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                    [ArticleID] => 226535
                    [Title] => Glasgow bid for 7-year payment of SEC fine rejected
                    [Summary] => The Securities and Exchange Commission is not inclined to accept the proposal of  pseudo-investment firm Glasgow Credit and Collection Services Inc. to pay the assessed penalty of P10 million over a seven-year  period.


An SEC official, who requested not to be named, said the commission is not likely to approve Glasgow’s proposed mode of payment. "The commission wants a shorter period.  It should only be for one year," the same official said.


                    [DatePublished] => 2003-11-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 193453
                    [Title] => Filing of criminal raps vs Glasgow owners pushed
                    [Summary] => The Pasig Prosecutors Office has recommended the criminal prosecution of the owners and directors of Glasgow Credit and Collection Services Inc. for having allegedly committed large-scale estafa.


The order was signed by Pasig Prosecutor Fernando H. Dumpit.


In the order, Dumpit said: "Based on the evidence adduced, there exists a sufficient ground to engender a well-founded belief that crime of large-scale estafa in violation of Article 315 of the Revised Penal Code, has been committed and respondents are probably guilty thereof and should be held for trial."

                    [DatePublished] => 2003-01-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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MANUEL ROLDAN JR

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                    [ArticleID] => 226535
                    [Title] => Glasgow bid for 7-year payment of SEC fine rejected
                    [Summary] => The Securities and Exchange Commission is not inclined to accept the proposal of  pseudo-investment firm Glasgow Credit and Collection Services Inc. to pay the assessed penalty of P10 million over a seven-year  period.


An SEC official, who requested not to be named, said the commission is not likely to approve Glasgow’s proposed mode of payment. "The commission wants a shorter period.  It should only be for one year," the same official said.


                    [DatePublished] => 2003-11-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 193453
                    [Title] => Filing of criminal raps vs Glasgow owners pushed
                    [Summary] => The Pasig Prosecutors Office has recommended the criminal prosecution of the owners and directors of Glasgow Credit and Collection Services Inc. for having allegedly committed large-scale estafa.


The order was signed by Pasig Prosecutor Fernando H. Dumpit.


In the order, Dumpit said: "Based on the evidence adduced, there exists a sufficient ground to engender a well-founded belief that crime of large-scale estafa in violation of Article 315 of the Revised Penal Code, has been committed and respondents are probably guilty thereof and should be held for trial."

                    [DatePublished] => 2003-01-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Glasgow bid for 7-year payment of SEC fine rejected

November 3, 2003 - 12:00am

The Securities and Exchange Commission is not inclined to accept the proposal of pseudo-investment firm Glasgow Credit and Collection Services Inc. to pay the assessed penalty of P10 million over a seven-year period. An...

Business

Filing of criminal raps vs Glasgow owners pushed

By Zinnia B. Dela Peña | January 30, 2003 - 12:00am

The Pasig Prosecutors Office has recommended the criminal prosecution of the owners and directors of Glasgow Credit and Collection Services Inc. for having allegedly committed large-scale estafa. The order was signed...

Business