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                    [ArticleID] => 271901
                    [Title] => SEC warns public vs dealing with Phil-Asia Care
                    [Summary] => The Securities and Exchange Commission (SEC)  has warned thepublic anew against dealing with Phil-Asia Care Plans Inc., a pre-need firm that ceased operations due to illegal sale of securities, following reports that the company continues to solicit investments despite the permanent cease-and-desist order (CDO) issued by the SEC.


The SEC has received complaints from several investors located in the provinces that they had been duped into buying non-existent pre-need plans.  The agency’s compliance and enforcement department is now looking into the case.


                    [DatePublished] => 2005-03-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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CONSOLIDATED CARE PLANS

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                    [ArticleID] => 271901
                    [Title] => SEC warns public vs dealing with Phil-Asia Care
                    [Summary] => The Securities and Exchange Commission (SEC)  has warned thepublic anew against dealing with Phil-Asia Care Plans Inc., a pre-need firm that ceased operations due to illegal sale of securities, following reports that the company continues to solicit investments despite the permanent cease-and-desist order (CDO) issued by the SEC.


The SEC has received complaints from several investors located in the provinces that they had been duped into buying non-existent pre-need plans.  The agency’s compliance and enforcement department is now looking into the case.


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                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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abtest

SEC warns public vs dealing with Phil-Asia Care

By Zinnia B. Dela Peña | March 29, 2005 - 12:00am

The Securities and Exchange Commission (SEC) has warned thepublic anew against dealing with Phil-Asia Care Plans Inc., a pre-need firm that ceased operations due to illegal sale of securities, following reports...

Business