Tag: investment scams

Government intensifies drive against proliferation of investment scams

MANILA, Aug. 18 — The government is intensifying drive against proliferating investment scams, Presidential Communications Operations Office Secretary Herminio Coloma, Jr., said on Sunday. “Pinaiigting ng ating Department of Trade and Industry (DTI) sa pamamagitan ng Consumers’ Protection and Advocacy Bureau at ng Securities and Exchange Commission (SEC), sa pamamagitan ng kanilang Enforcement and Investor Protection Department, ang mga hakbang para balaan ang ating mga mamamayan na huwag magpaloko sa mga pyramid scam, Ponzi scam, at […]

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Beware of investment scams

ROXAS CITY, Capiz, Aug.7 (PIA6) – The Department of Trade and Industry (DTI) – Provincial Office is reminding the public not to join investments that offer “easy money,” “double your money” and “quick money” which are beyond the existing profits in banks. “If the investment will earn by recruiting other people and not by selling valuable products, this is a concrete example of a pyramid scam or pyramiding,” said a DTI news release distributed to […]

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