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                    [ArticleID] => 195975
                    [Title] => SEC issues CDO vs 4 firms selling unlisted securities
                    [Summary] => Hot on the heels of illegal investment solicitors, the Securities and Exchange Commission has issued a cease and desist order against four corporations, led by Five Vision Consultancy Inc., for non-registration of securities.


Among the other firms covered by the CDO are Intercontinental Services Inc., Conrad Group and Associates Inc. and Servlink Cargo Inc.


                    [DatePublished] => 2003-02-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 168005
                    [Title] => SEC looks into reports of Five Vision resuming business
                    [Summary] => The Securities and Exchange Commission (SEC) has begun looking into reports that Five Vision Consultancy has resumed its money placement business which  the commission earlier tagged as a boiler room operation.


Five Vision has reportedly transferred its operations at the City State Center in Oranbo, Pasig City, but now goes under a new corporate identity as Glasgow Credit, according to SEC. Glasgow was incorporated last May 2, 2002.


                    [DatePublished] => 2002-07-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [2] => Array
                (
                    [ArticleID] => 167410
                    [Title] => SEC asked to probe investment solicitation scheme of certain firms
                    [Summary] => The Securities and Exchange Commission (SEC) has been asked to look into the investment solicitation scheme of Glasgow Credit and ICS Export Inc. which reportedly offers an interest rate of 10 percent a month on money placements.


The appeal was made by several investors, led by a certain Dr. Reggie Lim who told radio station DZBB that he invested P2 million on the promise of a return of 10 percent a month but which he said he is now in danger of losing.


                    [DatePublished] => 2002-07-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [ArticleID] => 157972
                    [Title] => Five Vision Consultancy to close shop in midst of SEC investigation
                    [Summary] => Suspected "boiler room" firm Five Vision Consultancy Inc. has decided to voluntarily close shop in the midst of a deeper investigation into its operations by the Securities and Exchange Commission (SEC).


Tomas Syquia, director of the SEC’s Compliance and Enforcement Department, said the company’s officials has written the corporate watchdog of their decisions to voluntarily dissolve the firm in a move to "avoid future legal entanglement."


                    [DatePublished] => 2002-04-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 154961
                    [Title] => SEC mulls charges vs Five Vision
                    [Summary] => The Securities and Exchange Commission (SEC) is considering charges against Five Vision Consultancy this coming week for engaging in investment solicitation activities.


SEC Compliance and Enforcement Department officer-in-charge lawyer Elmira Alconaba bared this after company officials failed to appear before the commission to shed light on its activities.


SEC Chairman Lilia R. Bautista earlier formed an investigating team when reports filtered out that Five Vision was soliciting investments for a monthly return of 10 percent.


                    [DatePublished] => 2002-03-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 154173
                    [Title] => SEC probes Five Vision Consultancy
                    [Summary] => The Securities and Exchange Commission (SEC) is investigating the activities of Five Vision Consultancy Inc. to determine if the company is involved in alleged "boiler room" operations.


Acting on a letter-complaint from one of the company’s so-called participants, the SEC team composed of an examiner and an investigator was sent to the offices of Five Vision in Metro Manila and served an inspection order on the firm.


                    [DatePublished] => 2002-03-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 152387
                    [Title] => SEC warns public against dubious investment firms
                    [Summary] => The Securities and Exchange Commission (SEC) warned the public yesterday against dubious companies soliciting investments, saying that investors should first ensure that these operators have the proper registrations.


SEC Chairman Lilia R. Bautista said the SEC could easily pursue cases against such operators under the provisions of the Securities Regulation Act as well as the country’s anti-fraud laws.


                    [DatePublished] => 2002-03-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

FIVE VISION

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                    [ArticleID] => 195975
                    [Title] => SEC issues CDO vs 4 firms selling unlisted securities
                    [Summary] => Hot on the heels of illegal investment solicitors, the Securities and Exchange Commission has issued a cease and desist order against four corporations, led by Five Vision Consultancy Inc., for non-registration of securities.


Among the other firms covered by the CDO are Intercontinental Services Inc., Conrad Group and Associates Inc. and Servlink Cargo Inc.


                    [DatePublished] => 2003-02-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [URL] => 
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                (
                    [ArticleID] => 168005
                    [Title] => SEC looks into reports of Five Vision resuming business
                    [Summary] => The Securities and Exchange Commission (SEC) has begun looking into reports that Five Vision Consultancy has resumed its money placement business which  the commission earlier tagged as a boiler room operation.


Five Vision has reportedly transferred its operations at the City State Center in Oranbo, Pasig City, but now goes under a new corporate identity as Glasgow Credit, according to SEC. Glasgow was incorporated last May 2, 2002.


                    [DatePublished] => 2002-07-12 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 167410
                    [Title] => SEC asked to probe investment solicitation scheme of certain firms
                    [Summary] => The Securities and Exchange Commission (SEC) has been asked to look into the investment solicitation scheme of Glasgow Credit and ICS Export Inc. which reportedly offers an interest rate of 10 percent a month on money placements.


The appeal was made by several investors, led by a certain Dr. Reggie Lim who told radio station DZBB that he invested P2 million on the promise of a return of 10 percent a month but which he said he is now in danger of losing.


                    [DatePublished] => 2002-07-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                (
                    [ArticleID] => 157972
                    [Title] => Five Vision Consultancy to close shop in midst of SEC investigation
                    [Summary] => Suspected "boiler room" firm Five Vision Consultancy Inc. has decided to voluntarily close shop in the midst of a deeper investigation into its operations by the Securities and Exchange Commission (SEC).


Tomas Syquia, director of the SEC’s Compliance and Enforcement Department, said the company’s officials has written the corporate watchdog of their decisions to voluntarily dissolve the firm in a move to "avoid future legal entanglement."


                    [DatePublished] => 2002-04-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 154961
                    [Title] => SEC mulls charges vs Five Vision
                    [Summary] => The Securities and Exchange Commission (SEC) is considering charges against Five Vision Consultancy this coming week for engaging in investment solicitation activities.


SEC Compliance and Enforcement Department officer-in-charge lawyer Elmira Alconaba bared this after company officials failed to appear before the commission to shed light on its activities.


SEC Chairman Lilia R. Bautista earlier formed an investigating team when reports filtered out that Five Vision was soliciting investments for a monthly return of 10 percent.


                    [DatePublished] => 2002-03-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 154173
                    [Title] => SEC probes Five Vision Consultancy
                    [Summary] => The Securities and Exchange Commission (SEC) is investigating the activities of Five Vision Consultancy Inc. to determine if the company is involved in alleged "boiler room" operations.


Acting on a letter-complaint from one of the company’s so-called participants, the SEC team composed of an examiner and an investigator was sent to the offices of Five Vision in Metro Manila and served an inspection order on the firm.


                    [DatePublished] => 2002-03-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 152387
                    [Title] => SEC warns public against dubious investment firms
                    [Summary] => The Securities and Exchange Commission (SEC) warned the public yesterday against dubious companies soliciting investments, saying that investors should first ensure that these operators have the proper registrations.


SEC Chairman Lilia R. Bautista said the SEC could easily pursue cases against such operators under the provisions of the Securities Regulation Act as well as the country’s anti-fraud laws.


                    [DatePublished] => 2002-03-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest