News & Current Events

Various sectors of Philippine society react to Erap guilty verdict

GMAnews.tv compiled the reactions of various personalities from the different sectors of the society after former Pres. Joseph "Erap" Estrada was found guilty of the crime of plunder. The complete pool of reactions is accessible here. A summary of these reactions are as follows.

Anti-Money Laundering Council (AMLC) warns vs. HYIP investing

The Philippines' Anti-Money Laundering Council (AMLC), together with the Securities and Exchange Commission (SEC) and the Bangko Sentral ng Pilipinas (BSP), reiterated its warning to Filipinos against investing in so-called High-Yield Investment Programs or HYIPs. The official statement from AMLC, also circulated by the SEC and BSP, goes:

BSP warning on Foreign Currency Transactions

Here is a press release issued by the Bangko Sentral ng Pilipinas (BSP) on June 26 warning the public against fraudulent schemes that involve "foreign currency trading" transactions.

Scroll to Top