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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
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GLASGLOW CREDIT

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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
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                    [SectionName] => Business
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                    [URL] => 
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abtest

SEC asked to probe investment solicitation scheme of certain firms

July 7, 2002 - 12:00am

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...

Business