needed to pay a bank before it would release to him an inheritance of several million dollars.
Moran said among the people with whom defendant spoke and made such false and fraudulent pretenses, representations, and promises were Cabrera Water Co. owner Pang Hong Cabrera, Sablan Hardware part-owner Conrad Sablan, and Sachico Adachi.
The prosecutor alleged that soon after defendant had fraudulently obtained the money from each of these different people, he sent or caused others to send those funds to other persons involved in the scheme.
In June 2006, the Federal Bureau of Investigation arrested Pangelinan and reportedly confiscated during a raid at his residence some wire transfer receipts indicating that a total of $20,089.99 was sent to three persons in the Netherlands.
According to FBI, they also seized hundreds of pages of e-mails from various overseas individuals, including persons purporting to be from the United States, England, Nigeria, German, the Netherlands, and Spain.
