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SEC cracks down on 6 firms with illegal investment schemes

The Securities and Exchange Commission (SEC) continues its crackdown against firm’s illegally soliciting investments from the public and operating Ponzi schemes to defraud Filipinos of hard-earned money during these hard times. In various orders issued recently, the corporate watchdog has issued w
United Kingdom Koen Solutions Silverlion Livestock Trading Corp Phil Maritime Ocean Institute Of Technology Beastnessallday Corporation Justice Department
Source: mb.com.ph

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Manila angel investors fund accounting automation startup

Manila Angel Investors Network (MAIN), the largest private investors network in the Philippines, has invested in a Filipino-American-founded, accounting automation startup, Gappify. In a statement, Gappify CEO and founder Jotham Ty said MAIN poured in $283,500 (P16.68 million). Gappify, whose le
New York United States The Philippines Jack Arambulo Agricultural Technology Screening Committee
Source: mb.com.ph

Former SEC chief joins PBCom board

Philippine Bank of Communications (PBCom) announced that former Securities and Exchange Commission Chairperson Teresita J. Herbosa has been elected as independent member of its Board of Directors. In a disclosure to the Philippine Stock Exchange, the bank said Herbosa was elected by its Board upon
United States Teresita Herbosa Jaimej Bautista Abello Concepcion Regala Cruz Sunlife Prosperity World Income Fund Inc College Of Law Rufino Campus
Source: mb.com.ph

SEC: Do not invest in Lodi Coins

SEC: Do not invest in Lodi Coins By JAMES A. LOYOLA The Securities and Exchange Commission (SEC) is advising the public against investing in Lodi Coins, a supposed virtual currency being offered on social media without the necessary licenses from regulators. In an advisory, the Commission flag
Lodi Technologie Bangko Sentral Corporation Code Exchange Commission Money Laundering Council Lodi Technologies Incorporated
Source: mb.com.ph

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