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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 ...
1860s. Jacob Young, William Abrams, and Nancy Clem ran what author Wendy Gamber argues, in her book The Notorious Mrs. Clem: Murder and Money in the Gilded Age, was the first-ever Ponzi scheme. [ 1][ 2] In Munich, Germany, Adele Spitzeder founded the "Spitzedersche Privatbank" in 1869, promising an interest rate of 10 percent per month.
List of linked individuals to the PDAF scam. Former congressman. Daily Tribune claims according to its sources that it was Abad that taught Janet Napoles on how to operate the PDAF scam scheme. [1] Businesswoman, dubbed by the media as the mastermind of the PDAF scam. Former actor.
Spouse. Reginald F. Lewis. . . ( m. 1969; died 1993) . Children. 2, including Christina Lewis. Loida Nicolas Lewis (born 1942) is a Filipino-born American businesswoman who is the widow of TLC Beatrice founder and CEO Reginald Lewis. She currently resides in New York City .
Leslie H. Wexner may be in the hot seat again. A new complaint, filed Tuesday in the Court of Chancery in the state of Delaware, accuses the founder and chairman emeritus of L Brands, parent ...
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 ...
Puregold Price Club, Inc. or simply Puregold (stylized in all caps) is a chain of supermarkets in the Philippines trading goods such as consumer products (canned goods, housewares, toiletries, dry goods, and food products, among others) on a wholesale and retail basis. It currently has approximately more than 400 operating stores and over 20 ...
Monde Nissin Corporation is a Philippine food and beverage company with a portfolio of brands across instant noodles, biscuits, baked goods, culinary aids and alternative meat products categories, including Lucky Me!, SkyFlakes, Fita, M.Y. San Grahams and Nissin. Monde Nissin also sells its alternative meat products globally under Quorn Foods ...