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                    [Title] => Major pyramid scam losses may reach P120-B – NBI
                    [Summary] => The amount of money lost to several major pyramid scams could amount to as much as P120 billion, the National Bureau of Investigation (NBI) said yesterday.


"We’re looking at about P100 to P120 billion in terms of the money they fleeced from their victims," NBI director Reynaldo Wycoco said, pointing out that the top three pyramid scam firms, among themselves, had gypped their victims of some P48 billion.


                    [DatePublished] => 2003-03-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804767
                    [AuthorName] => Cecille Suerte Felipe
                    [SectionName] => Headlines
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BALADJAY AND MARIA TERESA SANTOS

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                    [Title] => Major pyramid scam losses may reach P120-B – NBI
                    [Summary] => The amount of money lost to several major pyramid scams could amount to as much as P120 billion, the National Bureau of Investigation (NBI) said yesterday.


"We’re looking at about P100 to P120 billion in terms of the money they fleeced from their victims," NBI director Reynaldo Wycoco said, pointing out that the top three pyramid scam firms, among themselves, had gypped their victims of some P48 billion.


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abtest

Major pyramid scam losses may reach P120-B – NBI

By Cecille Suerte Felipe | March 15, 2003 - 12:00am

The amount of money lost to several major pyramid scams could amount to as much as P120 billion, the National Bureau of Investigation (NBI) said yesterday. "We’re looking at about P100 to P120 billion...

Headlines