Janice Lozano-Juatco and her husband Roque Juatco are accused of defaulting on loans for a combined total of $6,747.29 according to the August 2015 Notice Of Claim filed in Civil Court by CC Cornerstone Credit Ltd (Cornerstone).
Through disputed circumstances, six more people got dragged into the civil court claim as defendants after it was alleged they were co-signatories to the loan documents. They were also asked to pay for Lozano and Juatco’s unpaid loans.
Janice Lozano-Juatco (Secretary for the UFCABC, Talent Scout for the World Championship of Performing Arts and host of the Pinoy Buzz TV show) is being sued for $3,702.00. Roque Juatco (executive producer of Pinoy Buzz) is being sued for $2,945.29.
Janice Lozano/Juatco, Roque Juatco and his mother Erlinda “Erly” Juatco have an alleged colorful history of owing money to people, some of which dates as far back as 20 years ago.
Janice Lozano-Juatco, Secretary for the UFCABC, Talent Scout for the World Championship of Performing Arts and host of the Pinoy Buzz TV show
CC Cornerstone Credit Ltd appear to accept high risk unsecured loans. To secure the loans in this case, the company got applicants to co-sign other people’s loans they don’t even know.
In return that same applicant will get three other people – they don’t really know who — co-signing for their own loan. In this case, both Janice and Roque had three different co-signers each. Co-signers we interviewed received a loan on their own at some point but paid Cornerstone back in full at an annual interest of 45 percent and higher.
The three defendants on Roque Juatco’s case jointly filed a counterclaim against Cornerstone Ltd. for $6,182.00. “We have been exploited or scammed by being listed illegally and maliciously as co-makers of defendant Roque P Juatco without our knowledge or consent or signatures causing us undue stress, mental anguish, actual & recurring physical pains hence our herein claim.”
Roque Juatco Jr.
One of the co-defendants wrote in her affidavit “I do notice now how, I and my co-defendants, have been shuffled and exploited as each other’s co-signers without our knowledge and consent.”
All three defendants on the Janice Lozano case disputed the case separately. Emee Escaro (a supposed friend of Lozano) wrote in her counterclaim “…Cornerstone Credit did not clearly explain the responsibility of being a co-signer of a loan before releasing the money.”
She also said “Janice Lozano agreed to pay the full amount of $3,702.00 in seven months”. Defendant #2 stated “…I don’t owe Cornerstone any money, Defendant Janice Lozano is in default.” Defendant #3 stated “…Ms. Daisy Fernandez, an employee of the claimant failed to explain in details what my responsibilities are as a co-signer or a co-maker of a loan. She just asked me to sign the document.” Applicants stated they fully trusted Cornerstone until this happened.
Janice Lozano/Juatco, Roque Juatco and his mother Erlinda “Erly” Juatco have an alleged colorful history of owing money to people, some of which dates as far back as 20 years ago.
Janice Lozano, when confronted about questionable allegations brushes them off by stating “if they have an issue with me, take me to court.”
But history shows it doesn’t do any good. Previous acquaintances alleged Janice Lozano, her husband Roque Juatco and his parents Erlinda and Bodeng Juatco know how to use the Civil Court legal system to their advantage.
Connie Mananquil can attest to a blatant example of why going to court with this family doesn’t work.
Miss Mananquil invested in “The Philippine Chronicle” that was owned by the Juatco’s in 1998. She discovered the Juatco’s were “diverting funds from the company in a manner which was clearly improper.” Connie won the court case and the Juatco’s were ordered by a Supreme Court judge to pay her $15,000.00.
Janice Lozano, when confronted about questionable allegations brushes them off by stating “If they have an issue with me, take me to court.”
Bodeng writes on the “Philippine Asian Chronicle” website that the word “Asian” was added “due to the nature of advertising received from other ethnic business groups…” Connie Mananquil noted the reality is, Bodeng changed the business name of the paper with one word “Asian” so he could carry on with a new company name (Philippine Asian Chronicle) which gave Bodeng an excuse to avoid paying the $15,000.00 owed to her.
To add insult to injury, Bodeng Juatco brags in the “Philippine Asian Chronicle” that they “started it all.” Bodeng Juatco can’t have it both ways because the original Philippine Chronicle “started it all” and Connie Mananquil was awarded control of the Philippine Chronicle through the court in 2002 and now owns the rights to that company, its history and bragging rights.
Multiple alleged victims of Janice Lozano and the Juatco’s on the www.nellievandt.com website wrote their stories of losing money or property because of dealings with this family over a 20 year period. Nobody in this group bothered to take them to Civil Court because they felt it would be futile, plus a waste of time and money. This is especially the case if the defendants have no assets or jobs to garnish wages.
There are 106 more cases involving CC Cornerstone Credit Ltd on the Civil Court Records that we could find. There could potentially be over 300 people that got a surprise lesson on why not to blindly sign as a co-signer for someone you don’t even know. We emailed Cornerstone and asked questions about these loans. As of press time, nobody has responded.
We will update this story next month on the result of this civil case.
Bodeng & Erly Juatco.
15 YEARS LATER THE FAMILY AFFAIR OF OWING MONEY:
- Helping Hands Financial Inc filed a Notice of Claim in Small Claims Court against Erlinda Juatco for a $2,000 loan. In November 2014, a Default Order was made by a judge for Erlinda Juatco to pay $2,614 to Helping Hands. They are still waiting.
- Janice Lozano/Juatco allegedly owes CC CORNERSTONE CREDIT LTD for the sum of $3,702.00. The company is now going after three innocent people to pay for her delinquent loan. Lozano is still in default.
- Roque Juatco Jr allegedly owes CC CORNERSTONE CREDIT LTD $2,945.29. The company is now going after three innocent people to pay for his delinquent loan. The other defendants says he has never showed up for his own court case. Roque Juatco is still in default.
- Bodeng Juatco, the original owner of The Philippine Chronicle and now owner of The Philippine Asian Chronicle, reportedly did not pay the $15,000.00 ordered by the Supreme Court in 2001. Connie spent more than $15,000 in legal fees to try to get her money back. Now she is out of her original investment plus the amount she spent to take them to court. Connie is still waiting 15 years later for her money.
