United Nations (UN) jobs scam
二月 4, 2010
对不起，此内容只适用于English。
Another Western Union scam
一月 26, 2010
对不起，此内容只适用于English。
How to report text scams
一月 14, 2010
对不起，此内容只适用于English。
PIPC update: US law firm to undertake investigation
一月 11, 2010
对不起，此内容只适用于English。
Bernard Madoff guilty, gets 150-year prison term
六月 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
六月 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.
12DailyPro update: Refunds to start soon
四月 4, 2009
对不起，此内容只适用于English。
Beware of these eBay scammers
二月 24, 2009
In the past, we’ve featured stories of scams and victims’ tales of being scammed. Here’s an addition to those tales. Following are posts of some members of the PMT Forum about their experiences being victimized by scammers on eBay.
The modus operandi is almost always the same. A product is advertised at an unbelievably low price. The victim bids for the product and, upon winning the auction, sends money via bank deposit, GCash or some other method of payment. A few days later, the product is still not delivered to the buyer. The seller, however, cannot be contacted anymore.
PIPC was a Ponzi scheme, says Ferrier Hodgson
十月 30, 2008
In the September 2008 update made to investors of scam investment program Performance Investment Products Corporation (PIPC), fraud investigation firm Ferrier Hodgson disclosed that the results of preliminary analysis support its belief that PIPC operated as a Ponzi scheme.
A Ponzi scheme is a fraudulent investment operation that involves promising or paying abnormally high returns to investors out of the money paid in by subsequent investors, rather than from revenues generated by a real business.
PIPC was a multimillion-dollar scam investment program that was exposed in 2007 after the owner of the company, Singaporean Michael H.K. Liew, fled the Philippines and disappeared, supposedly taking with him between US$140 million and US$250 million of investors’ funds.
New scam: ‘Your money is fake, Sir!’
九月 4, 2008
Have you ever experienced paying in, say, a shop or restaurant and the cashier told you your money is fake?
PMT member denshow10 had the exact same experience when he dined in a Pizza Hut branch last week. When he paid, the cashier told him the bill he was using did not have the names of the Philippine President and the Bangko Sentral Governor on it and, therefore, it was fake.
In the Fake Php 1,000 bill discussion thread, another PMT member mokoy222 mentioned that this may just be the modus operandi of a swindling gang. He knows this because he himself was also a victim.
His story:
