Please post your experiences here.
Their marketing style is same with the Legacy Consolidated Plans that PDIC will insured your deposit and double your savings every 5 years. Their Bank is Malayan Bank.
It seems so shady for me.
Investment IQ No. "Don't get too excited immediately with the offer"
LINK: https://www.istorya.net/forums/everyt...r-program.html
Possible scams:
1.) Giving you guaranteed high rate of return
2.) Giving all guarantees you want to hear
3.) Shady marketing style
Results 1 to 10 of 10
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06-08-2009, 11:25 PM #1
Palinga Power Savers is another possible scam?
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06-09-2009, 03:19 PM #2Senior Member
- Join Date
- Apr 2005
- Posts
- 569
@ryze... any comment??
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06-09-2009, 10:56 PM #3
Their advocacy is good because they also teach people about savings but the shady part is the "doubling of money" with in five years and guaranteed insured with PDIC.
deposit with insurance at 8.5 % interes per annum for the first 5 years - San Pedro - Marketing Jobs
It is same style with Legacy Consolidated Plans and the Rural Bank before .
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06-10-2009, 07:55 AM #4
Wala man gani nag offer na mga dagko na Commercial Banks about doubling of money within 5 years. Tapos ang Malayan bank dili pa jud ilado. Ngek ka kuyaw ani mapareho sa Legacy Group
Pagsure mo ani oi.
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06-10-2009, 09:14 AM #5Elite Member
- Join Date
- Nov 2005
- Gender
- Posts
- 1,382
yes I have heard about this also..
I had doubts that is why I did not entertain this type of investment.
please share more to those who have experiences or knowledge
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06-10-2009, 07:26 PM #6
Walay mangilad basta walay mag pailad. Please becareful with this. They are also teaching savings. Please be careful and watch out.
Don't entertain so good to be true lines, all guarantees you wanna hear, very high rate of return, these are very fake. Even big Commercial Banks doesn't offer double you money scheme. Even you look at the performace of today's economic trend, double your money is unrealistic. It is a fake.
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06-24-2009, 09:41 AM #7C.I.A.
- Join Date
- May 2009
- Gender
- Posts
- 9,133
in this global crisis? impossible ng double your money!
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06-25-2009, 09:54 AM #8Senior Member
- Join Date
- Aug 2004
- Posts
- 623
Unsa diay na sila financial institution na covered man sila sa PDIC?
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06-26-2009, 06:43 AM #9
Malayan Bank. Banko na ilang double your money. Binuang man ng double your money karon na panahon oi.
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06-26-2009, 06:45 AM #10
Mao lagi covered PDIC, tapos ang scheme double your money, mapareha palang na sa Rural banks na under sa Legacy group.
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