Showing posts with label scam. Show all posts
Showing posts with label scam. Show all posts

Friday, November 13, 2015

Airport NAIA Cops asked Missionary Michael White to pay P30K

This is a follow up to the "laglag bala" scam in the Philippines airport. According to Michael White, he was asked to pay P30,000.00. The price will rise to P80,000.00 if it will reach police heaquarters his stepmother said. Eloisa Zoleta and her stepson recount the ordeal in the airport last September.

They cops try to extort them but they refuse and said that they were innocent. The family during that time were going to Coron, Palawan to look for a piece of land because they wanted to build a church.

Zoleta said a bullet was found after White’s bag passed through the X-ray machine several times.

Nothing was detected when the bag was first checked, but after screening officer Maria Elma Cena allegedly put her hand inside the flap of White’s bag, the bullet was discovered in the next X-ray scan, she said.
Michael White 

After they were informed of the discovery, Zoleta asked the screening officers if she should have their flights to Coron moved. They told her it would be an easy matter, a remark that she found baffling if there really had been a violation of the law.

“The screening officers said, ‘That’s OK. It would be easy,’” she said, adding that Cena even told her that the flight wasn’t even until 12:45 p.m.

“I was thinking that if it was really the law and there was one ammo found in the luggage, shouldn’t their answer be that we wouldn’t be able to go to Coron because they would jail my son? Shouldn’t that be the answer if they were implementing it?” she said.

White was subsequently brought to the office of the Philippine National Police, while Zoleta tried to take care of their tickets.


Police officer Junio

She said a PNP officer she identified only as “PNP officer Junio” asked her about what had happened. After explaining, Junio told her about paying for the dropping of the case, she said.

“Usually we let the possession of such items pass. We just say it’s an amulet. If we negotiate that here, it (will cost you) P30,000. But if it’s passed on to headquarters, it’s P80,000,” Zoleta recalled the police officer as saying.

Preacher with no salary

He also asked about her husband’s job and she informed him he was a preacher who did not receive a salary. The officer also asked about White’s job and she told him he had resigned from his job.

Their conversation ended then because Zoleta’s brother called her up, and she never saw the police officer again.

White also said a police officer, Rolando Clarin, had told him he could pay P30,000 or face the prospect of jail. But he said the bullet was not his and he did not have the amount.

Zoleta said the officers had tried to convince them to own up to the bullet possession.

She said another officer had appealed to her to help White, as he was a foreigner and his life could be ruined.

Pregnant

And as they were about to head for White’s inquest, Zoleta said Cena came up to her and told her that she could have just admitted to carrying the bullet since she was pregnant, and there was a humanitarian law.

“I responded to her, ‘ma’am, why would I admit it?’ I know that’s the easier way out to say it’s ours and I’m pregnant, but I told her we’re Christians. We can’t lie about a small thing just to find an easy way out,” she said. 

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Thursday, November 12, 2015

SEC is asking DOJ to issue for 'lookout order' vs Emgoldex execs

Here is a follow up news about Emgoldex or the Global International Investment. The rumored scam investment which victimized the OFW and the Filipinos who are greedy and want  to earn money fast.

To those who are not aware about this business scheme, some of the incorporating members are now watched.

SEC said the lookout order was requested for Kevin Miranda, Ryan Manuit, Charles Juiz Padilla, Raahbel Ymas, John Rafael Calicdan, Jove Cajita, and Paul Alviar.


 The suspects, most of whom are incorporators of Prosperous Infinite Philippines Holdings Corp. (PIPHC), are being accused of selling or offering for sale or distribution unregistered securities to the public and without a license.

 The DOJ issues a lookout bulletin order to monitor movements of suspects facing criminal charges. 

The Bureau of Immigration (BI) then implements the same and issues an alert bulletin for further monitoring of suspects in the event that they pass through immigration counters in any international airport or seaport.

 Charges against related entities Emgoldex, PIPHC, and Global Intergold (GIG) were earlier filed by the SEC.

 SEC issued a warning against investing in Emgoldex as early as February 2015. The commission alleged that the company lures investors through promises of high returns, where an investment of P1,000 would earn profits ranging from P5,000 to P10,000 or a placement of P35,000 would yield P180,000 to P360,000.

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Friday, October 23, 2015

OFW were warned about Global Intergold Investment

Overseas Filipino Worker (OFW) community was warned by the Philippine Embassy based in Doha, Qatar to be wary of scams, particularly of activities that offer quick return of investments.

 A memorandum circular released by Ambassador Wilfredo Santos made an example of Global Intergold, pointing out that according to Securities and Exchange Commission of the Philippines, said company does not exist in their files, not as a registered corporation of partnership, rendering it illegal in court as well as shady.

 The entity is said to be from the discredited Emgoldex Philippines. In the advisory, SEC reported that the are news the Emgoldex Philippines is still active, with its perpetuators using the name of Global Intergold to continue their scamming and illegal investment taking activities online.

 As stated, Global Intergold has not registered as corporation or partnership, hence said company is not authorized to solicit from the public because there was no license or permit to solicit from the Commissions Office as required under Section 8.1 of the Securities Regulation Code.
Global Intergold

The ambassador stressed to the Filipino community the importance of proceeding with caution when it comes to business.

 Oftentimes, the offers that are good to be true are truly too good to be true, especially because it is difficult to determine whether the opportunity is a legitimate networking-based operations or a pyramid scheme scam.

 The following are a direct quote from the memo, reiterating the warning to Filipinos worldwide.

 “The selling agents of Global Intergold are not authorised to offer sale, sell, and solicit investments from the public since no selling agents of Global Intergold, as of now, have secured licence from the SEC to act as certified investment solicitor, investment adviser, broker or dealer in securities, or salespersons of broker or dealer in securities.”

 “In view thereof, the public is hereby advised to exercise self-restraint from investing their money into such high yield, high risk investment scheme and to take the necessary precautions in dealing with the above-named entity.”

 “The public is further advised that those who participate including those who offer investment either personal or thru social media (e.g. Facebook, Instagram, etc.) in this investment-taking activity of Global Intergold are at risk of being prosecuted for criminal violation of the Securities Regulation Code.”

 Philippine Business Council-Qatar (PBC-Q) chairman Greg Loayon reminds that it is not only the OFWs who are victimized or scammed.

 The list also includes the other members of the expatriate communities lured by the offer of easy money, including some Qataris.

In order to be certain of the credibility of investing companies, Loayon says that it is important tocheck the appropriate registration and license of the company to operate in Qatar.

 Ministry of Economy and Commerce (MEC) offices can check for the company licenses and permits while Qatar Central Bank (QCB), Qatar Financial Markets Authority (QFMA), or the Qatar Financial Centre (QFC) can be tapped for investment licenses.

 Foreign firms offering investment and insurance plans are required to register in the country before being permitted to operate, otherwise they will be deemed illegal.

 The chairman of the United Filipino Organisations in Qatar (UFOQ), Ed Anami has been recently informed of the circular and is in the act or distributing information to members through the UFOQ Facebook account.

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Thursday, October 1, 2015

Is Global Intergold Scam or Legit

I was called by one of my acquaintances one afternoon and pretending to be concerned by saying that he did not have any news about me for a long time. Chit-chat went from personal to investment and he shared me this Global Intergold. Actually he shared me the Emgoldex before it was known as Global Intergold lately. 

I am not new to this MLM, Binary and alike businesses. I joined the company associated with Aloe Vera products. The only difference is that this company has products which you will get when you register to join. 

When do you say that a company engage in MLM or Binary is a SCAM or legit? Let's face it these companies recruit people to expand. I can say that it is legit when you get something in return when you register your name with them. Example is the products like health products and maybe a service with the right price of course. It should be competitive to the market, not overprice. 

To cut the story short, this Global Intergold has no product but you have to recruit in order to earn money. They said at least two. Wow. Gold is their front or prop.

 Most of these ponzi scheme businesses victimized OFWs and Expatriates with the promise of getting easy money because they knew that they have money to afford. 

The big question is why they changed their name from Emgoldex to Global Intergold? Not approved by SEC in the Philippines. 



"Global InterGold is a regulated EU Company featuring an Online shop for the buying and selling of gold bars from Swiss regulated suppliers. Purchases may be completed outright or the client may elect to defer payment and subscribe to the GoldSet marketing incentives program. GoldSet offers Global InterGold clients a variety of ways to help fund their purchases and maximize their gold purchasing power. 
 Not only does Global InterGold sell investment gold bars, it also provides a buyback guarantee on completion of a Gold Bullion purchase order commitment.
Buyers may elect to hold their physical gold purchases personally or assign them for safekeeping in a certified depository through our licensed gold provider for a small fee. 
 Gold has been traded for over 5,000 years. In fluctuating economies it is a reliable investment that many governments, banks, large and mid-sized corporations as well as high net-worth individuals turn to for increased stability. Now, Global InterGold makes purchasing gold possible for just about anyone."


I have no news what happened to my acquaintance if he get his money back with profit or not but I am certain when the recruiting is saturated everything will fall apart and good luck to the latest member who will bear the consequence.


My advised to everyone, stay way from this type of investment. If they promise big return in a short span of time then be worry. Say NO to this kind of investment. Many investment scam has been brought to the public attention but we Filipinos never learned. It is better to invest in mutual fund and stock market. All you have to do is learned how to do it.

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Wednesday, September 23, 2015

Global InterGold Review – Re-Launch of EmGoldex?

Hey welcome to my Global InterGold Review!

 There is something fishy going on about this new company and in this blog post I am going to expose everything…

 First, I want to let you know a little bit of the history about Global InterGold and why you could burn through a lot of money…

 I am generally never negative about MLM companies, but this one had to be revealed…

 Global InterGold Review – The Company Global Intergold review If you read my EmGoldex review, you will notice that this company is EXACTLY the same…

 There is a big reason for that…

 It looks like after getting in a ton of trouble, EmGoldex decided to re-launch under a different name…

 Some of the issues EmGoldex ran into are the following:

 August 2014:  Massachustts Securities devision begin to investigate Emgoldex

 October 2014: Civic fraud charges filed against top US EmGoldex investors

 February 2014:  Philippines SEC issues regulatory warning against EmGoldex

 April 2015: Central Bank of Malaysia places Emgoldex on investment blacklist

 June 2015: Dubai Multi Commodities Center warn Emgoldex not registered to trade gold in the UAE
It looks like the anonymous owners had ditched the name EmGoldex because of all the negative publicity and changed the name to “Global InterGold” in late June 2015…

 Global InterGold Reviews – The Products This is EXACTLY the same as EmGoldex where you hand over 540 EUR to have a position in the matrix…

 Also, Global Intergold positioning their Ponzi investment offering the purchase of gold with a twelve month delay on payment…

 Gold is the vehicle of choice to push this scheme (I noticed a lot of “Gold” companies are launching lately).

 You only get Gold if you ask for it when you want your ROI in Gold instead of cash.

 Global InterGold – The Compensation Plan As of right now there is NO information on their compensation plan but it looks like the affiliates are pushing it just like Emgoldex with the same prices…

 The only information I found is that the president is “Jens Krebs” and I found that on their YouTube channel.

 There isn’t much information on him and I checked his LinkedIn profile which didn’t even have a profile picture…

 The main source of traffic to their website is coming from Russia at 15.3% according to Alexa and a whooping 15.1% is from the Philippines.

 Global InterGold – The Verdict I rarely call anything a scam, but this is one and for that reason I am out!

 There are just too many issues going on right now with EmGoldex and now they decide to launch another company with a different name?

 I mean…

 If it was a totally different company and they wanted to start fresh okay fine…

 BUT…

 It’s the EXACT same company!

 And it will fall into all the issues EmGoldex fell into!

 Please, listen to me…

 I would not join this company.

There are so many other business opportunities out there that are legit….

 I hope you enjoyed my Global InterGold review and if you are in this company…

I hope you didn’t get scammed.

 I really do.

 Bless and Be Blessed,

From: http://hotmlmcompanies.com/

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