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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