Businessman commits suicide

A LOCAL businessman and car enthusiast ended his own life inside his home at Morning Mist Subdivision, Upper Carmen, Cagayan de Oro City, around 10 a.m. Friday, February 9.

Police said the victim, identified as 54-year-old Juan Miguel Araneta, apparently shot himself with a caliber .40 handgun.

The businessman died from a lone gunshot wound, investigators said.

Police said Araneta managed a charcoal plant in El Salvador City, Misamis Oriental, and ran an auto shop in the city.

Source: Ph Local

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