Here's What Yexel Sebastian Has to Say About the Scam Complaints Against Him

Toy collector Yexel Sebastian and his wife Mikee Agustin have found themselves in hot water after being tagged in an alleged ₱200M investment scam. However, despite the accusations against them, the pair were able to leave the country, much to the disappointment of their alleged victims and Pinoys on social media.

Yexel Sebastian and Mikee Agustin fly to Japan

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Sebastian and Agustin flew to Nagoya, Japan last October 9. According to the Bureau of Investigation (BI), they had “no reason to hold the departure of the two subjects” since there’s no case against them yet.

“Hindi ko alam kung ito’y tumatakas na o baka pumunta sa Nagoya para mag-recruit na naman ng investors,” said Sen. Raffy Tulfo, who brought the issue up during a committee hearing.

Tulfo is well-versed in the situation after multiple alleged victims reached out to his public affairs show, Raffy Tulfo in Action, for help. He also confirmed that all of the complaints have been filed at the National Bureau of Investigation.

Yexel Sebastian and Mikee Agustin accused of scamming

Complaints against Sebastian and Agustin have been floating online since last year after a disappointed Facebook user called out the pair for their “fishy” investment scheme. According to the Facebook user, he was initially interested in Sebastian’s proposal of doubling any investor’s money within a year.

“Kung meron kang capital sa negosyo, doblehin natin ang inyong puhunan sa loob ng isang taon,” read Sebastian’s screen captured post. “Sure ang monthly income kahit busy ka sa work o negosyo o nasa abroad.”

When the Facebook user inquired about investing, an admin of Sebastian’s page told them that they only accept a minimum of P200k. However, when Agustin took over the conversation, she said the minimum investment is actually P1 million.

“Tapos nag-banggit ka pa Mikee about sa 5% return for only 12 months tapos hindi pwedeng galawin ang pera for 2 years. Ok gets ko yan, kasi investment. Pero ung tanong ko na bakit 12 months lang hindi mo nasagot. Kulang ng information/explanation,” said the Facebook user.

What he initially thought of as an investment for a toy store or a new toy museum turned out to be business in the “casino industry,” according to Agustin.

The Facebook user also aired his dismay about Agustin’s behavior, saying she wasn’t professional and thorough with her explanation. They only communicated via Messenger video call which only lasted for 5 minutes.

“Para sa akin ang greedy nang dating ni Mikee about sa business investment scheme nila. Basta magpakitang/artista mukha lang magkakainterest agad ang mga tao,” said the Facebook user.

Other alleged victims stepped forward to claim they’ve also been scammed

Facebook user Priscilla LaFountain shared her frustrating experience dealing with the couple. In a four-minute video, LaFountain shared that she invested P200k in 2022. Her “one-year” contract from June 2022 to 2023 yielded “regular payouts” so she decided to invest another year. However, the payouts suddenly stopped.

“One year lang yung contract. So pede mo siyang i-roll kung gusto mo. So ni roll ko siya nung June this year. So sabi ko i-roll na. So July this year 2023, ok din. Okay yung payout. August, September, wala na,” she said.

In a separate post, LaFountain revealed that the couple already blocked and unfriended her on Facebook.

“Binlock ako ni Yexel. Inunfriend ako ni Mikee sa Personal facebook niya. Bakit po ganun? Maayos kami naglabas ng pera. Sana maayos din kayong makipagusap sa amin,” said LaFountain.