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

  • Tens of thousands travel by sea this Holy Week
  • Police: Dad smothered toddler to play video game
  • 7 killed in shooting in China-Vietnam border
  • Chinese trade group to mediate shoe factory strike
  • Malaysia, Australia in deal on black box custody–report
  • Sports

  • Pacquiao shorts in Bradley fight sold for P1.7M in LA auction
  • Ryu pitches Dodgers past Giants
  • Alonso sets the pace in Chinese GP practice
  • Heat seek Three-peat but Spurs, Pacers top seeds
  • Can Spurs get back at Heat? Can they survive West?
  • Lifestyle

  • Levine designs womenswear with help from fiancee
  • Gabriel Garcia Marquez, Nobel laureate, dies at 87
  • Ford Mustang turns 50 atop Empire State Building
  • Pro visual artists, lensmen to judge Pagcor’s photo contest
  • ‘Labahita a la bacalao’
  • Entertainment

  • EXO postpones release of mini album ‘Overdose’
  • ‘X-men’ filmmaker slams ‘fabricated’ sex attack claims
  • Singer Chris Brown’s bodyguard on trial in DC
  • Whoopi Goldberg debuts as marijuana columnist
  • ‘X-men’ director accused of sex assault on teen boy
  • Business

  • Italy sells luxury state cars on eBay
  • Asian shares mostly up in quiet trade
  • Dollar up in Asia on US jobs data, Ukraine deal
  • Barbie doll has a problem
  • Oil prices mixed ahead of long Easter weekend
  • Technology

  • Netizens pay respects to Gabriel Garcia Marquez
  • Nokia recalls 30,000 chargers for Lumia 2520 tablet
  • Facebook rolls out ‘nearby friends’ feature
  • Netizens seethe over Aquino’s ‘sacrifice’ message
  • Filipinos #PrayForSouthKorea
  • Opinion

  • Editorial cartoon, April 17, 2014
  • A humbler Church
  • Deepest darkness
  • ‘Agnihotra’ for Earth’s health
  • It’s the Holy Week, time to think of others
  • Global Nation

  • DoH denies Filipino nurse no longer positive for MERS virus
  • WHO warns vs spread of MERS-Cov, urges vigilance in taking precautions
  • Last call for nominations to ’14 Presidential Awards
  • San Francisco business coalition slams proposed tax on sugary drinks
  • A ‘time-travel’ production of ‘Les Miserable’ at Stanford
  • Marketplace
    Advertisement