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  2. Energy Regulatory Commission (Philippines) - Wikipedia

    en.wikipedia.org/wiki/Energy_Regulatory...

    No 1507 was enacted, creating the position of Supervising Railway Expert in the Philippines. The law aimed to defined the duties of the position and provide for other related matters. It is responsible for advising railroad construction, overseeing operations, and conducting investigations, with the power to examine records and accounts, while ...

  3. IRS claws back money given to businesses under fraud ... - AOL

    www.aol.com/news/irs-claws-back-money-given...

    The ERC was designed to help businesses retain employees during pandemic-era shutdowns, but it quickly became a magnet for fraud. Its complex eligibility rules allowed scammers to target small ...

  4. Meralco - Wikipedia

    en.wikipedia.org/wiki/Meralco

    By 1978, all of the Philippines' major power plants were owned and operated by Napocor, including the Metro Manila plants that MERALCO had built beforehand in the 1960s. [ citation needed ] By the end of the Martial Law period in 1981, MERALCO expanded even further into Cavite and western parts of Laguna, Rizal and Quezon provinces, as well as ...

  5. Kapa-Community Ministry International - Wikipedia

    en.wikipedia.org/wiki/Kapa-Community_Ministry...

    The Securities and Exchange Commission (SEC) filed criminal charges against Kapa-Community Ministry International and its executives, citing an investment scam. [7] [8] President Rodrigo Duterte was the first government official to announce the legal actions, doing so on June 8, 2019, when he ordered the National Bureau of Investigation (NBI) to shut down Kapa.

  6. Employee Retention Credit - Wikipedia

    en.wikipedia.org/wiki/Employee_Retention_Credit

    The Employee Retention Credit is a refundable tax credit against an employer's payroll taxes. [2] It was established as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), signed into law by President Donald Trump, in order to help employers during the pandemic. [3]

  7. Pork barrel scam - Wikipedia

    en.wikipedia.org/wiki/Pork_barrel_scam

    The Priority Development Assistance Fund scam, also called the PDAF scam or the pork barrel scam, is a political scandal involving the alleged misuse by several members of the Congress of the Philippines of their Priority Development Assistance Fund (PDAF, popularly called "pork barrel"), a lump-sum discretionary fund granted to each member of Congress for spending on priority development ...

  8. Coco Levy Fund scam - Wikipedia

    en.wikipedia.org/wiki/Coco_Levy_Fund_scam

    The Coco Levy Fund Scam was a controversy in the 1970s and 1980s in the Philippines involving former President Ferdinand Marcos and his cronies.It was alleged that Marcos, Danding Cojuangco, Juan Ponce Enrile, and others conspired to tax coconut farmers, promising them the development of the coconut industry and a share of the investments, but on the contrary used the collection fund for ...

  9. Aman Futures pyramid scam case - Wikipedia

    en.wikipedia.org/wiki/Aman_Futures_pyramid_scam_case

    Authorities from the Philippines have set a manhunt for Manuel K. Amalilio, the founder of the company who left the Philippines for Sabah, Malaysia. [2] The "double-your-money" was a phrase being pitched to join the network. NBI has said that there is about 8,000 complaints filed against the company and over 100,000 Filipino families were ...