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Another one of those 419 or Nigerian scams

July 31, 2008

Most of us are probably already aware of the so-called Nigerian or 419 scams but I’m sure there are still a few who would believe the outrageous propositions and eventually become a victim.

For the uninitiated, a Nigerian scam is a scam trick in which the target is persuaded to advance a sum of money in exchange for a supposedly larger gain. That is why this modus operandi is also called advance fee fraud.

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Google Adsense team makes mistakes too

July 30, 2008

What do you do if you received an email from Google Adsense telling you that your site violated Adsense policies and that your account may be disabled in the future?

That’s exactly the email I got from them last week so you can imagine my panic at the thought of losing an income source.

Adsense’s email states:

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Pag-IBIG Housing Bonds: Tax-free, guaranteed 5% return

July 28, 2008

Were you able to invest in the Philippine Retail Treasury Bond (RTB) offering last week?

The RTB issuance has been cut short because the government has already raised enough funds. If you were able to invest, good for you. You are now guaranteed a 6.80% net return (if you invested in the 3-year bond) of 7.20% (if you invested in the 5-year bond).

If you were not able to join the offering, don’t fret. There’s another guaranteed, government-backed security although it pays less than the RTB’s.

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Security Warning email from Google

July 27, 2008

Yesterday I received a “Security Warning” email supposedly from Google and I must say that if I didn’t know better, I would have been the next victim of this phishing scam.

Here’s a copy of the email.

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Retail Treasury Bonds: Guaranteed 9% and 8.5% interest

July 22, 2008

I was visiting various banks yesterday scouting for a good housing loan package (this story I’ll tell you soon), when I chanced upon an announcement at the Development Bank of the Philippines (DBP) in Buendia, Makati about the government offering of Retail Treasury Bonds.

First, what is a Retail Treasury Bond?

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Makati condo for sale (Oriental Garden near Ayala Avenue)

July 21, 2008

For sale: Oriental Garden Makati – Lotus Tower (Studio Unit at the 26th Floor)

—– UPDATE September 15, 2008: This unit has already been sold. —–

Location: Buendia cor. Chino Roces beside Export Bank Building (a block away from Ayala Avenue, Makati City)
Floor Area: 33 sq. meters, 26th Floor
Parking: None
Price: Php 2.7M RUSH SALE! Just P2.5 million (US$56,000) (Cash, Bank financing, Flexible terms negotiable)

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Condo for rent: The Fort (Bonifacio Global City Taguig)

July 21, 2008

Ready for occupancy Condo at The Fort Global City, Taguig

For rent: Fifth Avenue Place (1-Bedroom Condo Unit)
Available right now (August 2009)!

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Google stock price at $4,488?

July 19, 2008

Did the Google (Stock Code: GOOG) stock really trade yesterday at $4,488.24?

Philippine major daily GMANews.tv reported last night (see screenshot of online article below) that the stock price of the number one search engine in the world reached $4,488.24 — a big increase considering that Google’s price recently hovers within the $500 range only.

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Discourteous bank managers and staff of BDO

July 18, 2008

In this day and age, can you really judge a person’s financial capability based merely on appearance?

Some staff of Banco de Oro (BDO), one of the country’s leading banks, seem to think they can.

Several PMT members narrated in the forum’s Discriminating BDO bank manager thread how they were treated differently or, worse, badly just because they visited a BDO branch with an “unprofessional” attire or look.

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‘N Sync creator ordered to repay scam victims $300 million

July 17, 2008

It looks like the victims of scammer and boy band creator Lou Pearlman won’t have to sing Bye, Bye, Bye to their money.

This week, a US court ordered Lou Pearlman, creator of the popular boy bands ‘N Sync and Backstreet Boys, to repay as much as $300 million to the more than 1,000 people he swindled in his Ponzi scam and fraudulent investment programs.

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