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[Title] => Glasgow creditors face long wait to get their money back
[Summary] => Unless Glasgow Credit and Collection Services Inc. draws funds from its unspecified business investments, the thousands of creditors it has lured to its get-rich-quick scheme may need a lot of patience or prayers before getting back their money as the company had promised.
[DatePublished] => 2002-07-28 00:00:00
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[AuthorName] => Christina Mendez
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[Title] => SEC gives Glasgow officials chance to air side
[Summary] => The Securities and Exchange Commission (SEC) will give officials of Glasgow Credit and Collection Services Inc. a chance to air their side on July 24, and clear the issues behind allegations the company is involved in an investment scam.
The SEC issued a cease-and-desist order (CDO) against Glasgow last Friday on complaints it has been selling investment contracts without license and luring clients on "get-rich-quick" schemes by reportedly giving a huge 15 percent monthly interest on six-month money placements of between P10,000 to P50,000.
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SAVINGS BANK AND INTERNATIONAL EXPORT BANK
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[ArticleID] => 169864
[Title] => Glasgow creditors face long wait to get their money back
[Summary] => Unless Glasgow Credit and Collection Services Inc. draws funds from its unspecified business investments, the thousands of creditors it has lured to its get-rich-quick scheme may need a lot of patience or prayers before getting back their money as the company had promised.
[DatePublished] => 2002-07-28 00:00:00
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[AuthorName] => Christina Mendez
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[Title] => SEC gives Glasgow officials chance to air side
[Summary] => The Securities and Exchange Commission (SEC) will give officials of Glasgow Credit and Collection Services Inc. a chance to air their side on July 24, and clear the issues behind allegations the company is involved in an investment scam.
The SEC issued a cease-and-desist order (CDO) against Glasgow last Friday on complaints it has been selling investment contracts without license and luring clients on "get-rich-quick" schemes by reportedly giving a huge 15 percent monthly interest on six-month money placements of between P10,000 to P50,000.
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abtest
By Christina Mendez | July 28, 2002 - 12:00am
July 20, 2002 - 12:00am
Recommended
Malacañang yesterday dared Davao City Rep. Paolo Duterte to show documents proving that the flood mitigation structures in his jurisdiction are real. The Palace issued the challenge after Duterte disputed a statement of the Office of the Ombudsman that Davao City is the “epicenter” of anomalous flood control projects.
21 hours ago
President Marcos is open to imposing stiffer punishment for possession of loose firearms, but has to study the final version of the bill to be passed by Congress,?Malacañang said yesterday. ?
1 day ago
The government has yet to decide on the request to extradite accused sex offender Apollo Quiboloy as the Department of Justice is still examining documents transmitted by the US government, Malacañang said yesterday.
2 days ago
The Sandiganbayan Sixth Division has denied the petition of Uswag Ilonggo party-list Rep. James “Jojo” Ang to dismiss one of his graft cases for conflict of interest over allegedly being a “congtractor” in infrastructure projects.
2 days ago
Malacañang wants to know if there were abuses committed before a confrontation occurred between members of the police Highway Patrol Group and the Bureau of Customs in Bulacan.
2 days ago
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