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

  • Aquino to fly to E. Samar to launch cash-for-work program of ‘Ruby’ victims
  • COA spots irregularities in use of P2.7-billion pork barrel funds by LGUs
  • CA junks Obando residents’ plea to stop landfill project
  • After 6 deferments, decision on Chuang kidnap-slay case set on Monday
  • Bomb blast kills 3, hurts 5 in northeastern India
  • Sports

  • Mavericks clobber depleted Spurs
  • Muhammad Ali hospitalized with pneumonia
  • Painters even series with Aces
  • No more basketball for Chot Reyes
  • Demchenko holds off Laylo, snares Int’l Challenge title
  • Lifestyle

  • Bill to make adultery gender-equal
  • Iconic watch brand puts the maze in amazement
  • Meeting Pampanga’s queen of heirloom recipes and making the trek to Mt. Pinatubo
  • She’s stuck with burdensome relatives
  • Holiday treat: 2-night concerts at the Philippine Sports Stadium, all for P500
  • Entertainment

  • Furious at leaks, Madonna releases songs early
  • Young stars cook up fake romance
  • Stars on Christmas, Part 2
  • Metro Manila Film Festival guide: My Big Bossing
  • ‘Singin’ in the Rain’ next on his list for PH
  • Business

  • Fuel prices take another tumble
  • Christmas: A time for selling, extra hiring
  • In aftermath of typhoon Glenda, Gabriela is born
  • Dining choices sprout in CBD
  • On 20th year, TGIFriday’s moves on, looks back
  • Technology

  • Wit wins it in Inquirer tilt
  • 5 ways to make your email safer in case of a hack attack 
  • North Korea denies connection with Sony hacking
  • Kim Jong Un game spoof ‘Glorious Leader!’ moving forward
  • Earn more entries to Inquirer’s promo and win a condo
  • Opinion

  • Editorial cartoon, December 21, 2014
  • MRT woes
  • Revilla’s battle for bail
  • Christmas in my heart
  • Defrosting US-Cuba relations
  • Global Nation

  • Fil-Am from Cavite is California Teacher of the Year
  • Tired of waiting for pardon, ‘Abadilla 5’ take case to UN
  • US illegals gather documents to remain in country
  • US Embassy to close for 6 days
  • Morbid fictional story among oldest ‘balikbayan’ box jokes
  • Marketplace
    Advertisement