Tag Archives: anti-scam unit

DABAWENYOS lose P10M to Repa Paluwagan investment scam

SEC-Davao warns public vs. new ‘fraudulent’ money scheme

DAVAO CITY – The Securities and Exchange Commission (SEC) in Davao has warned the public on Wednesday against investing in the new money scheme called Repa Paluwagan.In a statement, the SEC-Davao clarified that the operation of the entity is a “Ponzi Scheme,” an investment fraud… Read More