fraud - updates

Rappler's latest stories on fraud


Mañosa family denies scamming investor in Alabang Hills project

Nov 27, 2019 - 9:43 PM

Francisco 'Dino' Mañosa denies tricking his friend Marisol Ramirez into investing P50 million for an Alabang Hills project that has not started development

SEA Games 2019 cauldron designer's family sued for P253-M fraud

Nov 26, 2019 - 8:00 AM

(UPDATED) The children of the late National Artist and architect Bobby Mañosa are facing at least 9 cases in court demanding payment of over P253 million. This is on top of over P372 million they owe other entities as of August 2019.

EMBATTLED FAMILY. The Mañosa siblings are accused of fraud for failing to pay investors back. Photo from Mañosa Group of Companies Facebook Page

DOJ indicts KAPA for defrauding public

Oct 22, 2019 - 6:01 PM

The Department of Justice finds probable cause to indict officers of KAPA for violating various provisions of the Securities Regulation Code

Higher penalties now await bank account hackers, credit card skimmers

Sep 25, 2019 - 2:05 PM

Hacking a banking system can now land you in jail for life due to a new law imposing stiffer penalties for access device fraud

ATM FEES. The central bank now makes it possible for banks to adjust ATM fees, subject to their approval. Photo from Shutterstock

Ex-DFA chief Yasay fails to get CA remedy in bank fraud arrest

Sep 17, 2019 - 3:45 PM

The Court of Appeals says Yasay's petition is premature

BANK CASE. Former Department of Foreign Affairs secretary Perfecto Yasay Jr. arrives at Manila Police District Headquarters in Manila on Thursday, August 22 following his arrest for the questionable P350-million loan from the Banco Filipino Savings and Mortgage Bank. Photo by Ben Nabong/Rappler

Twitter nixes tweets by text after CEO account hack

Sep 05, 2019 - 1:11 PM

'We're temporarily turning off the ability to Tweet via SMS, or text message, to protect people's accounts,' Twitter's support team writes on the platform

JACK DORSEY. Twitter CEO Jack Dorsey speaks during a press event at CES 2019 at the Aria Resort & Casino on January 9, 2019 in Las Vegas, Nevada. File photo by David Becker/Getty Images/AFP

SC affirms ex-Marines chief dismissal over P36-M fraud

Aug 27, 2019 - 3:38 PM

Retired general Renato Miranda was found guilty of grave misconduct and serious dishonesty over a clothing allowance anomaly

Photo by LeAnne Jazul/Rappler

[EXPLAINER] Transmission glitches don't necessarily mean electoral fraud

May 18, 2019 - 7:00 PM

All baseless accusations that can erode the people’s trust and confidence in the results, in Comelec, and in the election system as a whole would not only be irresponsible, but dangerous

Ka Leody wants to suspend canvassing of votes

May 18, 2019 - 4:41 PM

Leody de Guzman also questions the 'undue haste' in the proclamation of Senate and party-list winners

PROTEST. Leody de Guzman and Erin Tañada march towards PICC, Comelec official canvassing headquarters to protest against election anomalies on May 17, 2019. Photo by Alecs Ongcal/Rappler

#HalalanDayaan2019: Netizens raise concerns over perceived irregularities

May 14, 2019 - 10:16 AM

Netizens are taking to social media to raise concerns over alleged cases of electoral fraud in different areas

Tesla CEO Musk strikes deal with market regulators over tweets

Apr 27, 2019 - 8:58 AM

The settlement between Musk and the SEC sets out clearer guidelines on topics Musk should avoid on Twitter or other social media, including statements about acquisitions, mergers, new products and production numbers

DEAL. In this file photo taken on March 14, 2019, Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, California. Photo by Frederic J. Brown / AFP

CA affirms 7-year sentence vs celebrity doctor Joel Mendez

Apr 22, 2019 - 7:03 PM

The case stems from the dermatologist’s failure to remit to the SSS contributions of his employees

EMBATTLED. Celebrity doctor Joel Mendez, who was arrested in July 2018 on charges of rape, faces new legal battles as the CA upholds his 7-year jail sentence over SSS fraud. Sourced photo

Lawyer Avenatti arrested, accused of fraud and of extorting Nike

Mar 26, 2019 - 10:06 AM

Celebrity lawyer Michael Avenatti is arrested in New York based on separate complaints filed in that city as well as California

MICHAEL AVENATTI. Attorney Michael Avenatti speaks to the press after leaving the federal court house in Manhattan on March 25, 2019 in New York City. Photo by Don Emmert/AFP

Taguig court orders arrest of Nicko Falcis

Mar 15, 2019 - 7:33 PM

Kris Aquino's former business manager has been charged with violation of the Access Devices Regulation Act

NICKO FALCIS. A warrant of arrest has been issued against Kris Aquino's former business manager. Screenshot from Nicko Falcis' Instagram account

Shakira to be questioned in June over alleged tax fraud

Feb 26, 2019 - 8:05 PM

A statement from the high court of Catalonia says the singer has been summoned to appear on June 12 before a judge in Esplugues de Llobregat

Facebook’s 'friendly fraud’: What to know about the latest controversy

Jan 30, 2019 - 10:08 AM

'Friendly fraud' is when Facebook lets children spend real money on in-game purchases without parental permission

Rapper DMX freed after year in prison for tax fraud

Jan 26, 2019 - 12:29 PM

Prosecutors say that the American rapper evaded $1.7 million in US tax payments by living on cash, without a bank account

Ronaldo faces multi-million tax fraud fine in Madrid court

Jan 22, 2019 - 1:16 PM

Ronaldo will not serve his 23-month jail sentence as Spain does not enforce this for first-time offenders in non-violent crimes

TAX FRAUD. Cristiano Ronaldo returns to Madrid for a trial on his tax fraud. Photo by Jose Jordan/AFP

Spain prosecutors to file fraud complaint against Shakira – report

Dec 09, 2018 - 3:57 PM

Shakira is suspected of not paying taxes in Spain despite being a resident between 2011 and 2014

Phishing 101: How to spot and avoid phishing

Oct 19, 2018 - 3:03 PM

Phishing is an industry problem. Arm yourself with information to protect yourself and your money

Chinese actress Fan Bingbing breaks silence on tax case

Oct 04, 2018 - 4:23 PM

'Without the Party and the state's good policies, without the love from the people, there would have been no Fan Bingbing,' the actress says on Weibo

U.S. regulators charge Tesla CEO Elon Musk with fraud

Sep 28, 2018 - 11:37 AM

The SEC says Musk's statements on going private were 'false and misleading' and that he had never discussed the plans with company officials or potential funders

MUSK. Tesla Motors CEO Elon Musk speaks at a press conference during the 67th International Astronautical Congress in Guadalajara, Mexico on September 27, 2016. Photo by Hector Guerrero/AFP

INFOGRAPHIC: How to protect yourself from bank fraud

Sep 24, 2018 - 8:57 PM

Be informed. Here’s how you can help your bank protect you from falling victim to fraud

Ex-Trump campaign chairman Manafort to plead guilty to conspiracy charges

Sep 14, 2018 - 10:39 PM

Seven charges in a previous indictment against Manafort were reduced to just two in a criminal information submitted to the court Friday by Special Counsel Robert Mueller, signaling a deal had been made with Manafort's lawyers to accept guilt

PLEADING GUILTY. In this file photo taken on December 11, 2017 former Trump campaign chairman Paul Manafort leaves Federal Court in Washington, DC. File photo by Brendan Smialowski / AFP

Trump's ex-campaign chief Manafort guilty of fraud

Aug 22, 2018 - 8:14 AM

Paul Manafort is found guilty on 8 charges: 5 counts of making false income tax returns, two counts of bank fraud, and one of failure to report foreign bank and financial accounts

GUILTY. In this file photo taken on June 15, 2018 Paul Manafort, Donald Trump's former campaign chief, arrives for a hearing at US District Court in Washington, DC. File photo by Brendan Smialowski/AFP

MISLEADING: Sotto 'bares' senators linked to alleged 2016 poll fraud

Aug 08, 2018 - 9:47 PM

The Senate President has yet to name those who 'benefited' from irregularities in the 2016 elections, but a YouTube video thumbnail appears to implicate 4 opposition senators

Screenshot of website that appears to implicate 4 senators in the alleged 2016 poll fraud

Adulting 101: What you need to know about credit card fraud

Jun 29, 2018 - 12:21 PM

In 2020, losses from card fraud are expected to reach $31 billion worldwide – a sharp rise from 2010 figures of $8 billion

CREDIT CARDS. The growth of online shopping has put credit card users at risk. File photo

Patricia Fox, Tito Sotto, PNP vs. ‘tambays’ | Evening wRap

Jun 18, 2018 - 10:05 PM

Watch the evening newscast with Acor Arceo

Former Theranos biotech star indicted on fraud charges

Jun 18, 2018 - 8:54 AM

The indictment claims that Holmes and Balwani falsely claimed they had developed revolutionary technology that could quickly provide a range of clinical tests from a small drop of blood

THERANOS. Elizabeth Holmes, founder and CEO of Theranos, speaks in New York City on September 29, 2015. File photo by Andrew Burton/Getty Images/AFP

Guevarra on DOJ, IHS on Quiboloy Foundation, Cimatu on Boracay casino | Evening wRap

Apr 06, 2018 - 7:42 PM

Watch Rappler's evening newscast with Bea Cupin

Hawaii NGO accuses Quiboloy foundation of fraud

Apr 06, 2018 - 11:45 AM

In an email to Rappler, Pastor Apollo Quiboloy's lawyer responds by saying 'jealousy' can often lead groups to make 'disparaging comments about others'

FRAUD ACCUSATION. The Hawaii-based Institute for Human Services (IHS) provides a sample picture of the badge used by volunteers of Children's Joy Foundation allegedly claiming they're raising funds for IHS. Photo courtesy of IHS

Fraud charges for cryptocurrency promoted by Mayweather, rapper DJ Khaled

Apr 03, 2018 - 11:39 AM

The incident turns the spotlight on how some fraudulent cryptocurrencies are using celebrities to raise funds from investors

MAYWEATHER. Floyd Mayweather Jr. in the ring for his super welterweight boxing match against Conor McGregor on August 26, 2017 at T-Mobile Arena in Las Vegas, Nevada. File photo by Christian Petersen/AFP

‘Not enough proof’ yet in server logs to show 2016 poll fraud

Mar 17, 2018 - 10:00 AM

IT experts push for more transparency and explanations from Comelec and Smartmatic to address cheating allegations in the automated elections

VOTE COUNTS. A vote-counting machine prints an election return during the May 2016 elections. File photo by Alecs Ongcal/Rappler

Theranos CEO charged with fraud over blood-testing claims

Mar 15, 2018 - 3:06 PM

The SEC charges Theranos CEO Elizabeth Holmes and former president Ramesh Balwani with raising more than $700 million by exaggerating or lying about the business and its technology

THERANOS' CEO. Elizabeth Holmes, Founder & CEO of Theranos, speaks at Forbes Under 30 Summit at Pennsylvania Convention Center on October 5, 2015 in Philadelphia, Pennsylvania. File photo by Lisa Lake/Getty Images/AFP

'Most hated man' gets 7 years in jail for defrauding investors

Mar 10, 2018 - 8:50 AM

Martin Shkreli, who once led Turing Pharmaceuticals, is infamous for suddenly raising the price of HIV drug Daraprim in 2015 by 5,000% – from $13.50 a pill to $750

JAILED. In this file photo taken on June 26, 2017 Martin Shkreli, the former Turing Pharmaceuticals executive arrives for the first day of jury selection in his federal securities fraud trial at United States District Court Eastern District of New York in Brooklyn. Photo by Timothy A. Clary/AFP

Sotto’s 2016 poll fraud claim affects Duterte down to councilors – Robredo

Mar 09, 2018 - 3:25 PM

Vice President Leni Robredo says questioning the integrity of the 2016 elections also means questioning the victory of all winning candidates

THE VEEP. Vice President Leni Robredo visits San Felipe, Zambales on March 1, 2018. Photo by OVP

Duterte on bank records, Lorenzana on Mercado, Trump admits Russian meddling in U.S. polls | Evening wRap

Mar 07, 2018 - 9:39 PM

Watch the evening newscast with Marguerite de Leon

'Irregularities' in 2016 election server logs? Not necessarily, says I.T. expert

Mar 07, 2018 - 11:10 AM

But the Comelec and Smartmatic should still explain the concerns in Senator Vicente Sotto III's privilege speech, says PPCRV IT director William Yu

Supreme Court on Sereno, Ban on Rappler coverage, Sotto on alleged poll fraud | Evening wRap

Mar 06, 2018 - 11:02 PM

Watch the evening newscast with Marguerite de Leon

Sotto seeks Senate probe into alleged poll fraud in 2016

Mar 06, 2018 - 4:10 PM

Senate Majority Leader Vicente Sotto III, citing his source, alleges that there was early transmission of votes and foreign access to election servers

Senate Hearing PCSO on February 12. Photo by Angie de Silva/Rappler

Duterte on Malacañang ban, Alvarez on Sara Duterte, New charges vs Manafort | Midday wRap

Feb 23, 2018 - 1:33 PM

Watch the midday newscast with Mara Cepeda

All-time high levels of fraud and cyber issues plague industries today – report

Feb 08, 2018 - 3:29 PM

The 10th annual Kroll Global Fraud Risk Report outlines the risks industries and organizations now have to face

Bulgarian man arrested in Pampanga for ATM skimming

Jan 05, 2018 - 2:16 PM

Bank guards noticed Ivaylo Sashov inserting ATM cards in succession in a BPI machine, Pampanga police say

BSP slaps sanctions on Metrobank for P1.75-B internal fraud case

Nov 28, 2017 - 12:43 PM

The sanctions range from reprimanding and suspending bank officials guilty of lack of oversight, to requiring Metrobank to set aside P4.45 billion to cover for higher operational risk and being subjected to periodic review

Koreans in Pampanga arrested for credit card fraud

Nov 21, 2017 - 4:44 PM

A local court in Angeles City also orders the confiscation of computers used to access the credit card information of Koreans and Chinese people abroad

OPERATORS. CIDG Pampanga operatives seize computer units and other gadgets from 3 residential units occupied by South Koreans in Angeles City on November 20, 2017. Also in photo are some of the Filipino 'computer operators' working for the Koreans. Contributed photo

Security Bank, RCBC add anti-fraud measures to debit cards

Sep 18, 2017 - 10:40 PM

Both banks add a remote lock/unlock feature to guard against unauthorized transactions

NBI to subject 12 to inquest proceedings for credit card fraud

Sep 14, 2017 - 8:44 PM

The NBI seized several credit cards bearing different identities as well as falsified personal identification cards used alongside the compromised credit cards

51 bankers, businessmen on trial in Vietnam for fraud

Aug 28, 2017 - 4:01 PM

A former banking magnate and 50 others go on trial over a multi million dollar fraud at a major private bank

ON TRIAL. Former Ocean Bank CEO Nguyen Xuan Son (C, standing) stands trial along with former Ocean Bank chairman Ha Van Tham (2nd R, seated on first row) at the People's Court in Hanoi on August 28, 2017. Vietnam News Agency / AFP

Russia charges top director with fraud

Aug 22, 2017 - 11:48 PM

The Investigative Committee which probes serious crimes says Kirill Serebrennikov is charged with defrauding the state of at least 68 million rubles 1 15 million 977 000 euros in arts funding over 3 years from 2011 to 2014