Beverly Hills 6750 mess: Estafa raps filed vs Bunevacz
GmaNews.TV - 02/01/2008 | 05:20 PM
Former athlete-turned TV host David Bunevacz was charged Friday before the Quezon City Prosecutor’s Office for alleged illegal disbursement of company funds from a firm which he once headed.
The case was based on the complaint of Tyrone Ong, director of Beverly Hills Cosmetic Surgery and Skin Clinic Inc., the firm which Bunevacz headed.
Ong claimed that Bunevacz, then president of the company, asked him for advances on several occasions from 2006 to 2007, saying that the firm needed money for operational expenses.
Since he trusted the respondent and considering that the company is a fairly new corporation that would need operating funds, the complainant willingly advanced money whenever Bunevacz asked him.
But in the last quarter of 2007, Ong noticed Bunevacz lavish lifestyle which gave rise to the suspicions that the firm’s money was being wasted.
To erase doubts in his mind, the complainant together with other investors decided to hire auditors to conduct an audit of the corporation’s operations.
The auditors then discovered fund were being disbursed although these were not related to the operations of the company.
Bunevacz of 181 Aeridis St. Pacific Village, Alabang, Muntinlupa was then charged with two counts of estafa for the alleged illegal disbursements of at least P1,821,581.00. … full story