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To help protect celebrity endorsers from being dragged into illegal investment scams, Senator Robin Padilla has filed a bill penalizing such illegal activities. Padilla’s Senate Bill 2889 aims to prevent a repeat of what happened to actress Nerizza “Neri” Naig-Miranda, who was arrested for alleged syndicated estafa and violations of the Securities Regulation Code. “Recent […]
Rizal 2nd District Rep. Fidel Nograles said the government should double its efforts to promote financial literacy amid an increase in reports of scams during the pandemic, with the Securities and Exchange Commission revealing that it has issued 68 advisories regarding questionable investment offers during the ongoing public health crisis. In separate advisories, the SEC […]