Global Money & ECC Livelihood Scandal, What Now?

Global Money UnlimitedGlobal Money Unlimited is Operating Illegally and a Big Scam. Read more ... » and ECC Livelihood Services in cooperation with the Caceres Lending InvestorGlobal Money Unlimited is Operating Illegally and a Big Scam. Read more ... » Co., was aired last Saturday on Imbestigador, GMA 7, a Saturday night progam.

According to the report, Global MoneyGlobal Money Lending and Networking Opportunities: A Money Making Idea. Read more ... » and ECC has committed mistakes with regards to their legalities and other issues. Global Money is not registered in SEC and has no authority to operate neither has a permit to operate as lending entity nor to collect investments from any people.

I previously mentioned here about the SEC advisory about Global Money and many of us reacted about the said issue.

The issue was exposed over the public television and a lot of already people are hoping to take their investments (1k for members, at least 500k for investors) back from the said illegal company.

When the issue of legality of this company was released by the Securities and Exchange Commission (SEC) on March 6, 2012, many of us had said that it was just a gimik and was done by people who want to sabotage the company and to pin down the said “legitimate” company that would be the “Hope” of every Filipino family.

Many of us had fought for the company. Behind the goodness of the founder had shown in the public, there is something fishy inside most especially in the company’s management and staff.

Even before the scandal was exposed over the national television last Saturday, the company’s account, Anna Quizo, had been fired by the CEO, Mr. Ed Caceres according to her posts on FB and she is now against the company.

After all these things that many Filipinos (senior citizens, kids, etc.) have invested their time, money, and everything just for the benefits promised by the founder, what now? Would they still hope the promises written on the water?

There are irregularities in the company most especially in their IPI insurance account that was also mentioned in the report and Mr. Ed Caceres issued bounced check for the second time and it was considered a crime already.

What would you do now? The case is not yet over and the investigation will still continue as Mr. Ed Caceres must answer all these things to clear his name from any shame this scandal that he had made.

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About Eldie Roberto

Bob is an Internet Marketer, Blogger, a former School Administrator and Tutor, and Business minded person who wants to bring all the business ideas together. You can take a look at his best business ideas(http://www.my1businessidea.info) site where he writes everything he knows about business ideas and also he gathers the best business ideals from around the world.

7 thoughts on “Global Money & ECC Livelihood Scandal, What Now?

  1. Are you sure about this allegations against ECC-LSS inc.? Do you practically know the whole story about the issues to come up with this lame report to the public? Whoever is behind this article, are you ready to face the consequences for posting such writing without knowing every fact and information about it???? Crap!

  2. just a piece of advice to whoever is behind these article. Please make sure of your accusations otherwise you don’t have any idea about the price you have to pay for these allegations you’ve written here or you might be out of the heat and be into the fire. If you can’t stand the heat then get out of the kitchen!  Be careful!

  3.  @CherryGraceAlday My opinion was also based on the reports I saw and from the information from the company’s accountant. If there is misinformation in this article, I apologize for writing about it.
     
    Please read Ms. Anna’s posts on FB.

  4.  @MarinorzPilar Ma’am. I am not accusing anybody. Just saw the report about this and I also read the comments and other information about the issue. I do respect your opinion about this article but please also give my right to share the information I heard. Yes, the issue is still open for clarifications and Mr. Ed has not yet said his side about this issue so for now, let us wait for it. Apologies if you did not like this write up.

  5.  @BradTwet Hello Brad. This is not for the traffic. Actually, I am not getting more traffic for this post but just to express and share the information I heard and watched on TV.

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