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SEC files criminal charges against PetroMobil execs for alleged illegal investment solicitation

THE Securities and Exchange Commission (SEC) filed criminal charges before the Department of Justice (DOJ) against oil industry player PetroMobil Corporation and its officers for alleged violation of the provisions of the Securities Regulation Code, Republic Act No. 10175 (Cybercrime Prevention Act), and Republic Act No. 9060 (Anti-Money Laundering Act).…

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