Financemanila has compiled some Common denominators and guidelines for scams:using lofty and popular names like sm fund (to associate themselves with sm), royal manchester five (to sound Britishly foreign, like the soccer team), francswiss (to associate itself with foreign exchange) promising you high... (more...)

Date Scam Exploded: 2002Wealth Damage: P100 billion pyramiding scam, which has victimized at least two million people, including, allegedly, politicians and Cabinet members. In the case of Multitel, unverified reports put the number of investors at 950,000, not including other “layers”... (more...)