Aman Future Trading on Pagadian City

[Monseratto]

[glenn manikis]

One Aman investor tried to recover his/her lost money by investing in another pyramiding scheme called Visioneer 20/20 and it also went bust

Ito ang tanga

:hysterical:

hindi tanga yun... ESTAPADOR YAN...

alam na alam nya na lokohan lang pero pinasok pa din nya....

[uls]

it was easy to tell Aman is a scam

Aman claimed to invest in futures. wala naman futures trading dito

if they're investing in futures Aman should have an account at a foreign broker. so Aman would require investors to wire money to a foreign bank account

how can Aman guarantee those kinds of returns? ganyan kagaling traders ng Aman? even Goldman Sachs traders arent that good

and why is the office of an investment fund located in a rented house in Pagadian? why not Singapore or HK?

warning signs yan eh

people ignored warning signs

[uls]

One Aman investor tried to recover his/her lost money by investing in another pyramiding scheme called Visioneer 20/20 and it also went bust

Ito ang tanga

i think she knows what she's doing

gusto niya bawiin yung natalo niya sa Aman

200,000 yata natalo sa Aman so 200,000 nilagay niya sa 20/20 thinking she can double her money before 20/20 collapses

wrong bet

[peejay_07]

or people didn't know those were warning signs...or too ignorant or naive...hindi man lang siguro nagtanong tanong or nag iisip isip. basta nakakita ng mga nag earn, ayun sumali na rin

warning signs yan eh

people ignored warning signs

[chua_riwap]

Kamusta na kaya si vj_ferdie ngayon? Nakabili ba siya ng Monty Sport at Ipad with his Aman earnings?

Last i heard of him is nasa Mental na siya........:rofl:

[uls]

or people didn't know those were warning signs...or too ignorant or naive...hindi man lang siguro nagtanong tanong or nag iisip isip. basta nakakita ng mga nag earn, ayun sumali na rin

so all Aman had to do was double the money of some investors and everyone rushed to hand over their money to Aman

[CVT]

like network marketing all you have to do is to make SOME people rich and you can draw in large number of people

Aman made some people rich which convinced other people to join

tapos may mga politician pa sumali

inisip ng mga tao kung politician sumali imposible scam yan

like at Multitel's inauguration meron mga senators present which gave Multitel an image of legitimacy

Iyan ang isa pa sa mga "habulin" nila,- iyang mga yumaman... Puwede ring kasama rito si bro.vj_ferdie....

E iyong perang iniyaman nila,- parte pa rin iyan ng pera ng mga "naloko"....

17.5K:bruce_lee:

[chua_riwap]

Sabi ni mayor co, may mga eoplano at chopper pala yang si amalillo.......

[CoDer]

or people didn't know those were warning signs...or too ignorant or naive...hindi man lang siguro nagtanong tanong or nag iisip isip. basta nakakita ng mga nag earn, ayun sumali na rin

Precisely the reason why they targeted people from south.

[CoDer]

Sabi ni mayor co, may mga eoplano at chopper pala yang si amalillo.......

Yan si mayor di ignorante yan kasma yan sa kalokohan.

[timrev]

ang dami tuloy nag mumukang tanga sa pagadian at sa ibang pang lugar na madaming naloko kawawa naman sila

[uls]

hehe

it's a little too late for that


----



what happens when billions of pesos evaporate from a small economy like Pagadian?

http://www.philstar.com/opinion/2012...dity-and-greed

As seen in Pagadian, street commerce was immediately affected by the Aman Ponzi scheme. A Pagadian fruit vendor said that it looked like money suddenly disappeared in Pagadian. When your fruit sellers are seeing their produce rot on the shelf, expect a major economic dislocation to happen that will cause economic instability, disorder and dangerous situations. Already the PNP (Philippine National Police) expressed fear of a crime wave happening in Pagadian as an effect of the Aman Ponzi scheme. Simply because of a Ponzi scheme, erstwhile peaceful Pagadian is now marked as a potential high crime area to watch.

http://newsinfo.inquirer.net/308268/...am-ground-zero

PAGADIAN CITY—Just two months ago, the small Internet café in San Pedro village here, a kilometer from the abandoned office of Aman Futures Group Phils. Inc., was bustling with life, with customers keeping its 10 computer units humming.

Today, the cubicles are empty and the business seemingly doomed, no thanks to the Aman Futures pyramid scam that sucked the savings of this city’s residents.

“I am folding up by December if business does not pick up,” said the café’s owner Andres who, like most people interviewed on the scam, preferred to be identified only by their first name. “I am bleeding from the electricity and rental costs,” he said tearfully.

Since the investment scheme went bust, Andres said very few have come to his Internet shop to play online games, do research and print documents.

tulala mga tao

http://business.inquirer.net/93176/t...e-in-aman-scam

In Pagadian City, where no less than its mayor has been accused of complicity in the Aman scam, a reader said that… “if you were to walk the streets of Pagadian today, you will find a lot of semi-catatonic individuals.

“What hit them was worse than any Ondoy or Sendong. With these natural disasters you could at least rebuild. But when you have absolutely nothing left, what then?

“So now because of the greed of this Aman and his cohorts, the economies of small cities in Mindanao will greatly suffer. Already it has claimed one life by suicide.”

[1997]

ganyan mag malasakit ang mga politician natin dito.. puro deny na lang ng deny... kung ang mga actor/actress tumatakbong politician, ang mga politician nagiging actor/actress pag nahalal na...

[Monseratto]

Aman Futures scammer went on a luxury car-shopping spree - News | TopGear.com.ph

Aman Futures scammer went on a luxury car-shopping spree
By Vernon B. Sarne — 23 Nov 2012


Aman Futures Group founder Manuel Amalilio, who reportedly fled the country after swindling P12 billion from "investors" in his pyramid scam, had been to Metro Manila a few times to purchase several luxury vehicles, sources within the auto industry have told us.

Amalilio, a Filipino-Malaysian, victimized thousands of people from Pagadian, Cagayan de Oro and Cebu. He lured unsuspecting clients into "investing" in his business with the promise of a windfall in just a short period of time. What started with the common folk--tricycle drivers, teachers, office employees--made its way up to moneyed members of the government and business elite. It now looks like this was the game plan all along.

Apparently, giving his big-time investors multimillion-peso cars was part of Amalilio's gimmick. The car-buying spree gave him a cloak of credibility, stability and power.

"The cars he bought from us were delivered to his investors/victims," said one of our sources who requested anonymity. "I think the cars formed part of the income that the investors/victims were supposed to earn from their investments. One unit went to his wife."

Amalilio would walk into a luxury showroom wearing only casual clothes. He would then launch into his grand spiel about how he was the economic godfather of Pagadian, our sources told us. And then he would begin car-shopping like he was buying bars of soap from a supermarket.

"He would just stay in one corner and point at random models," recalled one source. "If he felt he liked one car--even from a distance--he'd take it, without even bothering to check out its specs and features."

It turned out Amalilio's car-shopping was a two-edged sword. First, it was designed to convince his big-time investors to put more money into his Ponzi scheme, and then to attract more investors since word about his automotive generosity would surely spread like wildfire. But second, it was also meant to ultimately hoodwink the premium dealerships he was buying the cars from.

In his initial transactions with a dealership, for instance, he would pay cash right away. After a few cash purchases, he would naturally win the complete trust of the dealer principal, subsequently allowing him to pay with post-dated checks for his next orders. This is how he managed to acquire several expensive luxury cars that--up to the time he left the country--had not been fully paid.

Our sources refused to tell us the exact number of unpaid cars, but said they had recovered most of these already with the help of authorities.

One thing is for sure: It's not just the tricycle drivers of Pagadian who can't wait to get their hands on Manuel Amalilio.

[Monseratto]

Ito beats the cake since mga elitist ang naloko dito...Hangang ngayon ni kusing walang nabawi.

Performance Investments Products Corp. (PIPC) scam
July 25, 2007

FrancSwiss out, PIPC in.

Just as the FrancSwiss scam issue is showing signs of fizzling out, a new scandal has rocked the financial sector involving a Singaporean and hundreds of wealthy Filipino investors.

Last week, an investor of the foreign exchange trading firm Performance Investments Products Corporation (PIPC) filed a complaint with the NBI claiming that the owner of the company, Singaporean Michael H.K. Liew, has fled the country and disappeared, supposedly taking with him between US$140 million and US$250 million of investors’ funds.

PIPC is part of the Performance Group of companies, whose website lists a Singapore subsidiary, Performance Asset Management, and branches in Japan, South Korea, China and Switzerland. The company, according to reports, is owned by Mr Liew.

The head of the Philippine Securities and Exchange Commission (SEC) was quoted as saying that although PIPC was registered with regulators, it was not an authorised foreign-exchange trading firm.

SEC chairman Fe Barin said the commission has been ‘quietly investigating’ PIPC after complaints from investors.

Mr Liew set up the Philippine company as an online forex trading service in 1998. He has not been publicly associated with any previous alleged financial irregularities.

But a good deed got him mentioned.

Mr Liew was the principal donor to the renovation of part of the obstetrics and gynaecology wing of the Philippine General Hospital in Manila. He led the ribbon-cutting at the inauguration last August and was presented with a plaque for his philanthropy.

The hospital’s website said Mr Liew dedicated the project to the memory of members of his family who perished in Phuket, Thailand, in the December 2004 tsunami.

PIPC’s offices are located at Citibank Towers in the capital’s financial district of Makati, which is a top business address here.

[basti08]

ewan ko bakit kasi merong mga gahaman na nasisilaw sa sobrang malaking interest. kung nag-iisip kang tao, walang investment ang nag yi-yield ng ganung kita na legit. yan tuloy, nakakaawa lang yung mga biktima. tsk tsk

[uls]

me:

umpisa palang ng thread na ito i had a feeling the scam wouldnt last long

coz by the time umabot na dito sa tsikot sigurado the scam has already been operating for months

malaking pera na involved dyan

from the beginning palang may exit plan na ang mastermind. it's only a matter of time he leaves the country. he has already set aside a big amount for himself. the rest pinapaikot nalang niya para di magduda mga tao

then he leaves the country and the scam is left to collapse

http://www.abs-cbnnews.com/nation/11...d-out-malaysia

MANILA, Philippines – Aman Futures Group cashed out almost half a million pesos everyday from an account in Malaysia when they started earning billions from investors, Pagadian Mayor Samuel Co said Tuesday.

Co said the daily withdrawals placed the investment group under the radar of the Anti-Money Laudering Council.

"Everyday they are outing P300,000-P400,000 a day. Nasa Malaysia ang mga pera ni Aman,” he said.

[basti08]

nag reply na ba yung ts, si basti08? read from the 1st place na client nya yung nag-aaya sa kanya. asan na kaya yung client nya?

hindi sumali dun. di ako tanga, i-nenegosyo ko na lang pera ko. dami pwede pag lagyan di sa ganyang scam babagsak ang pera ko haha!

yung client ko nalagasan, pero di naman mag hihirap yun. yun lang di ko masabihang tanga tanga nya. isa sa big client ko sya sa pagadian

[Gerbo]

Most the middle class that had "invested" in it was attracted by the promise of cars and SUVs that comes with it.