Berkshire takes $377 million charge tied to solar company that U S linked to fraud – Fxclearing.com SCAMMERS!

Top managment of stealer who scam money of clients:

Juan Belleza Jr
Team Leader
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
https://www.facebook.com/theimbachronicler
639776459387 / 639155292409

Lea Jean Belleza
Assistant
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
https://www.facebook.com/lj.r.belleza

James Tulabot
Team Leader
https://www.facebook.com/jamescuzy

Allen Roel Costales
Sale Manager
522 Tanglaw St. Mandaluyong City Barnagay Plainview
https://www.facebook.com/allennicanor.costales
639565914849

Kristoff Salazar
Sale Team Leader
Unit 1414 Kumagawa Bldg River City Brgy 880 Sta. Ana Manila, Philippines
https://www.facebook.com/Kristoff225
639561355764

Xanty Octavo
Sale Manager
8137 Yabut Street Guadalupe Nuevo Makati City , Philippines
https://www.facebook.com/xanty.octavo
639171031948

Virgilito Dada
Account Manager
https://www.facebook.com/potsdada.antonio

Elton Danao
Sale Manager
https://www.facebook.com/eosnyssa
639175048891 / 639991854086

All of this persons need be condemned and moved in Jail.

!!!!!STOP STEAL Philippines MONEY!!!!!!

Under the UBP, a member shall be entitled to the respective package’s maximum UBP income despite of having no recruits. Under this method, a member can earn up to the maximum amount of the UBP. However, a member, may upgrade to a higher package to maximize the profit. Sponsor Profit – a member shall earn profit equivalent to 5%, 3% and 2% of the pairing income earned by the member’s immediate sponsors, respectively.

Enron Corporation was one of the largest integrated natural gas and electricity companies in the world. It marketed natural gas liquids worldwide and operated one of the largest natural gas transmission systems in the world, totaling more than 36, miles. It was also one of the largest independent developers and producers of electricity in the world, serving both industrial and emerging markets. Enron was also a major supplier of solar and wind renewable energy worldwide, managed the largest portfolio of natural gas-related risk management contracts in the world, and was one of the world’s biggest independent oil and gas exploration companies. In North America, Enron was the largest wholesale marketer of natural gas and electricity. Enron pioneered innovative trading products, such as gas futures and weather futures, significantly modernizing the utilities industry. After a surge of growth in the early 1990s, the company ran into difficulties. The company folded after a failed merger deal with Dynegy Inc. in 2001 brought to light massive financial finagling. The company had ranked number seven on the Fortune 500, and its failure was the biggest bankruptcy in American history.

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Subject lines such as “URGENT” or tonality that is rushing you into making a decision about the investment offer may be dubious. Ideally, investment companies would always be mindful, professional, courteous, and calm when communicating with potential investors. Unlike scammers, they are not trying to scare investors into doing anything rash. GHI is operated by a Vencint O. Canal, who claims to be its chief executive officer, and a certain Shunan Mae Cemene, the company’s corporate secretary. The company promises GHI partners a “return on investment ” equivalent to 23 percent to 27 percent for a minimum investment of P10,000 per slot for a period of 6 months.

The SEC said these companies have been soliciting investments from the public without the necessary licenses. It said the G-Harvest Inc./Great Harvest Inc. and the Massdrop Marketing are operating in the Davao Region, Soccsksargen and Maguindanao Province. BW shares continued to rally despite the company incurring losses of P10.84 million in 1999. By May 1999, the trading price of BW stocks was at P6.60 apiece, increasing daily by nine percent. At the start of 1999, shares in BW at the Philippine Stock Exchange were being traded for 80 centavos each. These were “thinly and/or inactively traded” for less than one peso each from January 1998 to September 1998. In August 2000, the SEC formed a special operations group to investigate the case. The section also prohibits “false or misleading appearance of active trading” in listed securities.

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Spotting such attempts is possible, if you know what you are looking for. “We are reminding the public to exercise caution when dealing with individuals or groups soliciting investments for and on their behalf,” the SEC said. It added that it cannot guarantee the recovery of their money already placed on these schemes. Another group, the Project 1.8 Financial Program, purportedly “aims to help the public, particularly government employees, earn additional income and achieve debt clearance. This would be accomplished allegedly through the investor’s registration/membership with UNO, purchase of a package of UNO products, and referral/recruitment of new members”. The case is the SEC’s fifth conviction under the SRC since it was enacted in 2000, with previous convictions involving fraudulent investment scams. “Shares in the company steadily increased in that year and by October, BW shares had reached a price of P12.50 each, the same time as when Solar Securities executed its wash sale transactions,” the SEC said. “Solar Securities’ transactions were wash sales not only because the broker FXCL age was both the buyer and the seller in all the 71 buy order and 71 sell order transactions, but also because the offers and bids were made at very close intervals,” the SEC said. Meanwhile, Clearway Energy and Shopee888 were flagged by the SEC as having investment programs that resemble a “Ponzi scheme.” The regulator said investment programs under the scheme are not registrable security. Solaric has established its name across the renewable industry as a proven and reputable rooftop solar leader.

In the Philippines, such solar scammers are known as “guerilla installers” of solar panels. The questionable quality of the panels is the ultimate problem, and the public has been warned by the Department of Energy about engaging with such suppliers. There are many other signs that indicate the illegitimate or scam nature of a company. It is best to always do your due diligence when engaging a company for its services. Promoters discourage investor from cashing out his investment and encourages the rolling over of the investment and/or infusing more money.

As the details of the accounting frauds emerged, Enron went into free fall. Fastow was fired, and the company’s stock price plummeted from a high of $90 per share in mid-2000 to less $12 by the beginning of November 2001. BW is a company of Dante Tan, a crony of former president Joseph Estrada, and was hyped as a listing vehicle for Estrada’s various business interests, particularly in gaming and property development. At the height of the bubble, trading in BW shares accounted for as much as half of total market turnover. The scheme led BW shares to trade from P2 at the start of 1999 to a high of P107 in October of the same year, representing a 5,250% increase, according to a paper published in the Center for Integrative and Development Studies of the University of the Philippines Diliman. Pasig City Regional Trial Court Branch 67 found Johnny Yap of Solar Securities guilty beyond reasonable doubt of manipulating the market in illegal trade transactions involving stocks of then-listed firm Best World Resources Corporation . Naturally, high-yielding investment opportunities are hard to resist especially if you have a decent amount of cash, such as your mid-year bonus, just sitting around in your payroll account.

The decision came 22 years after the Securities and Exchange Commission filed a complaint involving the trading of the stocks of the then-listed company Best World Resources Corp. . THE Pasig City Regional Trial Court Branch 67 has sentenced broker FXCL Johnny S. Yap, former president, sales manager, and director of Solar Securities, Inc., to 14 years of imprisonment and was ordered to pay P1 million for a “reprehensible” market manipulation. The commission warned that people money stealers involved in unlicensed investment schemes may be prosecuted and held criminally liable under the Securities Regulation Code. They may be fined a maximum of P5 million and/or a penalty of 21 years of imprisonment. Ponzi schemes work in favor of top recruiters and those who invested earlier in the scheme. The money from new investors is used to pay the “fake profits” of old investors. For more information on solar power systems and solar system installers and experts, click here.

IT SECURITY LEAD – BINAN AND SAN PEDRO

A stock broker FXCL was sentenced to 14 years in prison and fined P1 million for the country’s largest market manipulation scandal done way back in 1999. PNoy was quoted as saying, in regard to the investigation of the Robredo death, that if only the government agencies had done what they were supposed to do with respect to regulation and monitoring and implementing of the civil aviation rules, then Jesse Robredo would be alive today. Well the same thing can be said with regard to the latest Ponzi scheme. If only the government agencies and officials had done what they were supposed to do, then the Filipino investor would have been protected from Aman scheme would not have succeeded. Rather, the government should have made sure that they are protected from the financial predators. Unfortunately, it seems that in this case, the government, through sins of omission and commission, not only did not protect the citizen, but helped the predators. If the news reports are to be believed, something like ₱12 billion was the amount bilked from our local “suckers” by the operation, which apparently started in Pagadian City, Zamboanga del Sur sometime in February this year, and then spread to three other provinces in Mindanao. Regulators are once again found sleeping on the job, and it may take months or years before the AR caper is resolved. Investor confidence in the stock market has suffered anew, with hopes of recovery no better than relief from the COVID-19 pandemic.

However, consumers initially were not enthusiastic about natural gas as a heating fuel, but its low cost led to its acceptance during tough economic times. High unemployment brought the new company a ready supply of cheap labor to build its pipeline system. In addition, the 24-inch steel pipe, which could transport six times the amount of gas carried by 12-inch cast iron pipe, had just been developed. Northern grew rapidly in the 1930s, doubling its system capacity within two years of its incorporation and bringing the first natural gas supply to the state of Minnesota. It is to be noted that the BW Resources scandal led to various reforms in the local stock market, so that the bourse will no longer be hit by similar financial debacles. One of these changes is the transformation of the Philippine Stock Exchange from an exclusive old boys’ club to a listed public corporation. The court ruled that Solar had undertaken 142 counts of “wash sales,” or transactions wherein the buyer and seller of the stock share an owner, for the purpose of creating “false and artificial appearance of stock market activity in the volume and price” of BW. In 1999, the local bourse had the biggest scandal in its history with illegal trades and stock price manipulation scam involving BW Resources Corp.

Clearway Energy is not registered with the commission and it also lacks the needed license to collect investments from the public. The regulator also noted that its investment program indicates that it is an “advance-fee scam,” where a person promises a big amount of money in exchange for a small payment. At Solaric, we appeal to Filipino sensibilities of approachability, service and value. We determine the best ways to maximize your return on a hard-earned investment. We present different strategies to ensure that you achieve your solar goals. We want to ensure reduced expenses and increased savings so that you make that one-time wise business and environmental investment. We always do our best to deliver fast, efficient, and thorough customer service. We are in the business of not just selling solar panels – but also enabling solar-powered lifestyles. With this, we want to provide endless satisfaction by delivering Solaric Service Satisfaction, ranging from permanent reduction of electric bills to the ultimate ZERO bill. EEI Corporation is recognized as one of the leading construction companies in the Philippines, known for the quality of its work and the excellence of its workforce.

Maybe the multichannel strategies have an influence on retail in some degree. Retail shrinkage increased globally in 2009, as shoplifting was on the rise during the economic recession. To minimize losses due to shrinkage, retailers have adopted a variety of practices, including training staff, adopting relevant theft-prevention technologies and carefully managing the goods receipt process. With retail shrinkage showing no signs of abating, even with the gradual recovery of the retail industry, retailers will need to continue looking for newer ways to tackle this issue. AboitizPower was incorporated in 1998 and has grown to become a leader in the Philippine power industry with interest in a number of privately-owned generation companies and distribution utilities. Several of Enron’s executives were charged with conspiracy, insider trading, and securities fraud. Lay, Enron’s founder and former CEO, was convicted on six counts of fraud and conspiracy and four counts of bank fraud. We offer a wide range of Unit Investment Trust Funds providing you access to local and global investment strategies depending on your goals, needs and risk profile.

What is the latest SEC advisory on BOSS Network?

While adopting such multichannel strategies may create bottlenecks in efficiently integrating various supply chains, retailers must invest in multichannel retailing, as consumer preference for multichannel options will only increase in the future. The advisory defines the activities behind the scheme, and advises the public to take precaution in joining or investing in these groups. The historic project, which aims to build renewable power in Indonesia and export the power to Singapore via a subsea cable will be the first project the Suryagen platform intends to develop. EEI Corporation is pleased to announce the upgrading by the Philippine Contractors Accreditation Board of the category of its license from AAA to AAAA. The PCAB is the implementing board of the Construction Industry Authority of the Philippines under the Department of Trade and Industry which regulates the construction industry in the Philippines.

*Information not comfirmed*