Friday, May 20, 2011

NEWSFLASH: Manila Newspaper named TVI Express and Pacific Destinations as suspect ponzi schemes


From what we have gathered from the volumes of documents and other information in the Internet, it appears that PDI (Pacific Destinations Inc) is a clone of the controversial TVI Express which has already been issued a cease and desist order from the State of Georgia for being suspected as a pyramiding scheme by the State’s Administrator for Fair Business Practices Act.
It seems that the organizers of PDI —a certain Edwin Natividad and Mayet Frances Briones—were active in TVI Express in California before they decided to put up a copy cat of TVI Express in the Philippines.
The SEC and the NBI should look into the operation of PDI and see whether its scheme is similar to that of TVI Express which appears to be a classic pyramiding scheme.
Filipinos should wake up ASAP!

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