By Nancy Carvajal
Two suppliers of cosmetics and beauty products accused Century Properties managing director Robbie Antonio of running away with P21 million of their money in exchange for exclusive contracts.
Cosmetics manufacturer La Belle Moi Inc. told the National Bureau of Investigation (NBI) in a complaint that the company was asked by Antonio’s agents at Radiant Beauty and Selection Corp. and Resurgent Corporation to pay P2 million as an “upfront bond” for a P20 million contract.
“We paid the P2 million bond in 2019, but no transaction was made. Antonio’s company said our product line will bear the names of popular movie stars but nothing came out of it. Our money wasn’t returned,” a representative of La Bell Moi, who asked not to be named, told Bilyonaryo.
Allan Navasero, who’s engaged in importing Korean products, also filed a complaint against Antonio alleging fraud.
Navasero said his company paid a total of P19 million to become Resurgent Corp.’s sole supplier of beauty products. As part of the deal, he said Antonio’s group even requested several samples of Korean products before signing him on. The items reportedly amounted to P250,000 up to P350,000.
“Except for a single transaction worth P2 million, nothing followed,’’Navasero said.
The businessman said he had to pawn properties to pay investors he invited to join Resurgent Corp., a multi-level marketing company, because he expected a significant return on their investments.
“We thought it was a breakthrough for us because Antonio is a big deal, but it turned out to be a scam,” Navasero said.
Complaints have been filed against Antonio before the NBI for allegedly ripping P150 million off contractors for his Revolution Precrafted Properties Philippines, Inc., which is involved in the construction of prefabricated homes.
Robbie’s father is the 39th richest Filipino with $180 million in net worth as of 2020.