Ponzi Scheme: Bank’s liability
By
Fidel O. Abalos
| February 4, 2013 - 12:00am
A known German psychoanalyst, Erich Fromm (1900-1980), once wrote, that “greed is a bottomless pit which exhausts the person in an endless effort to satisfy the need without ever reaching satisfaction&rdq...
Freeman Cebu Business
EDITORIAL - Con game
January 26, 2013 - 12:00am
After several months on the run, Manuel Amalilio has finally been apprehended and is set to be deported to Manila. Malaysian authorities nabbed the head of Aman Futures Group Phil. Inc. in Kota Kinabalu reportedly...
Opinion
Avoid being a victim of scam (Part 2)
By
Ed F. Limtingco
| January 16, 2013 - 12:00am
According to the Department of Trade & Industry (DTI) material “Don’t Be a Victim of a Scam”, after learning about the entity that is trying to present a business scheme or marketing plan and/or...
Freeman Cebu Business
DTI probes investment “scams’ in Negros Or.
By
Judy Flores Partlow
| December 11, 2012 - 12:00am
The Negros Oriental provincial office of the Department of Trade and Industry is currently investigating at least three to four financial and/or investment schemes in the capital city and other parts of the province...
Freeman Region
Scammers
By
Chris Malazarte
| December 8, 2012 - 12:00am
Reports have it that more than 15,000 people were victimized by the Ponzi scheme.
Freeman Cebu Business
Don’t be a victim of investment scam
By
Ed F. Limtingco
| December 5, 2012 - 12:00am
The web simply defines investment scam as a high-yield investment program (HYIP) - a type of Ponzi scheme, which promises an unsustainably high return.
Freeman Cebu Business
Scums
By
MY FOUR CENTAVOS
| By
Dean Andy Bautista
| November 24, 2012 - 12:00am
The news this week has been teeming with reports of uncovered scams. Most recently, the NBI successfully shut down the “Visioner 2020 International Traders’ Ponzi scheme in Lanao del Sur, which had followed...
Opinion
EDITORIAL - VIP treatment
November 22, 2012 - 12:00am
Another 15 policemen have been relieved on suspicion that they were involved in the pyramid scam that duped thousands of investors in Mindanao.
Opinion
Ponzi schemes feed on stupidity and greed
By
AS I WRECK THIS CHAIR
| By
William M. Esposo
| November 22, 2012 - 12:00am
That Ponzi scheme of Aman Futures Group that hit Pagadian residents and other areas of Mindanao is nothing new. Previous Ponzi schemes have been featured on national primetime television and yet despite all that...
Opinion
Scams and Ponzi Schemes
By
Ed F. Limtingco
| November 21, 2012 - 12:00am
The local, national and international news reports nowadays are monitoring incidents of violence in southern Philippine provinces where a reported 12 billion peso ($290 million) allegedly a “Ponzi scheme” ...
Freeman Cebu Business
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