A famous celeb actor personality for alleged involvement in an investment scam involving a gasoline station co ownership scheme. I was familiar with this, with a former staff promoting such a scheme, as an agent
I had my doubts because of the volatility of the fuel industry. The rise and fall of prices wrecks havoc on the profitability and does not allow the 10% per month promised margin.
And now the chicken has come to roost. Its either the alleged chairman who claims he does not know the day to day operations (he does not know the MO of the company of which he sits atop as the highest official - how irresponsible. relying many on luck?) go to jail or return the PHP. The video of him pitching for investments supports the contrary.
Hmms resigned na? Can resignation absolve one from responsibility?
Its just like escaping or being a fugitive.
Its just like escaping or being a fugitive.
This can deal a great blow on famous people related to him who incudes a governor and former senator.
Mag ayos
We have too many of the scams that are uncontrolled:
1.. Ponzi
2. KAPA
3 Flex Fuel
4. Singapore
5. Crypto (so many being recruited still)
6. Forex...
7. MLM, pyramiding
And most lose their shirt.