GMA Network, nagsampa ng reklamong estafa laban sa mga opisyales ng TAPE INC.

- GMA Network has filed an estafa complaint against the officers of TAPE INC.

- The mentioned funds was specifically written in figures amounting to ₱37,941,352.56

- The complaint was filed against the following TAPE executives as respondents: Romeo Jalosjos, Jr., Romeo Jalosjos, Sr., Seth Frederick "Bullet" Jalosjos, Malou Choa-Fagar, Michaela Magtoto, and Zenaida Buenavista

- According to the statement of GMA Network shared on social media, "The complaint stems from respondents' failure to remit advertising revenues collected from clients, which had been contractually assigned to GMA Network under a 2023 Assignment Agreement"

On social media, GMA Network wrote:

"GMA Network, Inc. has filed a criminal complaint for estafa with abuse of confidence against officers of Television and Production Exponents, Inc. (TAPE) for the misappropriation of funds totaling P37,941,352.56."

"The complaint, filed before the Office of the City Prosecutor of Quezon City, names the following TAPE executives as respondents: Romeo Jalosjos, Jr. (former President and CEO), Romeo Jalosjos, Sr. (Chairman of the Board), Seth Frederick "Bullet" Jalosjos (Treasurer), Malou Choa-Fagar (former COO and current President and CEO), Michaela Magtoto (former Senior Vice President for Finance), and Zenaida Buenavista (Finance Consultant)."

"The complaint stems from respondents' failure to remit advertising revenues collected from clients, which had been contractually assigned to GMA Network under a 2023 Assignment Agreement. Despite multiple formal demands, the funds were not transferred to GMA because they were instead used for TAPE's operational expenses, in violation of the trust arrangement outlined in the agreement."

"GMA Network is pursuing legal action to hold the responsible officers accountable and to recover the misappropriated amount."

It can be recalled that TAPE Inc., or Television and Production Exponents Inc., is a Philippine television production company that has collaborated with GMA 7 to produce several notable programs. Among its most recognized shows is "Eat Bulaga!", which was the longest-running noontime variety show in the country. However, due to legal disputes over the trademark, TAPE Inc. and GMA Network were ordered by the Marikina Regional Trial Court to cease using the "Eat Bulaga" name in January 2024.

Check out GMA Network's social media post below:

News, photos or videos that arouse the interest of netizens would often go viral on social media, due to the attention netizens give them. These viral posts appeal to the emotions of netizens, and in rare cases, such could also happen to ordinary people, making them very relatable.

In a previous report by KAMI, a family of three was mercilessly shot and killed inside their store in Barangay Mallorca, San Leonardo, Nueva Ecija. Caught by CCTV, three men entered their store, closed the roll up door, and shot the entire family to death. Before fleeing, one of the suspect even grabbed a bag and mobile phone from the suspects. In a report by Gary De Leon of TV 5's 'Frontline Pilipinas,' the family started getting threats after lending P1-M to one of the residents of their barangay; allegedly using the money for business.

In another viral local report, a 51-year-old public teacher in Las Piñas City was stabbed multiple times by her own husband. According to the report of EJ Gomez in 'Unang Balita,' the 38-year-old suspect committed the crime inside the school's faculty room. Police authorities said the school has a security guard, but being a familiar face in the school, the suspect managed to easily get in and out of the school. The suspect said he was there to talk to his wife and settle their misunderstanding, but unfortunately, it led to a big arguement.

Source: KAMI.com.gh