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Bilyonaryo - Business

Scam alert! Pagcor urges Facebook to take down bingo, online gambling

  • June 30, 2020
  • Bilyonaryo.com

PAGCOR Chief Legal Counsel Roderick R. Consolacion warned Facebook Philippines against being used by the persons organizing the illegal bingo games and online gambling, to promote illegal activities.

Consolacion said Facebook Philippines should “act immediately against such activities to avoid the perception that your company is aiding and abetting the same.”

Pagcor claims fraudsters are taking advantage of social media and the uncertainties brought by the COVID-19 pandemic to scam the public, steal financial information, and use stolen identity for illegal purposes (credit card fraud). It said betting on such illegal gambling activities is also a crime.

PAGCOR said no person or organization other than those licensed by PAGCOR and other government agencies may operate gambling in the Philippines. It is illegal for any person or organization without a license to in any manner, directly or indirectly take part in any unauthorized gambling activities, including online, internet, or remote gambling.

PAGCOR said it would prosecute persons involved in such illegal activities because of the strong link between illegal gambling and organized crime who are also engaged in credit card fraud, identity theft, money laundering.

  • Related News Tags: COVID-19 pandemic, online gambling, Pagcor, PAGCOR Chief Legal Counsel Roderick R. Consolacion
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Veteran journalist Ces Drilon, with CNN Philippines President Benjamin V. Ramos, and officials of Prage Management Corp. sign a blocktime contract agreement for the airing of “Usapang Bilyonaryo” - a profile feature show starting January 16. -- CNN Philippines

Lucio Tan’s MacroAsia inches closer to nickel ore exploration in Palawan

After years of stalemate, bilyonaryo Lucio Tan has finally made headway on his planned nickel mining project in Brooke’s Point, Palawan.

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The Philippine Statistics Authority (PSA) reported Wednesday that the country’s unemployment rate stood at 4.3 percent in December 2022.

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Usapang Bilyonaryo by Ces Drilon

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“Usapang Bilyonaryo” is a digital-first, hybrid magazine show hosted and produced by veteran broadcast journalist Ces Oreña-Drilon in cooperation with the Bilyonaryo.com team. The 30-minute TV cut airs on CNN Philippines at 8 PM every Monday, starting January 16. The full version or producer’s cut of each episode, as well as interview splices, will be posted on Bilyonaryo.com’s Youtube and Facebook accounts.

 

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