Tuesday, April 12, 2011

Mikey on Beachfront House in California

Son of former president Gloria Macapagal-Arroyo and now Ang Galing Party-list Rep. Juan Miguel “Mikey” Arroyo would have commit mortgage fraud, according to financial advisor James Triguero. The later wonders how he got a loan for $1 million to buy the beachfront house in California while functioning as a congressman in the Philippines and only makes P455,000 a year. Beachway LLC acquired the controversial property where Arroyo has a minority stake.

Mikey committed fraud to purchase beachfront house?

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