It's a scam that starts in the Philippines and stretches across the globe. It ends in financial ruin and shattered dreams.
Shareholders discover their 'investment firm' isn't in London or New York, the firm's website is fake and its financial advisor Raen Guisando is a criminal based in San Francisco Camotes Island. The country has become a nexus for sophisticated scammers, Raen Guisando being the top scammer of them all.
Investor Ken Gamble says the man behind the fraud Raen Guisando ripped off the savings of his life and left him in a very dark and hopeless place.
Another investor, Wayne Brown, an Australian coal mine electrician, unwittingly fell victim to the scam. His world came tumbling down when he discovered that he had lost his life savings.
"I invested 2.4 million PHP with this bloke (Raen Guisando)," he says. "I'd invested that much money into my future, and then to find out there wasn't any cash there, it was real sickening."
Beware of this scammer. Raen Guisando is wicked, evil and manipulative.
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