It’s been known for a long time that there were cracks emerging at the Philippines-based prefabricated housing construction firm Revolution Precrafted.
This week, the controversies regarding the luxury builder took a new turn when the country’s National Bureau of Investigation, acting on a complaint by contractors and suppliers, decided to probe the company. The complainants said they were duped by the firm, which allegedly led to losses worth $3 million.
Established in 2015 by Robbie Antonio, the flamboyant son of the real estate tycoon Jose Antonio, Revolution Precrafted had become the first Philippine unicorn within two years of its founding.
However, DealStreetAsia’s investigative report on Antonio and his company last year…