EDGEDAVAO Serving a seamless society
VOL.12 ISSUE 199 • SUNDAY-MONDAY, DECEMBER 15-16, 2019
f
@EdgeDavao
www.edgedavao.net
DAVNOR CAPITOL OPENS 1ST CHRISTMAS VILLAGE
SUBURBIA RISING P10
edgedavao@gmail.com
P 15.00 • 16 PAGES
A Lumad from the hinterlands of Agusan serenade motorists as he asks for Christmas presents along R. Castillo Street in Davao City. Lean Daval Jr
FOREX SCAM Anti-Scam Unit monitors illegal forex trading in Davao City By MAYA M. PADILLO ollowing the downfall of several investment schemes such as KAPA, Rigen, ALMAMICO and Ever Arm, the Davao City Anti-Scam Unit (ASU) is now keeping an eye against illegal forex trading in Davao City.
F
ASU head Simplicio Sagarino told Edge Davao they are monitoring illegal forex trading after their of�ice received a report about such activity. He also said they are ready to �ile charges if there are complainants who will surface.
“So far wala na’y mga investment schemes sa Davao pero ang naa karon is the trading. Naay mutrade like forex pagkahuman mu-invite ug mu-invest. Kanang mag-trade daw siya sa forex, wala man diay siya kuwarta maong mag-invite siya ug
investors para maka-trade siya through online ang transactions. Lisod ni sila ma-identify kay online man ang transactions pero kung naa lang mu -stand as witness, puwede na ma-�ilan ug kaso,” Sagarino said. He warned the pub-
lic not to engage to forex trading scams as it will only rip them off of their hard-earned money citing that there had been one illegal forex trader in Davao who is now in hiding after investors seek the help of the ASU.
FOREX, P8