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

  • LPA outside of PAR may become cyclone, Pagasa says
  • CA confirms Catapang appointment
  • Regina Maxey Misa, 91
  • MRT train continues run with one of its doors open
  • MMDA employee survives ambush in Cavite
  • Sports

  • Playing to win
  • Do-or-die for Gilas PH vs Balkman, Puerto Rico
  • Chot Reyes rues ‘nice game’ that got away again
  • Tamaraws target first Final 4 slot vs Falcons
  • ‘Most exciting Pinoy Pride’
  • Lifestyle

  • The elegance of mountain resort living
  • How Stephanie and Jessica Kienle are creating the unexpected
  • Property developer plans ‘ultra high-end’ condos
  • Exploreum is the latest kids’ city destination
  • Modern Nordic
  • Entertainment

  • Should naked photo hacking be considered a sex crime?
  • Fans mourn loss of K-pop idol
  • John Legend live in Manila Sept. 26
  • Jimi Jamison, lead singer of Survivor, dead at 63
  • K-pop group member killed in road accident
  • Business

  • Palace: Improved WEF ranking means PH more open for business
  • Esquire Financing Inc. launches ‘Fueling the Dream: Business Model Competition’
  • PH jumps 7 notches in WEF rankings
  • Bangko Sentral expected to raise borrowing rate
  • PSEi retests 7,100 mark
  • Technology

  • Transform the way you do business
  • Apple: Some nude shots taken from stars’ accounts
  • PR 2.0 in the time of social media
  • How to protect your data in the cloud
  • Inquirer.net reclaims top news site ranking
  • Opinion

  • A cure for Ebola?
  • DOTC at fault for MRT-3 breakdowns
  • The other three-fourths
  • Cultural heritage in rice
  • Seasons
  • Global Nation

  • Why Aquino should seek a second term, according to a US exec
  • PH, Japanese lawmakers sign document promoting rule of law at sea
  • PH peacekeepers’ chief quits post
  • Journalist is China’s ‘most dangerous woman’
  • UC Berkeley study backs San Francisco minimum wage hike
  • Marketplace
    Advertisement