EmGoldex - updates

Rappler's latest stories on EmGoldex

ARTICLE FINDER

SEC files raps vs 'agent' for using Facebook in shady deals

Apr 05, 2016 - 8:46 PM

The commission says that Mary Grace Miranda Lapid is not registered and claimed to be an agent of firms facing cases

Pyramid scam queen Rose Baladjay, husband sentenced to 7 years

Dec 09, 2015 - 2:55 PM

The Makati Regional Trial Court has ordered Multitel s Rose and Saturnino Baladjay to pay their victims P8 million

GUILTY. Rose Baladjay (right) is accused of swindling hundreds of people into investing into her firm, Multinational Telecom Investors Corporation (Multitel). A Makati Regional Trial Court branch recently ruled she is guilty on 65 counts and sentenced to 7 years in prison. File photo by Agence France-Presse/Jay Directo

SEC to DOJ: Issue lookout bulletin order vs EmGoldex scammers

Nov 12, 2015 - 5:56 PM

Considering the gravity of the offense and the imposable penalty provided under Section 73 of the Securities Regulation Code there is a real danger that the respondents may flee the country to avoid criminal liability the SEC says

SEC WARNING. Stay away from companies promising hefty returns for small investments.

Global Intergold to SEC: Group misusing our name

Nov 07, 2015 - 11:59 AM

Global Intergold has become aware of certain activities in the Philippines by an unauthorized group that has promoted business similar to or purporting to be Global Intergold its president Jens Krebs says

LEGAL ACTION. Global Intergold said it will pursue legal actions against unauthorized group that has misused its name for illegal operations

SEC issues cease and desist order vs EmGoldex

Nov 06, 2015 - 4:45 PM

As more people are recruited into the scheme it eventually reaches a point wherein it can no longer sustain its payouts and payments will stop thereby leaving investors penniless warns the SEC s Enforcement and Investor Protection Department

WARNING. Each violation of the Securities and Regulation Code is punishable, upon conviction, with a fine of not more than P5 million ($106,484.92) or imprisonment of 7-21 years, or both.

One Lightning Corporation submits to SEC probe

Mar 23, 2015 - 7:00 PM

Pyramiding company? The firm maintains that it is a legitimate corporation and awaits steps prescribed by the Securities and Exchange Commission

Have you been hit by ‘One Lightning?'

Mar 13, 2015 - 4:53 PM

The Securities and Exchange Commission says One Lightning Corporation has no license to sell products or accept investments beyond its registered business

Not all that glitters is gold

Feb 21, 2015 - 10:00 AM

The lure of a quick return on investment momentarily blinds many until they realize they are trapped in a scam