Investment scammers sentenced to life imprisonment
Investment scammers sentenced to life imprisonment
Source: sunstar.com.ph
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Tagum City court convicts execs for syndicated estafa
THE lower court of Tagum City has found the officers of Tagum City-based Rigen Wellness Product Marketing (Rigen Marketing) guilty for their unauthorized investment-taking activities. The executives were also sentenced to life in prison for syndicated estafa. The Tagum City Regional Trial Court-Branch 2 convicted Rigen Marketing CEO Rico John…
Source: businessmirror.com.ph
SEC wins case against investment scam
The Securities and Exchange Commission (SEC) said officers of a company involve in an investment scam were meted with life imprisonment. The Tagum City Reg...
Source: malaya.com.ph
Rigen Marketing investment scam bigwigs sentenced to life imprisonment
The criminal cases were birthed from the complaints of two people who were lured to invest in Rigen Marketing.
Source: philstar.com
Illegal investment schemes rise during pandemic–SEC
Complaints against investment scammers received by the Securities and Exchange Commission (SEC) in 2017 to 2021 reached 493, amid concerns the numbers keep rising even during the pandemic. The Senate Committee on Banks and Financial Institutions learned from SEC Commissioner Ephyro Luis Amatong at a hearing on Monday that the…
Source: businessmirror.com.ph