Showing posts with label kin. Show all posts
Showing posts with label kin. Show all posts

Tuesday, July 1, 2025

P1.5trillion real estate company of richest Filipino? True?

Every minute a sucker is born (PT Barnum). Let us not be one

This announcement of P1.5 trillion real estate company of a politician businessman, arising out of land revaluation is suspect and has been questioned by many.  Not because they are jealous of the owner gentlemen, because they are jealous  but because that is incredible and lacks many compliance with relevant laws.

For the rich this is magic, but for many they could be scammed.  It can be a market manipulation.   

A high level scam?  Can the law protect the investors?   Or not possible because the son and daughter are in Legislature?