Comments on: Swindling and fraud issues hound Legacy Group and Rural Bank of Paranaque

By: viking

viking — Tue, 20 Jan 2009 07:42:25 +0000

our experience with closed bank like urban bank, bankwise…. eventhough its timedeposittransaction…. nakuha namin upto 100t…. yung sobra naibalik din….swerte dahil inaquire ng veterans and importexport. ewan ko lang dito sa bofpque…… sana bayarin ng pdic asap….. bank insurance naman eto at hindi pyramiding….bank po eto mr.pdic.

-viking universal tools

By: viking

viking — Tue, 20 Jan 2009 07:33:29 +0000

viking says:

hopefully we can get the money asap. pdic insured us that they will shoulder upto 250T for individuals, P250T accumulated joint accounts, 250t both in-trust for and by-accounts.

-viking universal tools

By: ghen

ghen — Wed, 24 Dec 2008 02:38:40 +0000

GOSH!!! BALIK NYO PERA K!!! LEGACY MISLEAD US!!! nung una, sabi change of bank lang dhl hanap p sila bank can release 5M/mos? kasinungalingan!!! un pala, tlagang they have plans for closure n!!! now, wash hands n sila… at SEC n dw bhala mag refund pera namin? how come? wherein a trust cant be release until its maturity… haaay… maawa n kayo sa family namin! balik nyo n ung ininvest namin?!? P L E A S E LANG!!!! :(

By: Inqui

Inqui — Fri, 19 Dec 2008 13:25:55 +0000

Legacy has declared bankruptcy

By: ayan

ayan — Fri, 12 Dec 2008 04:48:31 +0000

is this all true? please inform me aboput this. my parents just died and we had our time deposit last year, please e-mail me… i need infos. thanks… and sana maaus na toh…

By: Sam

Sam — Thu, 11 Dec 2008 15:19:08 +0000

I’ve seen their plans for the past years. I’ve even warned friends who had invested that the groups’ scheme is similar to the Ponzi scheme(pyramiding)except that their is a supposed PDIC on your deposits. But PDIC covers only bank deposits and TDCs are not included. Unless you have a passbook, I dont think PDCs are covered by PDIC. And just like any other pyramiding, the losers are the late comers or those who put in bigger additional investments. Kawawa mga nalugi and those who entrusted their hard earned money w/ these banks.

By: jovee raymundo

jovee raymundo — Thu, 11 Dec 2008 06:29:04 +0000

i was a depositor of banco paranaque for about 4 years, its been a good bank to me, and i may say that everything has its end, and for me, im still very thankful to the management and staff of this bank, for giving us the consideratel return of oiur investment. It’
s been a very helpful years for us doing business with them. Thank you thank you… to Sir Oliver Ramos whose been very good to us, thank you and God Bless us all…goodluck!!

By: fancy

fancy — Wed, 10 Dec 2008 13:23:31 +0000

My mother availed Pension S plan, (5 years to pay and 5 years to wait) at consolidated plans 10 years ago. Last June 2008 was the maturity date but after calling the claims department a month earlier, they informed me that by that time the only checks they were processing was the pension plans that matured january of the previous year (2007) which means that the matured plan that I (as a beneficiary) have might be processed the next year (2009). Until I was told to inquire for the agent of the said pension plan about the “double your money” time deposit that will give me 12 checks in total for 3 years. so i enrolled it thinking that at least we have a check to deposit every 3 months but to my dismay two days upon opening an account and depositing it to a bank, the bank informed me via text message to call the bank’s branch for a returned check. I was very disappointed of course not only for its timing but for the lame reason that they told me that “their boss terminated the account thats why the check returned”. They didnt even give us their reassurance that after what happened we can still claim the money. I really dont know if the reason for the account’s closure was because of the said “extort group” or is it just them making their story of this extort group. Im still hoping that they could explain this returned checks clearly and that they can reassure the people that invested in them that we can still claim what is supposed to be ours. i’ll just post my update here again.

By: Max

Max — Tue, 09 Dec 2008 14:27:13 +0000

I just got a call today from a friend of mine who referred me to put my money (my children’s college fund actually) to a 5-year TD at Banco Paranaque. I was told that the bank declared a “bank holiday” since yesterday, monday 8 december. No one from the bank is answering phone calls for explanation why the bank is closed. what is going on? last month the bank was even encouraging people to put some more money as they have increased the interest to 20% from 18%. last friday there were still people at the ortigas branch according to this friend of mine. suddenly, they are closed!!!!

By: jta

jta — Tue, 09 Dec 2008 04:54:36 +0000

all i can say of this bank to please return my money now,,,im one of the dpositor of this bank in tagblaran city,,then after 1 yer i decided 2 withdrwn my money,,they issue a 1week post dated check,Kasi wala silang PERA,,,,,and until now 1 month at sarado na yung bangko nla wala pa ring LAMAng ang CHEKE!!!!!

By: Ramoncito G. Tagle

Ramoncito G. Tagle — Sun, 23 Nov 2008 02:17:09 +0000

In any investments there are risks. Legacy is a legitimate investment institution. It is so far the best and the wisest way to invest in this institutution. It has already helped a lot of people. I invested all my money in Legacy and it help me a lot. They are very reliable and truly they honor their commitments to you. I suggest you try it and experience your investments double and be able to live a very comfortable life with less worries. Do not believe all the rumors. They are just envious because we are successful and they are not. Normally people who are failures think negative things. That is why they fail. Go ahead and invest your money in Legacy. They have enough cash to back up your investments. As we say, ” NO GUTS, NO GLORY”

By: co.sol

co.sol — Thu, 28 Aug 2008 02:26:04 +0000

In my 6yrs of investing my money with RBOP,I’ll never experience any problem or delays when it comes to my interest, I actually renew my two matured 5yrs TD for another 5yrs but now it is at 18% P/A,that still fine with me coz I want also the bank to earn from my deposit.I want to congratulate the management and all the employees of RBOP for job well done.

By: LC

LC — Thu, 31 Jul 2008 23:37:18 +0000

I personally know somebody who has an investment with legacy group for 7 years now. I have talked to them regarding issues of swindling. They said, they have NEVER encountered any problems with all their transactions with the said firm.

By: depositor feedback

depositor feedback — Mon, 28 Apr 2008 16:49:16 +0000

I am a depositor of the bank and so far have not encountered any problem with the checks issued! I even recommend the bank to friends, and looking forward to investing more money, though they said 20% p.a. is not available anymore and only offers 18% p.a. this time.

By: depositor b

depositor b — Sun, 23 Dec 2007 04:06:18 +0000

all the check i receive in banco paranaque are all good good good !!! long live banco paranaque!! may GOd protect this bank and prosper abudantly