A lot of you are aware that I deleted my previous “scam alert” post late last year. Scammers and online fraudsters did not only attack my article but even threatened me and my family. One of the scammers even sent me the complete address and number of my loved ones. That’s how sneaky you are fraudsters.
I hope you are doing great this time, my fraudster reader after hearing and watching the news about the warning from the Securities and Exchange Commission on Emgoldex. I may have paused for a while but there will be many others who will not back down and continue the fight against greedy people like you.
But let’s end that chapter of your story today. You have some stiff competition that we need to pin down as well.
New Scams To Watch Out for in 2015
1) Pacific Tycoon
Here’s one that has been around for a few years already but is ready to prey on the hard-earned money of many Filipinos.
This investment scheme offers a “guaranteed” return of 12 % a year for investors who purchase shipping containers under a sale and leaseback arrangement and potentially more if they choose the “aggressive” investment plan.
This “aggressive plan” depends on the percentage of their containers’ actual net rental income. Provided that at least five containers are purchased, the returns is promised to range from 18% to 38% and are paid monthly.
This scheme’s office is based in Hongkong but there were reports that the scammers behind this group are actually based in Saigon in Vietnam.
We included Pacific Tycoon in this report because it’s slowly creeping into Philippine soil and in places or cities where there are large concentration of OFWs.
There are several warnings already from various authorities in France, Germany, Sweden, and others.
There are some online friends who are asking me how to invest in Pacific Tycoon. I hope this post will give you second thoughts before putting your money into unique schemes like this.
2) Parcel/Package Delivery Scam
The source is still unknown but there are few women OFW’s in the Middle East, particularly in Saudi Arabia and Kuwait, who got “befriended” by a man online and has a “gift package” ready for delivery in their Philippine addresses.
But they can only claim the parcel or package if they deposit or send money to a particular bank account of the man they’ve known and “loved” online.
These scams are worst than those “package delivery malwares” that you receive in your email inboxes.
3) SwissGolden Golden Bullion
This has been included in the Alert article that we posted in late 2014 but got deleted because of those rude threats we received.
But we are posting them again as SwissGolden’s scheme is very similar to what Emgoldex is doing. Even their websites have similarities. Check out SwissGolden and Emgoldex websites.
They both have their respective “online shops” for gold bars/bullion. However, Swissgolden promises more perks and makes Emgoldex offers pale in comparison.
Of course, Swissgolden is not registered as well in the Philippine SEC.
But there are more “gold and precious metal” investment schemes out there and creeping slowly into Philippine soil and within Filipino communities abroad. Beware!
Be protected. Be warned and educated financially by subscribing to BurnGutierrez.Com for FREE.
P.S. 1. Bro. Bo Sanchez has appointed me as a coach for our young and new investors at the TrulyRichClub social site. It’s a fun, learning family with the purpose of “helping good people become rich”. I’m inviting you to join the TrulyRichClub too and email me at burngutierrezblog@gmail.com if you have any questions. Click here to join!
P.S. 2. The 1st Angat Pilipinas Personal Finance Awards has opened the nominations phase for the Blogger of the Year, the Author of the Year, Advocacy Group of the Year, OFW Advocate of the Year, and the Institution of the Year Awards. Got someone in mind? Submit your nominations here!
Hi, It would be more helpful if you could elaborate how they do the scam. I could accuse any company doing the scam but where is the proof? how they do it?. Thanks and more power.