Philippine Daily Inquirer-Nov 29, 2021

Filipinos, particularly in the provinces, continue to fall prey to sweet-talking swindlers, with victims of recent pyramiding scams losing billions of pesos of their hard-earned money, according to reports. The pandemic may have exacerbated this problem, as massive job and income losses have led many unscrupulous individuals to take advantage of ordinary citizens’ desire to earn in other ways and make money fast.

Read more at: https://opinion.inquirer.net/146964/proliferating-ponzi-schemes-1