08/03/2026
NBI BUSTS ILLEGAL REAL ESTATE SELLING SCHEME IN KORONADAL CITY
The National Bureau of Investigation (NBI), through its Central Mindanao Regional Office (CEMRO), arrested a real estate personnel during an entrapment operation conducted on 5 March 2026 in Koronadal City, South Cotabato, for the unauthorized sale of a subdivision lot.
The operation stemmed from a complaint filed by Sahar Carumba Kaddoura, who alleged that portions of a parcel of land located at Purok Everlasting, Barangay New Pangasinan, Koronadal City, covered by TCT No. 145-2022004615, were being marketed and sold without the authority of the legitimate heirs of the registered owner, Teodorico Paraico.
Investigation revealed that the property was being offered for sale using a Special Power of Attorney (SPA) purportedly executed by Paraico in 2022. However, records show that the registered owner died in 1979, casting serious doubt on the authenticity of the document used in the transaction.
Further verification with the Professional Regulation Commission (PRC) showed that the individual involved was not a licensed real estate practitioner, in violation of Republic Act No. 9646 (Real Estate Service Act). The property was likewise being marketed through P&N Real Estate Services without the required authority from the Department of Human Settlements and Urban Development (DHSUD), in violation of Presidential Decree No. 957.
Prior to the operation, NBI agents conducted test-buy operations, confirming that the office was actively offering subdivision lots for sale.
At around 10:00 AM on 5 March 2026, NBI operatives proceeded to the office of P&N Real Estate Services in Koronadal City. Upon the pre-arranged signal, agents entered the premises and caught Lilah May Villaruel y Tayo in the act of counting the marked money used as down payment for the purchase of a subdivision lot.
The suspect was informed of the reason for her arrest and apprised of her constitutional rights.
She now faces charges for violations of:
โข Republic Act No. 9646 (Real Estate Service Act)
โข Presidential Decree No. 957
โข Article 315 (2) of the Revised Penal Code (Estafa)
The suspect was brought to the NBI Central Mindanao Regional Office in Koronadal City for documentation and booking. The subject has already been inquested before the Office of the City Prosecutor of Koronadal City.
NBI Director Atty. Melvin Matibag emphasized the Bureauโs commitment to protecting the public from fraudulent real estate transactions.
โWe urge the public to exercise due diligence when purchasing real estate properties. Always verify the legitimacy of brokers, agents, and supporting documents through the proper government agencies before entering into any transaction. The NBI will continue to pursue individuals who engage in fraudulent schemes that victimize unsuspecting property buyers,โ the NBI Director said.
