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License of online lending operator Copperstone Lending revoked

License of online lending operator Copperstone Lending revoked
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SEC fines lending firm P2M, warns vs dollar investment scam

DAVAO CITY The Securities and Exchange Commission (SEC) has revoked the certificate of authority (CA) of a lending company and warned the public on a dollar investment scheme. Besides revoking its license, the SEC also fined P2 million the Wealth and Personal Development Lending, Inc. and its officers for repeated failure…

SEC revokes license of Populus Lending

DAVAO CITY The Securities and Exchange Commission (SEC) announced it revoked with finality the certificate of authority of Populus Lending Corp. for alleged unlawful debt collection practices and issuing threats and public shaming of clients who fail to settle their debts on time. The SEC also said the lending firm failed…

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