We are celebrating 15 years — and counting — of stories that are deeply researched and deeply felt, that build a historical record of what the city has been.
Additionally, the BSP is cracking down on "quasi-banking" lending firms in Binondo. New regulations require beneficial ownership disclosure—meaning you can no longer hide behind a retired grandmother as the nominal target.
The target was the store owner, 58-year-old Florentino Chua. Despite government testing proving the rice was authentic, the damage was done. Chua lost his business, his suppliers blacklisted him, and he became the target of death threats.
The next time you see a viral post naming a certain Mr. Chua, Mr. Tan, or Ms. Lim as the "mastermind" of a billion-peso scam, pause. Ask yourself: Is this the real criminal, or just the family fall guy?