According to Manuel “Boy” Mejorada:
Rommel S. Ynion came to town peddling a rags-to-riches story. A college drop-out he worked as copy reader and then reporter for the Manila Bulletin and The Philippine Star. Then his fortunes changed in 2001 when he supposedly went into business and became super-rich. With this story-line he started to spread his wings and make his presence felt in the community.
Quickly he bought a 6000-sqm. property in the posh Puerto Real de Iloilo in Lapaz Iloilo a whole block and built a glass-and-steel house worth an estimated P150 million. With his background as a journalist Ynion bought a local newspaper The News Today reportedly for P3 million. He also began renovation work on the Royal Palms Hotel on Gen. Hughes St. and prepare to launch a new hotel Bali Suites. His collection of expensive cars only served to cement the image as a super-rich businessman wanting to help propel Iloilo to becoming a boom town.
Strangely Ynion kept his background in business under a shroud of mystery. His publicity articles only describe him as a hardworking tycoon with interests in shipping coal and oil garbage collection construction and real estate development. He claims to oversee his supposed financial empire from several companies Maxposure Media Group Solid R One (construction) and Stavros (restaurants). Beyond such sketchy information virtually nothing exists about Rommel Ynions businesses that accounts for his fortune.
After nearly two weeks of digging I have obtained enough information to piece together a clearer picture of the real Rommel S. Ynion. And the word fraud leaps to mind as the evidence unmasks the truth about his wealth and the lies he has peddled to the local community. This should explain to the public the reason why Ynion is now spending half a million pesos on radio block times just to attack me and try to destroy my credibility. He is also paying Panay News P50000 a day to spread similar lies.
His methods are diabolical but these cant stop the truth from surfacing.
First Ynion lied about the supposed companies that propelled him to great wealth. He points to Maxposure Media Group as his anchor company.
There is no Maxposure Media Group registered with the Department of Trade and Industry and the Securities and Exchange Commission. Every businessman big or small knows that a business name needs a business name registration. Ynions right-hand man Samuel Jonathan Ng knows this. Ng had once falsified DTI documents to make it appear a business name he used to corner a multi-million contract for computers at the TESDA (yes hes the same Samuel Jonathan Ng who sold the P6.2 million ghost cell phone project of Boboy and Judy Syjuco four years ago).
Ynion borrowed a legitimate business name of a big advertising company in New Delhi India to make it sound believable. Can you believe that a successful advertising outfit has no visible track record on a Google search? PR and advertising depends on potential customers knowing your reputation but Ynions version of Maxposure Media Group has literally zero track record. Perhaps he reckoned Ilonggos are so dumb nobody would bother to check his story.
Solid R One is a shell corporation registered in the United States. It was incorporated only in March 2010. From what I know of shell corporations it is one of those tax havens used by individuals trying to launder money. According to a reliable source Ynion owns a Mang Inasal franchise in Davao City which he bought for P6 million less than two years ago CASH as in paper money in bundles.
There isnt an iota of evidence that Ynion was ever a business tycoon in the real sense of the word.
How could it happen that a magnate or tycoon own a business that doesnt even show up on a Google search except for one or two PR pieces about him? In this modern world you dont business that way – legitimate business that is.
A top-ranking Customs official hasnt heard the name Rommel Ynion. Strange isnt it? If Ynion is engaged in shipping or in the business of export and import his name should be in the radar screen of the Bureau of Customs. Ynion must have been doing his business under deep deep cover.
What I have ascertained is that he is the principal figure in Around D World Gaming Corp. His name doesnt appear on paper but its become clear he is poised to become the jueteng lord of Iloilo. Jueteng thats where his vast fortune came from. According to my sources Ynion managed to earn the confidence of the Arroyo brothers sometime in late 2001 and was given the task of managing certain areas for jueteng. Jose Pidal is a name that most Filipinos associate with jueteng and this was the period Ynion amassed his fortune working as trusted aide of Iggy Arroyo a.k.a Jose Pidal and former FG Mike Arroyo.
Last night I received this text message from former Vice Governor Roberto Obet Armada: Behind every great fortune lies a crime DonVito Corleone. Actually this quote is borrowed from the great writer Honore de Balzac. But it does fit into this story. Nobody makes such a vast fortune in a matter of 10 years unless maybe he is Mark Zuckerberg or Bill Gates.
As I wrote in an earlier post Ynions lifestyle reminds me of Mafia dons and Columbian drug lords. He has heavily-armored SUVs in his garage and always accompanied by a retinue of bodyguards armed with Israel-made micro-Tavors. He also likes to invite individuals with a history of violent crimes in his household and show them off to media like a kennel of snarling Dobermans ready to attack and kill those who try to block his path. He is determined to keep everybody quiet about where his wealth came from.
This gives a perspective on why Ynion has mounted a vilification campaign against me in the local media. He thinks he can tear me apart with his lies and force me to surrender. Nobody has told him that these are the same dregs in media who were engaged to carry out demolition jobs against me for many years now. Somehow I have survived and I believe another round of these radio and newspaper demolition jobs will not hurt anymore.
Ynion however is now exposed as a fraud. And I point an accusing finger at Governor Arthur Defensor Sr. for trying to make Iloilo province jueteng-land by forging this partnership with Ynion.