The Lawphil Project | Fxclearing.com is a BIG SCAMM WITH FAKE REGISTRATION.
https://www.fxclearing.com/ (FXCL) Markets Ltd. is compensated by the spread. Leverage may increase gains or losses.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. You should make sure you understand the risks involved, seeking for independent advice if necessary.
Registered by the Financial Services Authority (‘FSA’) number 1637 CTD 2018. FXCL Markets Ltd. registered office: Suite 305, Griffith Corporate Center, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines.
Base information about Fxclearing.com Forex SCAM company:
Real adress in Philipines and company name is:
Company Name: Outstrive
Address: 3rd Floor 399 Enzo building, Makati, Philippines
Phone: +1 (347) 891-7520
Top managment of stealer who scam money of clients:
Juan Belleza Jr
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
639776459387 / 639155292409
Lea Jean Belleza
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
Allen Roel Costales
522 Tanglaw St. Mandaluyong City Barnagay Plainview
Sale Team Leader
Unit 1414 Kumagawa Bldg River City Brgy 880 Sta. Ana Manila, Philippines
8137 Yabut Street Guadalupe Nuevo Makati City , Philippines
639175048891 / 639991854086
All of this persons need be condemned and moved in Jail.
!!!!!STOP STEAL Philippines MONEY!!!!!!
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. The Suryagen platform covers the Batam, Bintan, and Karimun islands as well as East Nusa Tenggara province where the majority of the projects that the Puri Usaha Group have been developing are located, with the aim to begin the construction of its first project by 2023. State-run Land Bank of the Philippines led by bankero Cecilia Borromeo has approved P747.9 million worth of loans to local government units in the province of Biliran. The exposure of BDO Unibank Inc. led by bankero Nestor Tan to a company controlled by Davao-based businessman Dennis Uy is secured and a possible default would have no adverse effect on the country’s largest bank. The scheme involves “wash sales” transactions, where the buyer and seller of the stock share a beneficial owner. 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 . In August 2000, the SEC formed a special operations group to investigate the case.
Tinder Forex Scam Or Honey Trap – Finance and Banking #philippines #philippinesscams #lovescams https://t.co/e5kr1WsYAL
— DatingScams101 (@datingscams101) December 25, 2021
It has the broadest range of construction and engineering services, with expertise in the construction of large-scale heavy and light industrial projects, infrastructure, and property development projects all over the world. The following statements relate to the auditor’s responsibility for the detection of errors and fraud. Due to the inherent limitation of the audit, there is a possibility that material misstatements in the financial statements may not be detected. The subsequent discovery of material misstatement of the financial information resulting from fraud or error does not, in itself, indicate that the auditor failed to follow the basic principles and lessen procedures of an audit. State-owned Development Bank of the Philippines headed by bankero Emmanuel Herbosa is extending up to P2.6 billion funding facility to Kiangan Mini Hydro Corp. for the development of the Asin-Hungduan and Ibulao1 mini hydro power projects in Kiangan, Ifugao. In terms of funding energy projects then, Acevedo said RCBC has been focusing on renewable energy since 2012. Rizal Commercial Banking Corp. led by bankero Eugene Acevedo is set to zero out its remaining existing exposure that funded the construction of coal-fired power facilities by 2031.
Tax incentives of renewable energy
This is founded and headed by a Kristofer Paul F. Pasag, aka Kyle Falcon and a Maria Delmar A. Fernandez, aka Thalia Fernandez, who claims to be a business partner of Unlimited Network of Opportunities International Corp. . The court also concluded that the involved transactions did not lead to changes in beneficial ownership. The commission warned that people 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. Meta Trading is luring investors to the scheme through offering passive income, where they can earn “a total of accumulated interest of 550% in just 50 days,” and through its active income programs. 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.
Wash sales operations are sale transactions wherein the buyer and the seller share the same beneficial owner of the stocks. These transactions will not result in changes in beneficial ownership, which is a violation of the Securities Regulation Code’s Section 24.1 . 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 said company claims to be investing in power generation components, from which prospective investors will derive different benefits from in accordance with their chosen investments,” the SEC said in a separate advisory dated Dec. 14. 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.
In the Philippines
Judge Ira Fritzie Cruz-Rojo of Pasig RTC Branch 67 found Yap “guilty beyond reasonable doubt” of violation of the Securities Regulation Code, which prohibits fraud, manipulation and insider trading of any listed company traded in an exchange. In 1999, the local bourse had the biggest scandal in its history with illegal trades and stock price manipulation scam involving BW Resources Corp. Through deceit, manipulation and devious marketing gimmicks, the price of BW surged 1,462 percent within a single year, before the bubble burst and the scam was uncovered. Because of speculations that Macau casino tycoon Stanley Ho will invest in the firm, the shares of BW rose to as much as P12.50 per share by October 1999 from only 80 centavos in January of the same year. Wash sales are illegal because they make it appear that there is active trading and entice traders to buy stocks when, in fact, it is just one broker buying and selling in close intervals. Massdrop Marketing is headed by an Edgar Joseph Tan “EJ TAN”, who claims to be its president, the SEC said.
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. 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. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this https://www.fxclearing.com/ block including submitting a certain word or phrase, a SQL command or malformed data. Early this year, RCBC began offering the first-ever environment-related time deposit in the Philippines through the Peso Green Time Deposit with a low minimum investment amount of P5,000. As of June last year, about 10 percent of the bank’s loan portfolio is eligible under sustainable financing. The listed bank’s coal exposure is amortized every year and will decline until it zeroes out in 2031.
Union Bank of the Philippines head by bankero Edwin Bautista lost the head of its corporate banking segment who tendered his resignation effective next week for personal reasons. 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. 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 SEC said the Francis Leo Marcos Family Club Inc. “is falsely claiming to be registered as a corporation with the SEC and is soliciting donations from the public without any prior registration, license and/or accreditation from the Department of Social Welfare and Development ”. It named 8 other persons as helping Marcos “plead donations from the public, mostly from overseas Filipino workers, for his supposed humanitarian activities”. 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. Davao City—At least 6 more investment scams have surfaced in Mindanao, prompting the Securities and Exchange Commission to warn the public anew to either refrain from or exercise caution in dealing with individuals or organizations soliciting money for “get rich quick” schemes.
It said the lack of registration, license and/or accreditation from both the commission and the DSWD “make the company dubious and susceptible to financial abuse and misuse”. The Llamadista group also promises a 5-percent payout for 42 days or a 210-percent ROI for a minimum investment of P1,000. “No other conclusion may be reached but that these series of trade transactions were executed with the intention of creating a false or misleading appearance of active trading or misleading appearance with respect to the market of BW shares,” the court ruling said. Currently, RCBC is poised to close funding deals on renewable energy projects with a combined capacity of 1.6 gigawatts . This is on top of the 3.06 GW worth of renewable energy projects that the company has already supported since 2012. 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 power generation business of AboitizPower is the second largest in the Philippines in terms of attributable installed capacity. In terms of captive customer connections and energy sales, the second largest , and third largest RES company. “In the time since we have started discussions, we have learned about the tremendous vision the Puri Usaha team has for the renewables industry in Indonesia.
It is a vision that we share, as the country has tremendous potential to continue to grow and expand its renewable energy assets and we are excited about the potential of the Suryagen platform” said Patrice Clausse, Chief Operating Officer of AC Energy International. Elizabeth Coronel, corporate banking group head at RCBC, said the bank is hoping to close these new renewable deals – which are a combination of solar, wind, hydro, and geothermal projects – in the next 12 to 24 months. The court ruled that Yap, as Solar Securities’ compliance officer, had the duty to ensure that the company was compliant with the regulations and legal requirements for its trading transactions. Yap also admitted that he himself executed some of the transactions. 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. “Fake panels or improperly installed panels are serious hazards. They can cause fires and disasters which will result in fatalities.
- Elizabeth Coronel, corporate banking group head at RCBC, said the bank is hoping to close these new renewable deals – which are a combination of solar, wind, hydro, and geothermal projects – in the next 12 to 24 months.
- 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.
- There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
- In December 2020, RCBC became the first local commercial bank to officially end extending financing to new coal-fired power projects, following the Department of Energy’s imposition of a nationwide moratorium on coal.
- Crypto Asset is led by a certain Janus Alfonsus Alvez Tisalona, who acts as the entity’s president and chief executive officer .
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. On top of being unregistered with the commission, both Crypto Asset and Meta Trading are also not registered as virtual asset services providers with the Bangko Sentral ng Pilipinas and both also lack the required Certificate of Authority as a money service business. Crypto Asset is led by a certain Janus Alfonsus Alvez Tisalona, who acts as the entity’s president and chief executive officer . A considerable investment in research and development enables Eurofins to apply the most suitable methods to each specific case when controlling the authenticity of a product.
These were “thinly and/or inactively traded” for less than one peso each from January 1998 to September 1998. THE Pasig City Regional Trial Court Branch 67 has sentenced broker 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. 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. “The money invested will be used by Crypto Asset in its crypto trading through UNLITRADE platform and GPU mining farm activities,” the SEC said in its advisory dated Dec. 14. THE Securities and Exchange Commission flagged four unregistered entities luring the public to participate in their respective investment programs, despite lacking the needed license to collect investments from the public. For more information on solar power systems and solar system installers and experts, click here. Today there are analytical methods available that can be implemented in an effective quality control system to provide some assurance against these fraudulent practices. Authenticity testing is used to detect the addition of ingredients of lower value than those declared. EEI Corporation is pleased to announce the upgrading by the Philippine Contractors Accreditation Board of the category of its license from AAA to AAAA.
When choosing a solar provider, you have to choose carefully and wisely. Make sure you do your research – reputation, reliability, services, value, testimonials, the works. We have been asked to come in and fix solar messes of other companies, but sometimes it is just too late. Don’t make the same mistake,” warned Solaric President Mike De Guzman. Keeping up to date in authenticity testing requires a constant effort of research and development. With money stealers the different types of fraud becoming more and more sophisticated and increasingly difficult to detect by basic analyses since they have often been designed to pass the tests in use, it is essential to resort to advanced analytical techniques to detect the non-compliant products. 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.
- This website is using a security service to protect itself from online attacks.
- It added that it cannot guarantee the recovery of their money already placed on these schemes.
- The commission warned that people involved in unlicensed investment schemes may be prosecuted and held criminally liable under the Securities Regulation Code.
- Through deceit, manipulation and devious marketing gimmicks, the price of BW surged 1,462 percent within a single year, before the bubble burst and the scam was uncovered.
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. We also offer the possibility of setting up a targeted analytical approach and specific data bank to help protect producers from fraudulent imitations of their products or false declarations of geographic origin, notably in the case of PDO certification. As long as trade has existed, economic adulteration of food and beverages has been a subject of concern. Dilution, mislabelling, partial or complete substitution of expensive ingredients are not infrequent practices and can inflict substantial damage on the companies involved if publicised. 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. The Puri Usaha Group was instrumental in the formation of a consortium to participate in the recently announced ambitious cross-border initiative to import renewable energy from Indonesia for the Singaporean market, which is currently being run by the Energy Market Authority of Singapore.
*Information not comfirmed*