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                    [ArticleID] => 146462
                    [Title] => BSP, SEC blamed for ‘pyramid scam’
                    [Summary] => An opposition leader in the House blamed the Bangko Sentral ng Pilipinas and the Securities and Exchange Commission yesterday for failing to stop a Japanese national from allegedly gypping thousands of Filipinos of their hard-earned money.


Senior Deputy Minority Leader Constantino Jaraula (LDP, Cagayan de Oro City) said the BSP and the SEC have the power to check and stop the "pyramidal scam" perpetrated by a certain Genta Ogami and his G. Cosmos firm.


But they failed to do so, allowing Ogami to victimize thousands of "gullible" Filipinos, he said.

                    [DatePublished] => 2002-01-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097047
                    [AuthorName] =>  Jess Diaz
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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FILIPINOS WINEFREDO CAPILITAN

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                    [ArticleID] => 146462
                    [Title] => BSP, SEC blamed for ‘pyramid scam’
                    [Summary] => An opposition leader in the House blamed the Bangko Sentral ng Pilipinas and the Securities and Exchange Commission yesterday for failing to stop a Japanese national from allegedly gypping thousands of Filipinos of their hard-earned money.


Senior Deputy Minority Leader Constantino Jaraula (LDP, Cagayan de Oro City) said the BSP and the SEC have the power to check and stop the "pyramidal scam" perpetrated by a certain Genta Ogami and his G. Cosmos firm.


But they failed to do so, allowing Ogami to victimize thousands of "gullible" Filipinos, he said.

                    [DatePublished] => 2002-01-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097047
                    [AuthorName] =>  Jess Diaz
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

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BSP, SEC blamed for ‘pyramid scam’

By Jess Diaz | January 9, 2002 - 12:00am

An opposition leader in the House blamed the Bangko Sentral ng Pilipinas and the Securities and Exchange Commission yesterday for failing to stop a Japanese national from allegedly gypping thousands of Filipinos...

Business