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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 262328 [Title] => CA trims SEC-imposed fine on G Cosmos of Genta Ogami [Summary] => The Court of Appeals (CA) has reduced the fine imposed by the Securities and Exchange Commission (SEC) on G. Cosmos Philippines Inc. to only P1 million.
G. Cosmos, an advertising firm owned by controversial Japanese national Genta Ogami, was originally slapped with a P57.18 million by the SEC for selling unregistered securities in violation of the Securities Regulation Code.
[DatePublished] => 2004-08-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => 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] => ) [2] => Array ( [ArticleID] => 129271 [Title] => Japan-based ad firm contests SEC order [Summary] => G. Cosmos Philippines Inc. is contesting the cease-and-desist order (CDO) issued against it by the Securities and Exchange Commission (SEC) last July 26, arguing that the business it offers to interested parties "do not fall within the definition and ambit of an investment contract."
The SEC has ordered G. Cosmos, a Japan-based advertising-related firm, to stop its operations for the illegal sale of contracts in its mail order business.
[DatePublished] => 2001-08-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 128411 [Title] => SEC busts Japan-based ad firm for illegal sale of contracts [Summary] => The Securities and Exchange Commission (SEC) has stopped the operations of G. Cosmos Philippines Inc., a Japan-based advertising-related firm, for the illegal sale of contracts in its mail order business.
The commission en banc, acting on the recommendation of the Compliance and Enforcement Department, issued the cease-and-desist order (CDO) against G. Cosmos as an investigation based on complaints from investors showed the firm violated a provision of the Securities Regulation Code involving the unregistered sale of investment contracts.
[DatePublished] => 2001-07-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
COSMOS PHILIPPINES INC
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 262328 [Title] => CA trims SEC-imposed fine on G Cosmos of Genta Ogami [Summary] => The Court of Appeals (CA) has reduced the fine imposed by the Securities and Exchange Commission (SEC) on G. Cosmos Philippines Inc. to only P1 million.
G. Cosmos, an advertising firm owned by controversial Japanese national Genta Ogami, was originally slapped with a P57.18 million by the SEC for selling unregistered securities in violation of the Securities Regulation Code.
[DatePublished] => 2004-08-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => 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] => ) [2] => Array ( [ArticleID] => 129271 [Title] => Japan-based ad firm contests SEC order [Summary] => G. Cosmos Philippines Inc. is contesting the cease-and-desist order (CDO) issued against it by the Securities and Exchange Commission (SEC) last July 26, arguing that the business it offers to interested parties "do not fall within the definition and ambit of an investment contract."
The SEC has ordered G. Cosmos, a Japan-based advertising-related firm, to stop its operations for the illegal sale of contracts in its mail order business.
[DatePublished] => 2001-08-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 128411 [Title] => SEC busts Japan-based ad firm for illegal sale of contracts [Summary] => The Securities and Exchange Commission (SEC) has stopped the operations of G. Cosmos Philippines Inc., a Japan-based advertising-related firm, for the illegal sale of contracts in its mail order business.
The commission en banc, acting on the recommendation of the Compliance and Enforcement Department, issued the cease-and-desist order (CDO) against G. Cosmos as an investigation based on complaints from investors showed the firm violated a provision of the Securities Regulation Code involving the unregistered sale of investment contracts.
[DatePublished] => 2001-07-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | August 23, 2004 - 12:00am
By Ted P. Torres | January 10, 2002 - 12:00am
By Christina Mendez | August 8, 2001 - 12:00am
By Christina Mendez | July 30, 2001 - 12:00am
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