MABALACAT CITY, Pampanga鈥撯�揚olice arrested a junk shop owner, two security guards, and another person in Capas town, Tarlac for alleged theft and fencing of some P1,330,000 worth of cyclone wires, authorities said Monday, Oct. 11.
In a statement, the Tarlac police identified the suspects as Michael Cunanan, a junk shop owner in Cut-cut I village in Capas; security guards Christian Gamesira and Ace Jamandron; and one Mark Anthony Bulawan.
It said an inventory of materials by officials of VT Lao Construction in Cut-cut I village on Oct. 8 showed that 380 rolls of cyclone wires were missing.
The legal officer of the construction firm then sought the help of the Capas municipal police. When the police inspected Cunanan鈥檚 junk shop, they allegedly found 38 rolls of the missing cyclone wires.
The police said the junk shop owner had confessed that he had bought the cyclone wires from Gamesira, Jamandron, and Bulawan.
Cunanan is facing charges for violation of the Anti-Fencing Law. Fencing is the act of buying and reselling stolen items.
The police said the three other suspects were facing charges for qualified theft.