BSP charges Celso delos Angeles with 1 billion syndicated estafa

The Bangko Sentral ng Pilipinas (BSP) just filed a 1 billion peso syndicated estafa charge against Legacy owner Celso "Boy Sese" delos Angeles. So, are we, the People, especially those 130,000 depositors scammed by this financial artist, satisfied with this?

No. Celso should be made to account for the 14 billion pesos he reportedly got from those double your money schemes he devised to scam people out of their shirts.

The BSP should modify their charge to 14 billion pesos syndicated estafa, instead of 1 billion.

Likewise, the warrant of arrest for Celso should be accomplished in haste, so that he'll not bail himself out of this one.

Celso's accomplices should also be summarily executed, err, arrested, especially officials of Dynamic Bank, particularly those involved in the marketing of this highly anomalous double your money scheme. According to reports, Dynamic Bank had the biggest exposure and the biggest take of deposits amounting to about 2.5 billion, so the officers of this bank should be charged and jailed with Boy Sese too.

A Manila Times report says that Sese operated one of the biggest syndicates in the Philippines. He heads this ruthless syndicate with impunity and even has the capability to kill their detractors.

The State should match their firepower with more lethal force. If Celso and the rest of those who scammed the Filipino People of 14 billion pesos resist arrest, the State should very well give them what's due to them immediately.

Yet, I doubt it if we'll see Boy Sese behind bars. Will Speaker Nograles allow his bosom buddy to spend time in jail?

The next chapter of this episode is predictable---Celso delos Angeles will escape the long-arm of the law and like Joc-Joc Bolante before, will try to seek refuge in the United States or Timbuktu. He'll probably enjoy his billions there, in the comforts of a villa.