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FOR A local antique dealer in Cebu City, religious items and antiques should belong to churches, claiming that religious items offered and displayed in antique shops are often stolen artifacts.Raphael Ojales, co-owner of Raphael’s Antiques, an antique store that opened in the 1990s located in Barangay Kamputhaw, said his shop avoids acquiring and selling religious items because of the sensitive nature of the items. He also believes that religious items should be in churches.“I really don’t deal with or focus on church (antiques). It’s a really sensitive topic,” said Ojales in an interview with SunStar Cebu on Monday, March 4, 2024.Ojales acknowledged the recent issue surrounding the ownership of the pulpit panels of the Archdiocesan Shrine of the Nuestra Señora Patrocinio de Maria Santisima in Boljoon, Cebu, and says this is among the reasons he avoids acquiring and selling religious items. After decades of being missing since these were reported stolen in the 1980s, the four wooden panels that belong to the Archdiocesan Shrine of the Nuestra Señora Patrocinio de Maria Santisima in Boljoon, Cebu resurfaced on Feb. 14, 2024.These resurfaced after being donated by a private collector to the National Museum of the Philippines (NMP). The town of Boljoon has urged the NMP to return the four pulpit panels to reclaim a significant part of its cultural and religious heritage. The NMP, for its part, said the panels are “legitimately procured.”Ojales added that there is a possibility that there are people within the church who could be tempted to take a religious item.“Well, it’s clear naman for church items kinawat g’yud na (were stolen). I mean they’re made exclu­sively for the church,” said Ojales.Ojales said he was advised by his father to deal only with vintage furniture and other items, instead of religious items.Raphael’s Antiques is a shop that was originally located on General Maxilom Avenue but closed in 2014 when Ojales’ mother got sick. The antique shop reopened in 2020 and has been moved to its current location. The shop curates vintage items such as furniture, lamps and other household decorations.Ojales said they acquire antique pieces by traveling and visiting ancestral homes of people and inquiring about vintage pieces that are available for sale or having canvassers in other areas inquire for them. He said he has canvassers in other municipalities in Cebu, such as Balamban and areas outside the province like Bohol.Ojales said when it comes to items like furniture and other pieces, authentications are not often necessary because they are obtained from individuals who are elderly and are genuinely from older eras. However, art pieces, particularly those with signatures, require authentication through a certificate of authenticity. / RJM Is there a basketball World Cup? 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? MURDER charges will be filed against Cebuano rapper Andrew Salera, also known as Range 999, as the foreigner he shot during a scuffle on March 17, died Tuesday, March 19, 2024.The American national, Michael George Richey, 37, died past 6 p.m. Tuesday, said Police Major Romeo Caacoy Jr., chief of the Mabolo Police Station.Richey sustained gunshot wounds in his shoulder and thigh.Caacoy told SunStar Cebu that they will amend the case filed against Range 999, from frustrated murder to murder, following the death of Richey.The police have also identified the man who was seen on CCTV kicking the American national before the shooting happened.Caacoy said they will also file charges against the man. (AYB/LMY)

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MURDER charges will be filed against Cebuano rapper Andrew Salera, also known as Range 999, as the foreigner he shot during a scuffle on March 17, died Tuesday, March 19, 2024.The American national, Michael George Richey, 37, died past 6 p.m. Tuesday, said Police Major Romeo Caacoy Jr., chief of the Mabolo Police Station.Richey sustained gunshot wounds in his shoulder and thigh.Caacoy told SunStar Cebu that they will amend the case filed against Range 999, from frustrated murder to murder, following the death of Richey.The police have also identified the man who was seen on CCTV kicking the American national before the shooting happened.Caacoy said they will also file charges against the man. (AYB/LMY) How do I place a bet? FOR A local antique dealer in Cebu City, religious items and antiques should belong to churches, claiming that religious items offered and displayed in antique shops are often stolen artifacts.Raphael Ojales, co-owner of Raphael’s Antiques, an antique store that opened in the 1990s located in Barangay Kamputhaw, said his shop avoids acquiring and selling religious items because of the sensitive nature of the items. He also believes that religious items should be in churches.“I really don’t deal with or focus on church (antiques). It’s a really sensitive topic,” said Ojales in an interview with SunStar Cebu on Monday, March 4, 2024.Ojales acknowledged the recent issue surrounding the ownership of the pulpit panels of the Archdiocesan Shrine of the Nuestra Señora Patrocinio de Maria Santisima in Boljoon, Cebu, and says this is among the reasons he avoids acquiring and selling religious items. After decades of being missing since these were reported stolen in the 1980s, the four wooden panels that belong to the Archdiocesan Shrine of the Nuestra Señora Patrocinio de Maria Santisima in Boljoon, Cebu resurfaced on Feb. 14, 2024.These resurfaced after being donated by a private collector to the National Museum of the Philippines (NMP). The town of Boljoon has urged the NMP to return the four pulpit panels to reclaim a significant part of its cultural and religious heritage. The NMP, for its part, said the panels are “legitimately procured.”Ojales added that there is a possibility that there are people within the church who could be tempted to take a religious item.“Well, it’s clear naman for church items kinawat g’yud na (were stolen). I mean they’re made exclu­sively for the church,” said Ojales.Ojales said he was advised by his father to deal only with vintage furniture and other items, instead of religious items.Raphael’s Antiques is a shop that was originally located on General Maxilom Avenue but closed in 2014 when Ojales’ mother got sick. The antique shop reopened in 2020 and has been moved to its current location. The shop curates vintage items such as furniture, lamps and other household decorations.Ojales said they acquire antique pieces by traveling and visiting ancestral homes of people and inquiring about vintage pieces that are available for sale or having canvassers in other areas inquire for them. He said he has canvassers in other municipalities in Cebu, such as Balamban and areas outside the province like Bohol.Ojales said when it comes to items like furniture and other pieces, authentications are not often necessary because they are obtained from individuals who are elderly and are genuinely from older eras. However, art pieces, particularly those with signatures, require authentication through a certificate of authenticity. / RJM

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FOR A local antique dealer in Cebu City, religious items and antiques should belong to churches, claiming that religious items offered and displayed in antique shops are often stolen artifacts.Raphael Ojales, co-owner of Raphael’s Antiques, an antique store that opened in the 1990s located in Barangay Kamputhaw, said his shop avoids acquiring and selling religious items because of the sensitive nature of the items. He also believes that religious items should be in churches.“I really don’t deal with or focus on church (antiques). It’s a really sensitive topic,” said Ojales in an interview with SunStar Cebu on Monday, March 4, 2024.Ojales acknowledged the recent issue surrounding the ownership of the pulpit panels of the Archdiocesan Shrine of the Nuestra Señora Patrocinio de Maria Santisima in Boljoon, Cebu, and says this is among the reasons he avoids acquiring and selling religious items. After decades of being missing since these were reported stolen in the 1980s, the four wooden panels that belong to the Archdiocesan Shrine of the Nuestra Señora Patrocinio de Maria Santisima in Boljoon, Cebu resurfaced on Feb. 14, 2024.These resurfaced after being donated by a private collector to the National Museum of the Philippines (NMP). The town of Boljoon has urged the NMP to return the four pulpit panels to reclaim a significant part of its cultural and religious heritage. The NMP, for its part, said the panels are “legitimately procured.”Ojales added that there is a possibility that there are people within the church who could be tempted to take a religious item.“Well, it’s clear naman for church items kinawat g’yud na (were stolen). I mean they’re made exclu­sively for the church,” said Ojales.Ojales said he was advised by his father to deal only with vintage furniture and other items, instead of religious items.Raphael’s Antiques is a shop that was originally located on General Maxilom Avenue but closed in 2014 when Ojales’ mother got sick. The antique shop reopened in 2020 and has been moved to its current location. The shop curates vintage items such as furniture, lamps and other household decorations.Ojales said they acquire antique pieces by traveling and visiting ancestral homes of people and inquiring about vintage pieces that are available for sale or having canvassers in other areas inquire for them. He said he has canvassers in other municipalities in Cebu, such as Balamban and areas outside the province like Bohol.Ojales said when it comes to items like furniture and other pieces, authentications are not often necessary because they are obtained from individuals who are elderly and are genuinely from older eras. However, art pieces, particularly those with signatures, require authentication through a certificate of authenticity. / RJM, 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. Is there a basketball World Cup? . Find out the specifics to casino promotions in our dedicated PH online casino bonuses article and get the lowdown on the different rewards, Your dedicated is Win the money! here is how to register at an online casino site in the Philippines:

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FOR A local antique dealer in Cebu City, religious items and antiques should belong to churches, claiming that religious items offered and displayed in antique shops are often stolen artifacts.Raphael Ojales, co-owner of Raphael’s Antiques, an antique store that opened in the 1990s located in Barangay Kamputhaw, said his shop avoids acquiring and selling religious items because of the sensitive nature of the items. He also believes that religious items should be in churches.“I really don’t deal with or focus on church (antiques). It’s a really sensitive topic,” said Ojales in an interview with SunStar Cebu on Monday, March 4, 2024.Ojales acknowledged the recent issue surrounding the ownership of the pulpit panels of the Archdiocesan Shrine of the Nuestra Señora Patrocinio de Maria Santisima in Boljoon, Cebu, and says this is among the reasons he avoids acquiring and selling religious items. After decades of being missing since these were reported stolen in the 1980s, the four wooden panels that belong to the Archdiocesan Shrine of the Nuestra Señora Patrocinio de Maria Santisima in Boljoon, Cebu resurfaced on Feb. 14, 2024.These resurfaced after being donated by a private collector to the National Museum of the Philippines (NMP). The town of Boljoon has urged the NMP to return the four pulpit panels to reclaim a significant part of its cultural and religious heritage. The NMP, for its part, said the panels are “legitimately procured.”Ojales added that there is a possibility that there are people within the church who could be tempted to take a religious item.“Well, it’s clear naman for church items kinawat g’yud na (were stolen). I mean they’re made exclu­sively for the church,” said Ojales.Ojales said he was advised by his father to deal only with vintage furniture and other items, instead of religious items.Raphael’s Antiques is a shop that was originally located on General Maxilom Avenue but closed in 2014 when Ojales’ mother got sick. The antique shop reopened in 2020 and has been moved to its current location. The shop curates vintage items such as furniture, lamps and other household decorations.Ojales said they acquire antique pieces by traveling and visiting ancestral homes of people and inquiring about vintage pieces that are available for sale or having canvassers in other areas inquire for them. He said he has canvassers in other municipalities in Cebu, such as Balamban and areas outside the province like Bohol.Ojales said when it comes to items like furniture and other pieces, authentications are not often necessary because they are obtained from individuals who are elderly and are genuinely from older eras. However, art pieces, particularly those with signatures, require authentication through a certificate of authenticity. / RJM 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 MURDER charges will be filed against Cebuano rapper Andrew Salera, also known as Range 999, as the foreigner he shot during a scuffle on March 17, died Tuesday, March 19, 2024.The American national, Michael George Richey, 37, died past 6 p.m. Tuesday, said Police Major Romeo Caacoy Jr., chief of the Mabolo Police Station.Richey sustained gunshot wounds in his shoulder and thigh.Caacoy told SunStar Cebu that they will amend the case filed against Range 999, from frustrated murder to murder, following the death of Richey.The police have also identified the man who was seen on CCTV kicking the American national before the shooting happened.Caacoy said they will also file charges against the man. (AYB/LMY)

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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. Is there a basketball World Cup?

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.

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