Legacy Group

(Update) Deadline for filing claims vs Legacy extended

The Securities and Exchange Commission (SEC) has extended the deadline for filing claims under the closed Legacy group of companies namely Legacy Consolidated Plans, Scholarship Plan Philippines Inc., and All-Asia Plans Inc. until April 15 this year to accommodate late filers.

No let up on cases vs Legacy Group - BSP

Expect the Bangko Sentral ng Pilipinas (BSP) to continue pounding Legacy Group owner Celso de los Angeles and his business partners with law suits one after another for the collapse of 13 Legacy-member rural banks.

Legacy owner faults ex-officers, cites complainants' legal fees

The lawyer of controversial Legacy Group owner, Celso de los Angeles, told Cebu-based clients of the bankrupt financial services firm that his client is denying that a bank fraud was committed.

NBI files graft charges vs former SEC exec

The National Bureau of Investigation (NBI) yesterday filed graft charges against former Securities and Exchange Commission (SEC) commissioner Jesus Enrique Martinez for allegedly colluding with Legacy Group owner Celso de los Angeles in misappropriating Legacy’s financial resources.

‘Legacy is RP’s version of the AIG mess’

While Americans are in a bitter public outcry over the use or misuse of the bailout funds for corporate world’s fallen giant American Insurance Group (AIG), Filipinos are also dealing with a local version that involves duping hard-earned funds. Legacy Group’s reach and impact may not be as global as AIG, but its story is equally riveting.

Legacy scam

This is a big question -- why is De Los Angeles still a free citizen despite his being corrupt and a big liar. He should have been placed under house arrest and in chains every time he goes to hearing.

SEC to pay Legacy planholders in time for enrolment

The Securities and Exchange Commission (SEC) will try to issue checks for planholders of the Legacy Group's closed pre-need firms in time for June enrolment, it said Wednesday.

(UPDATE) Duped Legacy plan holders want owner jailed

Six plan holders of Legacy Group filed on Wednesday a syndicated estafa case against owner Celso de los Angeles, his family, and business partners for the alleged misuse of company funds.