Quantcast
Home » Investment Scam You are browsing entries tagged with “Investment Scam”

Pyramided

The arrest last Sunday of former Pagadian City mayor Samuel Co and his wife trains the spotlight back on the sordid case of the P12-billion Aman Futures scam that was said to have bilked some 15,000 investors, mostly in Mindanao and the Visayas. The case, still unresolved at this time with the principal accused having jumped the border to Malaysia, not only involved billions of pesos but also many prominent personalities, among them military personnel and politicians such as Co and his wife.

Posted: December 17th, 2013 in Editor's Pick,Editorial,Inquirer Opinion | Read More »

Mutual legal assistance

The last-minute decision of Malaysian authorities in Sabah to stop the repatriation of Manuel Amalilio, for still undetermined reasons, is a setback for the Philippine effort to render justice to the victims of the P12-billion Aman Futures scam. But it is also a test for the Association of Southeast Asian Nations’ Treaty on Mutual Legal [...]

Posted: January 29th, 2013 in Editor's Pick,Editorial | Read More »

Guarding against investment scams

By
AMAN SCAM BRAINS FALLS    Aman Futures founder Manuel Amalilio, whose investment scheme duped some 15,000 Filipinos of about P12 billion, was arrested in Kota Kinabalu on Jan. 22. Five Aman Futures directors—(from left) Wilanie Fuentes, Naezelle Rodriguez, Leilan Lim Gan, Lurix Lopez and Eduard Lim—have surrendered to the NBI. Photo: NIÑO JESUS ORBETA

One of the frequently asked questions regarding investment scams is: Why do people continue to fall for such scams, despite numerous education or financial literacy campaigns, notices, advisories, alerts and warnings from public and private organizations as well as the media?

Posted: January 26th, 2013 in Inquirer Opinion,Talk of the Town | Read More »

Ponzi schemes

scheme

Entice investors with the promise of extremely high returns (ranging from a low 4 percent to a high 29 percent or even higher per month).

Posted: January 26th, 2013 in Inquirer Opinion,Talk of the Town | Read More »

Advertisement

News

  • Twister slams coastal village on outskirts of Digos City
  • NPA landmine kills 2 Army men
  • Fact-checking causes delay in filing of cases vs more ‘pork’ suspects
  • Nancy Binay: Opposition won’t support unlawful means to oust Aquino
  • Destabilization plot went pfft, says Trillanes
  • Sports

  • NU targets solo UAAP lead vs Adamson
  • NCAA: Lyceum Pirates shoot for 4th straight win
  • Army Lady Troopers gain lead of Shakey’s V-League
  • Filipino tracksters aim to end Asiad medal drought–Juico
  • PH loses Barbosa, Barcenilla returns
  • Lifestyle

  • Elegant Louvre Garden in Paris infested with rats
  • Nancy Binay tells critics: I’m promoting local fabrics
  • Seeing Xian Lim through the eyes of a mother
  • Creative neighbors reinvent Pasay compound
  • Don’t do your children’s homework for them
  • Entertainment

  • Women dragged in alleged Paolo Bediones sex video break their silence
  • Marital row caught on cam
  • Lyca can go to school now
  • La vida Eugenia in Madrid
  • ‘Transition’ series off to a good start
  • Business

  • RCBC plans P4.5-B stock rights offer
  • Robinsons opens 198-room Go Hotel in Ortigas
  • Concepcion Industrial’s 1H profit up 45%
  • US stocks finish lower as US, EU sanction Russia
  • 400MW supply shortage seen in 2015
  • Technology

  • Japanese gov’t, publishers demand online ‘Manga’ pirates
  • Twitter flies on surprisingly strong numbers
  • China investigating Microsoft in monopoly case
  • Samsung postpones launch of Tizen smartphone
  • Customs bureau warns public vs ‘Internet love scams’
  • Opinion

  • Effective
  • ‘Carpe diem,’ Mr. President
  • Color-coded tears and memories
  • Incunabula in the Lopez Museum
  • What a difference a tear makes
  • Global Nation

  • Unicef boosts DSWD program with unconditional cash transfer
  • In the Know: 3 papal visits in span of 25 years
  • No mention of sea row with China good–DFA
  • Mental health issues among California kids go largely untreated
  • Return of the Powell Street Guerrillas
  • Marketplace
    Advertisement