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NBI raids Chinese-operated firm CCO Media in BGC for IP violations involving online scam • BusinessMirror

THE National Bureau of Investigation Intellectual Property Rights Division (NBI-IPRD) raided last August 17, 2023 the office of a Chinese-operated company in Bonifacio Global City in Taguig for the unauthorized use of the trade name and trademarks of a US-headquartered outdoor advertising company, Clear Channel Outdoor, to perpetuate an online investment scam. The authorities swooped

SEC warns public vs firms selling illegal investments

THE Securities and Exchange Commission (SEC) has warned the public not to invest in “Alao/Alao Investment Platform,” “The Wealthwise International Management OPC” and CCO Media Philippines/Clear Channel Outdoor Asia Corp. as these entities offer illegal investment products to the public. Alao Investment claims it is a crowdfunding investment company with…

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