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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 146553 [Title] => Ogami used Unitrust Developement Bank for cross-border pyramiding workers [Summary] => The group led by Genta Ogami was using the Unitrust Development Bank as a "cross-border pyramid" instrument, according to former bank employees.
The employees, who requested anonymity, said Ogami, owner of G. Cosmos Philippines Inc., is also the owner of G. Universe Co., G. Cosmos Indonesia and G. Cosmos Italy.
Money raised from one office, say in the Philippines, is used to attract investments another office, say in Indonesia, the employees revealed.
"It would thus be logical for Ogami and his group to buy a bank," they added.
[DatePublished] => 2002-01-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ANACHRONISTIC CULT
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 146553 [Title] => Ogami used Unitrust Developement Bank for cross-border pyramiding workers [Summary] => The group led by Genta Ogami was using the Unitrust Development Bank as a "cross-border pyramid" instrument, according to former bank employees.
The employees, who requested anonymity, said Ogami, owner of G. Cosmos Philippines Inc., is also the owner of G. Universe Co., G. Cosmos Indonesia and G. Cosmos Italy.
Money raised from one office, say in the Philippines, is used to attract investments another office, say in Indonesia, the employees revealed.
"It would thus be logical for Ogami and his group to buy a bank," they added.
[DatePublished] => 2002-01-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Ted P. Torres | January 10, 2002 - 12:00am
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