The Municipal Government of Naval, led by Governor Rogelio J. Espina, has intensified its campaign against illegal business operations and fraudulent investment schemes by ordering the closure of ACDD Advertising Limited for operating without the required business permit while simultaneously warning Biliran residents to remain vigilant against the growing threat of pyramid scams and fake investment offers circulating across the province.
NAVAL, BILIRAN, Philippines — The local government announced that ACDD Advertising Limited was ordered to cease operations after authorities discovered that the company had been conducting business without securing a valid business permit from the Local Government Unit (LGU) of Naval. Officials emphasized that all businesses operating within the municipality are required to comply with local regulations and secure the necessary permits before engaging in commercial activities.
The closure forms part of the local government’s broader initiative to uphold the rule of law, protect legitimate enterprises, and safeguard consumers from potentially unauthorized business operations. Authorities stressed that strict enforcement of business registration requirements ensures transparency, accountability, and public confidence in commercial activities within the municipality.
Alongside the closure order, the Provincial Government of Biliran issued an urgent public advisory warning residents against the increasing number of fraudulent investment schemes and pyramid scams that continue to target unsuspecting individuals through promises of quick and effortless wealth.
According to the advisory, scammers typically lure victims by advertising unrealistic financial returns within a short period, convincing people that they can earn substantial profits with little or no effort. These schemes often require participants to provide an initial investment, sometimes as low as ₱3,000, with assurances that completing simple online or offline tasks will generate immediate payouts and continuous income.
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Local officials warned that such promises are classic indicators of fraudulent investment operations designed to exploit individuals seeking additional sources of income. They noted that many victims have already lost their hard-earned savings after believing claims of guaranteed profits and risk-free investments.
The government reminded the public that legitimate investment opportunities do not guarantee unusually high returns in a short period and are subject to regulation by appropriate government agencies. Residents are strongly advised not to hand over money or make financial commitments without first verifying the legitimacy of the company or organization offering the investment.
Authorities also encouraged Biliranons to report suspicious individuals or groups promoting questionable business opportunities to their respective municipal or barangay offices. Early reporting enables government agencies to investigate the operations before more residents become victims.
The local government explained that reports received from the public may be forwarded to concerned national agencies, including the Department of Trade and Industry (DTI), the Department of Labor and Employment (DOLE), and the Securities and Exchange Commission (SEC), which have the authority to determine whether an investment company or business entity is legally registered and operating within the bounds of Philippine law.
Governor Rogelio J. Espina’s administration underscored that public cooperation remains one of the strongest defenses against financial fraud. Officials emphasized that community awareness, timely reporting, and careful verification of investment opportunities are essential in preventing scams from spreading further throughout the province.
The provincial government concluded its advisory by urging every Biliranon to remain cautious, think carefully before investing money, and share the warning with family members, friends, and neighbors. Authorities hope that through increased public awareness and stricter enforcement of business regulations, residents will be better protected from illegal operators and deceptive investment schemes that continue to emerge in various communities. / aptikons