Subdivision developer in Talisay City nabbed for estafa

INTELLIGENCE officers of the Cebu Provincial Police Office arrested a subdivision developer for estafa charges last Friday noon in Bulacao village, Talisay City.

Pedro Cabunilas, 64, a businessman and developer, was nabbed by virtue of 17 warrants of arrest for estafa issued from different courts.

Cabunilas was also included in the Top Ten Most Wanted Persons on the Seven Focused Crimes of Talisay City Police Station.

Aside from estafa, Cabunilas also violated Batas Pambansa Blg. 22, also known as “An Act Penalizing the Making or Drawing and Issuance of a Check without Sufficient Funds or Credit and For Other Purposes and Presidential Decree No. 957 known as the Subdivision and Condominium Buyer's Protection Decree. (JOB)

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