Forum
About Us
Contact Us
RSS FeedsAds Zens, Visioner 2020, Reyality Investment: Ponzi scams?
December 6, 2012
With most Filipino victims in the Visayas and Mindanao still reeling from the impact of the large-scale Aman Futures Group investment scam, the Securities and Exchange Commission (SEC) recently stepped up and forewarned the public against investing in three companies which appear to have makings of a possible Ponzi scheme.
Last month, the SEC issued a notice to the public that Ads Zens Broker Corp., Visioner2020 International Traders Inc., and Reyality Investment Corp. appear to be “high-yield, high-risk investment which may turn out as a fraudulent scheme.”
Lessons from the Aman Future Group scam
November 20, 2012
Aman Futures Group. For the 15,000-or-so Filipinos who are just beginning to accept the fact that they have lost their hard-earned money, these three words are now synonymous with “nightmare.” Indeed, their current plight is a frightening one they wish they have never gotten themselves into. But what can they do now?
Power Balance, Scalar Energy, Quantum Pendants — SCAM?
January 5, 2011
You have probably witnessed a demo of how a seemingly innocent bracelet or pendant have made someone stronger. Perhaps you yourself have participated in that Endurance and Flexibility Body Test.
Astonished by what you saw, you wonder: do these Power Balance wrist bands, EFX bracelets, and Scalar Quantum Energy Pendants really produce that effect?
We found several reasons below to convince us that they DO NOT. Read on.
Beware of thieves at McDonald’s, KFC, 7-Eleven, etc.
April 27, 2010
We recently received a forwarded email showing videos of thieves caught on camera stealing at a McDonald’s restaurant, a 7-Eleven store and a condominium unit.
We share these videos here to warn you to be more alert so that you won’t be a victim to these scumbags.
United Nations (UN) jobs scam
February 4, 2010
Just this week, one of our colleagues almost fell victim to another one of those scam job offers. This time, though, the job position is not a nanny but a high-paying and lucrative post at the United Nations in New York.
The job ad was forwarded to him by a friend who saw the advertisement online. He replied to the ad and filled up an “interview form.” A few days later, he got the following email informing him that he got the job and that he is being offered a salary of more than $10,000 a month.
The email goes:
Another Western Union scam
January 26, 2010
A few minutes ago, I received a weird email from a friend. It was his valid email address but the content sounded fishy. It went like this:
Western Union scam email
Greetings,
How are you doing today? I need you to help me out of this devastating situation that I got my self into, I had to come down to United Kingdom and unfortunately for me I was attacked by robbers in the Hotel where I am lodge.The robbers made away with my entire luggage’s, including my credit cards and air return tickets, they also disconnected the Hotel’s telephone cables, so we cant get access to the Interpol and also and compromised its database too, which means that no credit card payments nor online payments can be made at the moment.
How to report text scams
January 14, 2010
It’s annoying to wake up to an SMS message you don’t expect, and even worst when that text is a spam/scam message. Earlier, the following obvious scam message unfortunately woke me up.
E2 bago roaming # k. Mzta n kau jan? Ok lang ako d2 my pa2 dor 2 dor akong mga gamit jan. Mern k dun. Loadan m muna ako 500 n prepaid kard im4rtante lng tnx.
PIPC update: US law firm to undertake investigation
January 11, 2010
Here’s an update on the Performance Investments Products Corporation (PIPC) scam.
For those who have never heard of this case, PIPC was a foreign exchange trading investment firm which became one of the largest financial scams in the Philippines victimizing a number of high-networth individuals. The company grabbed headlines back in July 2007 after its Singaporean owner Michael Liew fled the Philippines and disappeared, allegedly taking with him more than $250 worth of investors’ money.
Bernard Madoff guilty, gets 150-year prison term
June 30, 2009
Just less than an hour ago, a US federal judge gave the 71-year-old former NASDAQ chair Bernard Madoff the maximum sentence of 150 years in prison for an “extraordinary evil” fraud that demolished the life savings of individuals and investments of charities and pension funds.
In the court decision, District Judge Denny Chin described the unprecedented nature of the multibillion-dollar fraud as “extraordinarily evil and that this kind of irresponsible manipulation of the system is not merely a bloodless financial crime that takes place just on paper, but it is instead … one that takes a staggering human toll.”
How to find and go after scammers
June 30, 2009
You entrusted your money to a person you believed was trustworthy but, in the end, you were deceived and now that person is gone.
You have been scammed.
If you know where they are, you can report scammers to the authorities in the Philippines.
But if they cannot anymore be found, you can resort to creative means of finding them. Just like having a paid advertisement on newspapers.
