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INSTEAD of going after delinquent employers, the Social Security System (SSS) has changed its approach to encourage them to seek assistance from their respective SSS offices on how to fulfill their obligations. This, after the SSS noticed a significant number of employers, particularly in Cebu and Bohol, have yet to register their businesses under SSS in 2023.In a press conference on Wednesday, March 20, 2024, Alberto Montalbo, head of SSS Visayas Central 1 Division, discussed the rebranding of their “Race” campaign. Previously defined as “Run Against Contribution Evaders,” Race now stands for “Relief Afforded to Challenge Employers.”Montalbo said the campaign rebranding that began in 2022 and will be further strengthened in 2024, has produced more positive results than the previous Race campaign.He said the campaign aims to encourage more investors to venture, especially in Cebu, and to alleviate their fear towards SSS.Installment Montalbo said the SSS is planning to allow employers to pay their unpaid contributions through installments.This will enable employers to pay at least five percent of their total computed delinquency as downpayment. The duration of the installment payment will be assessed based on the employer’s total amount of delinquency and penalties.The new payment scheme could last up to 24 months or two years. Employers are advised to prioritize remitting SSS contributions for employees who highly need SSS benefits while availing of installment payments.Delinquents Unesco Pacarro Jr., head of the SSS legal department, reported during the press conference that around 193 employers were targeted by the Race campaign in the provinces of Cebu and Bohol in 2023.Of this number, 65 were discovered to have failed to register their businesses under SSS, 40 fully paid their delinquencies, 10 chose to partially pay their unpaid contributions, and five were found to have closed their companies.As a result of the Race campaign, an estimated P36 million worth of unpaid contributions or delinquencies from employers were recorded.Montalbo said as of March, the SSS already collected P30 million of the P36 million unpaid contributions from employers.Criminal cases for violation of Republic Act 1161, or the SSS Law, were also filed against nine out of the 193 employers; while the rest of the employers availed of installment, restructuring, and condonation programs offered by SSS to settle their contribution disputes.Employers who violate the SSS law may be fined up to P500,000 or face a minimum of six months imprisonment, or both, depending on the court’s decision. The law requires employers to register their business under SSS, report their employees from the first day of their employment, and pay their contribution a month after employment.Race 2024From January to March 2024, 56 employers were subjected to Race operations in the cities of Cebu, Mandaue, Lapu-Lapu and Talisay.The operations recorded roughly P9.6 million in delinquencies and also identified non-SSS registered companies.On Wednesday, a simultaneous Race operation was conducted across five SSS branches in the cities of Cebu, Mandaue, Lapu-Lapu, Talisay and the Cebu-North Reclamation Area.The operation found that a computer supplier company based in Mandaue was the most delinquent with 17 employees, surpassing P1 million in SSS delinquencies since 2019.The SSS ended the press conference by reminding employers to prioritize their employees’ future by providing them with SSS benefits.The SSS said this would be advantageous to the company in the long run, as it would encourage employees to stay and perform their best for the company. / HIC What app can earn money in Philippines? Philippines AGENTS from the National Bureau of Investigation (NBI) National Capital Region (NCR), along with members of the Securities and Exchange Commission (SEC) NCR and Cebu, raided on Thursday night, Feb. 22, 2024, a business establishment in Cebu City that allegedly engaged in fraudulent activities.In an interview with SunStar Cebu on Friday, Feb. 23, Garry Ruiz, special investigator of NBI NCR, said they started looking into Fergus Inc. last November after they were informed by IFW Global, a private investigation agency in Australia that specializes in financial fraud and asset recovery, about its alleged anomalous transactions.Ruiz said IFW Global represents four Australian nationals who claim they lost 1.2 million Australian dollars, or around P43 million, to the company.The NBI NCR did not provide specific details regarding the complaint. Ruiz explained that instead of seeking assistance from the police, most Australians go to a private security firm if they fall victim to financial fraud.He said Fergus Inc., which has two locations in Cebu City, operates a boiler room that entices foreign clients to invest in stock shares, commodities and cryptocurrency. A boiler room, according to investopedia.com, “is a place or operation—usually a call center—where high-pressure salespeople call lists of potential investors (‘sucker lists’) to peddle speculative, sometimes fraudulent, securities. Sucker lists identify victims of previous scams.”He said they first raided Fergus Inc.’s office inside a building at the Cebu IT Park past 10 p.m. on Thursday, where they found four computers. When they checked the computers, he said they didn’t find anything that would indicate anything illegal. However, the computers suddenly shut down after 20 minutes.Ruiz said there was probably remote access to the computers.The raiding team proceeded to the second location in Barangay Kalubihan on Friday, where they found several computers and around 20 employees.Ruiz said they arrested a foreign national whom they believed to be the manager and brought him to the NBI 7 office for questioning.SunStar Cebu is withholding the name of the individual pending the filing of charges against him.Ruiz said he believes the second location is the “conversion room” where victims are initially enticed to part with their money.“This is the start of victims being defrauded,” he said.Online opportunitiesRuiz said Fergus Inc. posts financial investment opportunities online. When someone makes an inquiry, that person is immediately contacted by a call agent from the firm, he said.He said Fergus Inc. provided its call agents with scripts and taught them techniques to convince a person to invest.The usual line includes telling potential victims they are making a mistake on missing out on a possible lucrative investment, he said.“So now maliliwanagan yung client kasi magaling magsalita (So now the client will be enlightened because the call agents are very good with words),” Ruiz said.He said Fergus Inc. uses Voice over Internet Protocol, a technology that uses broadband internet connection to make voice calls instead of a regular or analog phone line, to contact clients.He said a client has to shell out US$250 or around P14,000 to be shown the portfolio. Once the client is enrolled, he or she is referred and transferred to call agents at Fergus Inc.’s office at the Cebu IT Park.Ruiz said the foreign national they arrested underwent an inquest proceeding, and was later released.He said they were waiting for the case to be disposed.He said the foreign national and others allegedly involved may be charged with violating Section 11 of Republic Act 11765, or the Financial Products and Services Consumer Protection Act, for committing investment fraud.

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AGENTS from the National Bureau of Investigation (NBI) National Capital Region (NCR), along with members of the Securities and Exchange Commission (SEC) NCR and Cebu, raided on Thursday night, Feb. 22, 2024, a business establishment in Cebu City that allegedly engaged in fraudulent activities.In an interview with SunStar Cebu on Friday, Feb. 23, Garry Ruiz, special investigator of NBI NCR, said they started looking into Fergus Inc. last November after they were informed by IFW Global, a private investigation agency in Australia that specializes in financial fraud and asset recovery, about its alleged anomalous transactions.Ruiz said IFW Global represents four Australian nationals who claim they lost 1.2 million Australian dollars, or around P43 million, to the company.The NBI NCR did not provide specific details regarding the complaint. Ruiz explained that instead of seeking assistance from the police, most Australians go to a private security firm if they fall victim to financial fraud.He said Fergus Inc., which has two locations in Cebu City, operates a boiler room that entices foreign clients to invest in stock shares, commodities and cryptocurrency. A boiler room, according to investopedia.com, “is a place or operation—usually a call center—where high-pressure salespeople call lists of potential investors (‘sucker lists’) to peddle speculative, sometimes fraudulent, securities. Sucker lists identify victims of previous scams.”He said they first raided Fergus Inc.’s office inside a building at the Cebu IT Park past 10 p.m. on Thursday, where they found four computers. When they checked the computers, he said they didn’t find anything that would indicate anything illegal. However, the computers suddenly shut down after 20 minutes.Ruiz said there was probably remote access to the computers.The raiding team proceeded to the second location in Barangay Kalubihan on Friday, where they found several computers and around 20 employees.Ruiz said they arrested a foreign national whom they believed to be the manager and brought him to the NBI 7 office for questioning.SunStar Cebu is withholding the name of the individual pending the filing of charges against him.Ruiz said he believes the second location is the “conversion room” where victims are initially enticed to part with their money.“This is the start of victims being defrauded,” he said.Online opportunitiesRuiz said Fergus Inc. posts financial investment opportunities online. When someone makes an inquiry, that person is immediately contacted by a call agent from the firm, he said.He said Fergus Inc. provided its call agents with scripts and taught them techniques to convince a person to invest.The usual line includes telling potential victims they are making a mistake on missing out on a possible lucrative investment, he said.“So now maliliwanagan yung client kasi magaling magsalita (So now the client will be enlightened because the call agents are very good with words),” Ruiz said.He said Fergus Inc. uses Voice over Internet Protocol, a technology that uses broadband internet connection to make voice calls instead of a regular or analog phone line, to contact clients.He said a client has to shell out US$250 or around P14,000 to be shown the portfolio. Once the client is enrolled, he or she is referred and transferred to call agents at Fergus Inc.’s office at the Cebu IT Park.Ruiz said the foreign national they arrested underwent an inquest proceeding, and was later released.He said they were waiting for the case to be disposed.He said the foreign national and others allegedly involved may be charged with violating Section 11 of Republic Act 11765, or the Financial Products and Services Consumer Protection Act, for committing investment fraud. How do I place a bet?

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How do I place a bet? INSTEAD of going after delinquent employers, the Social Security System (SSS) has changed its approach to encourage them to seek assistance from their respective SSS offices on how to fulfill their obligations. This, after the SSS noticed a significant number of employers, particularly in Cebu and Bohol, have yet to register their businesses under SSS in 2023.In a press conference on Wednesday, March 20, 2024, Alberto Montalbo, head of SSS Visayas Central 1 Division, discussed the rebranding of their “Race” campaign. Previously defined as “Run Against Contribution Evaders,” Race now stands for “Relief Afforded to Challenge Employers.”Montalbo said the campaign rebranding that began in 2022 and will be further strengthened in 2024, has produced more positive results than the previous Race campaign.He said the campaign aims to encourage more investors to venture, especially in Cebu, and to alleviate their fear towards SSS.Installment Montalbo said the SSS is planning to allow employers to pay their unpaid contributions through installments.This will enable employers to pay at least five percent of their total computed delinquency as downpayment. The duration of the installment payment will be assessed based on the employer’s total amount of delinquency and penalties.The new payment scheme could last up to 24 months or two years. Employers are advised to prioritize remitting SSS contributions for employees who highly need SSS benefits while availing of installment payments.Delinquents Unesco Pacarro Jr., head of the SSS legal department, reported during the press conference that around 193 employers were targeted by the Race campaign in the provinces of Cebu and Bohol in 2023.Of this number, 65 were discovered to have failed to register their businesses under SSS, 40 fully paid their delinquencies, 10 chose to partially pay their unpaid contributions, and five were found to have closed their companies.As a result of the Race campaign, an estimated P36 million worth of unpaid contributions or delinquencies from employers were recorded.Montalbo said as of March, the SSS already collected P30 million of the P36 million unpaid contributions from employers.Criminal cases for violation of Republic Act 1161, or the SSS Law, were also filed against nine out of the 193 employers; while the rest of the employers availed of installment, restructuring, and condonation programs offered by SSS to settle their contribution disputes.Employers who violate the SSS law may be fined up to P500,000 or face a minimum of six months imprisonment, or both, depending on the court’s decision. The law requires employers to register their business under SSS, report their employees from the first day of their employment, and pay their contribution a month after employment.Race 2024From January to March 2024, 56 employers were subjected to Race operations in the cities of Cebu, Mandaue, Lapu-Lapu and Talisay.The operations recorded roughly P9.6 million in delinquencies and also identified non-SSS registered companies.On Wednesday, a simultaneous Race operation was conducted across five SSS branches in the cities of Cebu, Mandaue, Lapu-Lapu, Talisay and the Cebu-North Reclamation Area.The operation found that a computer supplier company based in Mandaue was the most delinquent with 17 employees, surpassing P1 million in SSS delinquencies since 2019.The SSS ended the press conference by reminding employers to prioritize their employees’ future by providing them with SSS benefits.The SSS said this would be advantageous to the company in the long run, as it would encourage employees to stay and perform their best for the company. / HIC

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INSTEAD of going after delinquent employers, the Social Security System (SSS) has changed its approach to encourage them to seek assistance from their respective SSS offices on how to fulfill their obligations. This, after the SSS noticed a significant number of employers, particularly in Cebu and Bohol, have yet to register their businesses under SSS in 2023.In a press conference on Wednesday, March 20, 2024, Alberto Montalbo, head of SSS Visayas Central 1 Division, discussed the rebranding of their “Race” campaign. Previously defined as “Run Against Contribution Evaders,” Race now stands for “Relief Afforded to Challenge Employers.”Montalbo said the campaign rebranding that began in 2022 and will be further strengthened in 2024, has produced more positive results than the previous Race campaign.He said the campaign aims to encourage more investors to venture, especially in Cebu, and to alleviate their fear towards SSS.Installment Montalbo said the SSS is planning to allow employers to pay their unpaid contributions through installments.This will enable employers to pay at least five percent of their total computed delinquency as downpayment. The duration of the installment payment will be assessed based on the employer’s total amount of delinquency and penalties.The new payment scheme could last up to 24 months or two years. Employers are advised to prioritize remitting SSS contributions for employees who highly need SSS benefits while availing of installment payments.Delinquents Unesco Pacarro Jr., head of the SSS legal department, reported during the press conference that around 193 employers were targeted by the Race campaign in the provinces of Cebu and Bohol in 2023.Of this number, 65 were discovered to have failed to register their businesses under SSS, 40 fully paid their delinquencies, 10 chose to partially pay their unpaid contributions, and five were found to have closed their companies.As a result of the Race campaign, an estimated P36 million worth of unpaid contributions or delinquencies from employers were recorded.Montalbo said as of March, the SSS already collected P30 million of the P36 million unpaid contributions from employers.Criminal cases for violation of Republic Act 1161, or the SSS Law, were also filed against nine out of the 193 employers; while the rest of the employers availed of installment, restructuring, and condonation programs offered by SSS to settle their contribution disputes.Employers who violate the SSS law may be fined up to P500,000 or face a minimum of six months imprisonment, or both, depending on the court’s decision. The law requires employers to register their business under SSS, report their employees from the first day of their employment, and pay their contribution a month after employment.Race 2024From January to March 2024, 56 employers were subjected to Race operations in the cities of Cebu, Mandaue, Lapu-Lapu and Talisay.The operations recorded roughly P9.6 million in delinquencies and also identified non-SSS registered companies.On Wednesday, a simultaneous Race operation was conducted across five SSS branches in the cities of Cebu, Mandaue, Lapu-Lapu, Talisay and the Cebu-North Reclamation Area.The operation found that a computer supplier company based in Mandaue was the most delinquent with 17 employees, surpassing P1 million in SSS delinquencies since 2019.The SSS ended the press conference by reminding employers to prioritize their employees’ future by providing them with SSS benefits.The SSS said this would be advantageous to the company in the long run, as it would encourage employees to stay and perform their best for the company. / HIC, check the following table to see what categories most online casinos in the Philippines fit in.

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AGENTS from the National Bureau of Investigation (NBI) National Capital Region (NCR), along with members of the Securities and Exchange Commission (SEC) NCR and Cebu, raided on Thursday night, Feb. 22, 2024, a business establishment in Cebu City that allegedly engaged in fraudulent activities.In an interview with SunStar Cebu on Friday, Feb. 23, Garry Ruiz, special investigator of NBI NCR, said they started looking into Fergus Inc. last November after they were informed by IFW Global, a private investigation agency in Australia that specializes in financial fraud and asset recovery, about its alleged anomalous transactions.Ruiz said IFW Global represents four Australian nationals who claim they lost 1.2 million Australian dollars, or around P43 million, to the company.The NBI NCR did not provide specific details regarding the complaint. Ruiz explained that instead of seeking assistance from the police, most Australians go to a private security firm if they fall victim to financial fraud.He said Fergus Inc., which has two locations in Cebu City, operates a boiler room that entices foreign clients to invest in stock shares, commodities and cryptocurrency. A boiler room, according to investopedia.com, “is a place or operation—usually a call center—where high-pressure salespeople call lists of potential investors (‘sucker lists’) to peddle speculative, sometimes fraudulent, securities. Sucker lists identify victims of previous scams.”He said they first raided Fergus Inc.’s office inside a building at the Cebu IT Park past 10 p.m. on Thursday, where they found four computers. When they checked the computers, he said they didn’t find anything that would indicate anything illegal. However, the computers suddenly shut down after 20 minutes.Ruiz said there was probably remote access to the computers.The raiding team proceeded to the second location in Barangay Kalubihan on Friday, where they found several computers and around 20 employees.Ruiz said they arrested a foreign national whom they believed to be the manager and brought him to the NBI 7 office for questioning.SunStar Cebu is withholding the name of the individual pending the filing of charges against him.Ruiz said he believes the second location is the “conversion room” where victims are initially enticed to part with their money.“This is the start of victims being defrauded,” he said.Online opportunitiesRuiz said Fergus Inc. posts financial investment opportunities online. When someone makes an inquiry, that person is immediately contacted by a call agent from the firm, he said.He said Fergus Inc. provided its call agents with scripts and taught them techniques to convince a person to invest.The usual line includes telling potential victims they are making a mistake on missing out on a possible lucrative investment, he said.“So now maliliwanagan yung client kasi magaling magsalita (So now the client will be enlightened because the call agents are very good with words),” Ruiz said.He said Fergus Inc. uses Voice over Internet Protocol, a technology that uses broadband internet connection to make voice calls instead of a regular or analog phone line, to contact clients.He said a client has to shell out US$250 or around P14,000 to be shown the portfolio. Once the client is enrolled, he or she is referred and transferred to call agents at Fergus Inc.’s office at the Cebu IT Park.Ruiz said the foreign national they arrested underwent an inquest proceeding, and was later released.He said they were waiting for the case to be disposed.He said the foreign national and others allegedly involved may be charged with violating Section 11 of Republic Act 11765, or the Financial Products and Services Consumer Protection Act, for committing investment fraud. What app can earn money in Philippines? . At CasinoPlus Sign-Up Filipinas online casino you will find every form of popular online casino game from slots to roulette, blackjack, baccarat and live video poker. here is how to register at an online casino site in the Philippines:

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INSTEAD of going after delinquent employers, the Social Security System (SSS) has changed its approach to encourage them to seek assistance from their respective SSS offices on how to fulfill their obligations. This, after the SSS noticed a significant number of employers, particularly in Cebu and Bohol, have yet to register their businesses under SSS in 2023.In a press conference on Wednesday, March 20, 2024, Alberto Montalbo, head of SSS Visayas Central 1 Division, discussed the rebranding of their “Race” campaign. Previously defined as “Run Against Contribution Evaders,” Race now stands for “Relief Afforded to Challenge Employers.”Montalbo said the campaign rebranding that began in 2022 and will be further strengthened in 2024, has produced more positive results than the previous Race campaign.He said the campaign aims to encourage more investors to venture, especially in Cebu, and to alleviate their fear towards SSS.Installment Montalbo said the SSS is planning to allow employers to pay their unpaid contributions through installments.This will enable employers to pay at least five percent of their total computed delinquency as downpayment. The duration of the installment payment will be assessed based on the employer’s total amount of delinquency and penalties.The new payment scheme could last up to 24 months or two years. Employers are advised to prioritize remitting SSS contributions for employees who highly need SSS benefits while availing of installment payments.Delinquents Unesco Pacarro Jr., head of the SSS legal department, reported during the press conference that around 193 employers were targeted by the Race campaign in the provinces of Cebu and Bohol in 2023.Of this number, 65 were discovered to have failed to register their businesses under SSS, 40 fully paid their delinquencies, 10 chose to partially pay their unpaid contributions, and five were found to have closed their companies.As a result of the Race campaign, an estimated P36 million worth of unpaid contributions or delinquencies from employers were recorded.Montalbo said as of March, the SSS already collected P30 million of the P36 million unpaid contributions from employers.Criminal cases for violation of Republic Act 1161, or the SSS Law, were also filed against nine out of the 193 employers; while the rest of the employers availed of installment, restructuring, and condonation programs offered by SSS to settle their contribution disputes.Employers who violate the SSS law may be fined up to P500,000 or face a minimum of six months imprisonment, or both, depending on the court’s decision. The law requires employers to register their business under SSS, report their employees from the first day of their employment, and pay their contribution a month after employment.Race 2024From January to March 2024, 56 employers were subjected to Race operations in the cities of Cebu, Mandaue, Lapu-Lapu and Talisay.The operations recorded roughly P9.6 million in delinquencies and also identified non-SSS registered companies.On Wednesday, a simultaneous Race operation was conducted across five SSS branches in the cities of Cebu, Mandaue, Lapu-Lapu, Talisay and the Cebu-North Reclamation Area.The operation found that a computer supplier company based in Mandaue was the most delinquent with 17 employees, surpassing P1 million in SSS delinquencies since 2019.The SSS ended the press conference by reminding employers to prioritize their employees’ future by providing them with SSS benefits.The SSS said this would be advantageous to the company in the long run, as it would encourage employees to stay and perform their best for the company. / HIC How do I place a bet? . It’s always a good idea to take your time and make sure you’ve found the best online casino in the Philippines on the online gambling market that can give you what you want.

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AGENTS from the National Bureau of Investigation (NBI) National Capital Region (NCR), along with members of the Securities and Exchange Commission (SEC) NCR and Cebu, raided on Thursday night, Feb. 22, 2024, a business establishment in Cebu City that allegedly engaged in fraudulent activities.In an interview with SunStar Cebu on Friday, Feb. 23, Garry Ruiz, special investigator of NBI NCR, said they started looking into Fergus Inc. last November after they were informed by IFW Global, a private investigation agency in Australia that specializes in financial fraud and asset recovery, about its alleged anomalous transactions.Ruiz said IFW Global represents four Australian nationals who claim they lost 1.2 million Australian dollars, or around P43 million, to the company.The NBI NCR did not provide specific details regarding the complaint. Ruiz explained that instead of seeking assistance from the police, most Australians go to a private security firm if they fall victim to financial fraud.He said Fergus Inc., which has two locations in Cebu City, operates a boiler room that entices foreign clients to invest in stock shares, commodities and cryptocurrency. A boiler room, according to investopedia.com, “is a place or operation—usually a call center—where high-pressure salespeople call lists of potential investors (‘sucker lists’) to peddle speculative, sometimes fraudulent, securities. Sucker lists identify victims of previous scams.”He said they first raided Fergus Inc.’s office inside a building at the Cebu IT Park past 10 p.m. on Thursday, where they found four computers. When they checked the computers, he said they didn’t find anything that would indicate anything illegal. However, the computers suddenly shut down after 20 minutes.Ruiz said there was probably remote access to the computers.The raiding team proceeded to the second location in Barangay Kalubihan on Friday, where they found several computers and around 20 employees.Ruiz said they arrested a foreign national whom they believed to be the manager and brought him to the NBI 7 office for questioning.SunStar Cebu is withholding the name of the individual pending the filing of charges against him.Ruiz said he believes the second location is the “conversion room” where victims are initially enticed to part with their money.“This is the start of victims being defrauded,” he said.Online opportunitiesRuiz said Fergus Inc. posts financial investment opportunities online. When someone makes an inquiry, that person is immediately contacted by a call agent from the firm, he said.He said Fergus Inc. provided its call agents with scripts and taught them techniques to convince a person to invest.The usual line includes telling potential victims they are making a mistake on missing out on a possible lucrative investment, he said.“So now maliliwanagan yung client kasi magaling magsalita (So now the client will be enlightened because the call agents are very good with words),” Ruiz said.He said Fergus Inc. uses Voice over Internet Protocol, a technology that uses broadband internet connection to make voice calls instead of a regular or analog phone line, to contact clients.He said a client has to shell out US$250 or around P14,000 to be shown the portfolio. Once the client is enrolled, he or she is referred and transferred to call agents at Fergus Inc.’s office at the Cebu IT Park.Ruiz said the foreign national they arrested underwent an inquest proceeding, and was later released.He said they were waiting for the case to be disposed.He said the foreign national and others allegedly involved may be charged with violating Section 11 of Republic Act 11765, or the Financial Products and Services Consumer Protection Act, for committing investment fraud. licensed online casinos

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AGENTS from the National Bureau of Investigation (NBI) National Capital Region (NCR), along with members of the Securities and Exchange Commission (SEC) NCR and Cebu, raided on Thursday night, Feb. 22, 2024, a business establishment in Cebu City that allegedly engaged in fraudulent activities.In an interview with SunStar Cebu on Friday, Feb. 23, Garry Ruiz, special investigator of NBI NCR, said they started looking into Fergus Inc. last November after they were informed by IFW Global, a private investigation agency in Australia that specializes in financial fraud and asset recovery, about its alleged anomalous transactions.Ruiz said IFW Global represents four Australian nationals who claim they lost 1.2 million Australian dollars, or around P43 million, to the company.The NBI NCR did not provide specific details regarding the complaint. Ruiz explained that instead of seeking assistance from the police, most Australians go to a private security firm if they fall victim to financial fraud.He said Fergus Inc., which has two locations in Cebu City, operates a boiler room that entices foreign clients to invest in stock shares, commodities and cryptocurrency. A boiler room, according to investopedia.com, “is a place or operation—usually a call center—where high-pressure salespeople call lists of potential investors (‘sucker lists’) to peddle speculative, sometimes fraudulent, securities. Sucker lists identify victims of previous scams.”He said they first raided Fergus Inc.’s office inside a building at the Cebu IT Park past 10 p.m. on Thursday, where they found four computers. When they checked the computers, he said they didn’t find anything that would indicate anything illegal. However, the computers suddenly shut down after 20 minutes.Ruiz said there was probably remote access to the computers.The raiding team proceeded to the second location in Barangay Kalubihan on Friday, where they found several computers and around 20 employees.Ruiz said they arrested a foreign national whom they believed to be the manager and brought him to the NBI 7 office for questioning.SunStar Cebu is withholding the name of the individual pending the filing of charges against him.Ruiz said he believes the second location is the “conversion room” where victims are initially enticed to part with their money.“This is the start of victims being defrauded,” he said.Online opportunitiesRuiz said Fergus Inc. posts financial investment opportunities online. When someone makes an inquiry, that person is immediately contacted by a call agent from the firm, he said.He said Fergus Inc. provided its call agents with scripts and taught them techniques to convince a person to invest.The usual line includes telling potential victims they are making a mistake on missing out on a possible lucrative investment, he said.“So now maliliwanagan yung client kasi magaling magsalita (So now the client will be enlightened because the call agents are very good with words),” Ruiz said.He said Fergus Inc. uses Voice over Internet Protocol, a technology that uses broadband internet connection to make voice calls instead of a regular or analog phone line, to contact clients.He said a client has to shell out US$250 or around P14,000 to be shown the portfolio. Once the client is enrolled, he or she is referred and transferred to call agents at Fergus Inc.’s office at the Cebu IT Park.Ruiz said the foreign national they arrested underwent an inquest proceeding, and was later released.He said they were waiting for the case to be disposed.He said the foreign national and others allegedly involved may be charged with violating Section 11 of Republic Act 11765, or the Financial Products and Services Consumer Protection Act, for committing investment fraud. What app can earn money in Philippines?

Some of the most important trends revolve around the changes to the legalisation of online gambling for offshore operators, with President Rodrigo Duterte cracking down on illegal operations in recent years. Otherwise, we’ve identified that the growth in the land-based gambling industry has resulted in job creation for locals, with more than half of all employees in the entertainment sector being employed for gambling and betting activities.

Filipino Player Frequently Asked Questions

There can be a lot of contradictory information and biased reports out there on the internet that can conduse the PH online casino user. We find that our readers often have a lot of questions that need resolving, so we dedicated this section to provide more clarity on the topic of online casino in the Philippines.

1 Which is the best online casino in the Philippines?

The recommended picks include a carefully selected and researched list of fantastic venues. All best Filipino casinos host a slew of great games from various providers and each one stands out with What app can earn money in Philippines? . Besides, the PH online casinos are safe, regulated, and trustworthy, above all else.

2 Are PH online casinos legal?

Yes, Filipinos should know PH online casinos are legal if hosted by offshore operators. We recommend you stick to How do I place a bet? , as these are legally operating in the country and therefore hold a little risk of being shut down. Avoid shady businesses without official stamps of approval and regular auditing checks.

3 Which are the safest online casinos in the Philippines?

If you stick to licensed and regulated operators, you will be in the hands of safe Filipino casino sites. Those have the latest security and encryption technologies in place to protect their users. Gambling can be addictive, so stay safe from its dangers by setting and sticking to a budget. Mga Diskwento sa Pagpapareserba ng Kuwarto sa Casino sa Pilipinas .

4 Which is the best online casino in the Philippines for slots?

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6 What online casinos in the Philippines offer fast withdrawals?

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7 Which casino online in the Philippines has the best bonus offer?

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8 Which online casino in the Philippines offers the most games?

Every top pick out of all online casinos has impressed with its extensive gaming catalogue. It contains representatives of most gambling products that players have grown accustomed to seeing. The numbers How do I place a bet? , all housed under one single gambling roof. Regardless of your choice, each venue will exceed expectations quantity-wise.

9 Do all online casinos in the Philippines take PayPal?

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10 Do all PH online casinos offer secure deposits and withdrawals?

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Conclusion – Find Trusted Online Casino Sites for Filipino Players

There are a lot of safe and reputable online casinos for players from the Philippines to enjoy, though sorting through them can be time-consuming. To make the task simple, our experts put together a list of the certified online casinos in the Philippines that have been tested and proven to offer satisfactory experiences. Here, you can take advantage of How do I place a bet? and plentiful payment options in a completely legal setting.

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List of All Filipino Casinos

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