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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 199514 [Title] => NBI seeks death penalty for pyramid scammers [Summary] => The National Bureau of Investigation (NBI) wants the death penalty imposed on those involved in pyramid scams, considering the number of people who have been victimized by the scheme.
"Considering that some victims have committed suicide, perhaps we could seek the death penalty for people with major involvement in these shady and get-rich-quick deals," said NBI Director Reynaldo Wycoco.
He said that while the plunder law metes the death penalty for P50 million, the "pyramid scam is worth billions, so logically they should be meted the death penalty." [DatePublished] => 2003-03-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1165072 [AuthorName] => Bebot Sison Jr. [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
SECURITIES AND EXCHANGE REGULATIONS CODE
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 199514 [Title] => NBI seeks death penalty for pyramid scammers [Summary] => The National Bureau of Investigation (NBI) wants the death penalty imposed on those involved in pyramid scams, considering the number of people who have been victimized by the scheme.
"Considering that some victims have committed suicide, perhaps we could seek the death penalty for people with major involvement in these shady and get-rich-quick deals," said NBI Director Reynaldo Wycoco.
He said that while the plunder law metes the death penalty for P50 million, the "pyramid scam is worth billions, so logically they should be meted the death penalty." [DatePublished] => 2003-03-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1165072 [AuthorName] => Bebot Sison Jr. [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
abtest
By Bebot Sison Jr. | March 19, 2003 - 12:00am
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