One coordinator from Cavite who organizes the UPLB gathering said that they are from the “One Social Family Credit Cooperative.” He is allegedly the OSFCC chairman but refuses to give his name. The unidentified man said that the funds are from the “immortal legacy of President Marcos” and “treasures of the Japanese imperial forces.” Bongbong Marcos, however, clarifies that this is a clear scam. The wealth for humanity is for the people’s welfare and not for distribution. He himself cannot access that alone without the government’s cooperation.
YouTube Video by; Elena Grace Flores
[VIDEO]: Desperate people are often victims of scams because they have nothing much to lose when they are fooled. This is the case in the alleged Marcos inheritance distribution at UPLB that Bongbong Marcos denied having any involvement.
Another Kind of Propaganda
A booklet about “The Life and Achievements of Ferdinand Marcos” has the label of “Bullion Buyer LTD.” The unnamed chairman said that it contains “all the achievements of President Marcos during his time.” The gathering happened just two days after the 45th anniversary of Marcos’ declaration of Martial Law. It is also the National Day of Protest for both pro and anti-administration groups. Is this some kind of propaganda to discourage Marcos supporters in poverty?
Money is the Motivator
Some who turned at the campus grounds as early as 3:50 a.m. They were told to bring the pamphlet to receive money. A woman who came all the way from Malabon said she attended the event because they were told that Marcos’ money will be given to them. The so-called chairman of the group denied this by saying that the distribution of funds will be through a government bank. However, he cannot blame the people for hoping that they will get their share immediately.
OSFCC’s chairman claims that his group is a“legitimate humanitarian cooperative.” It is an affiliate of Bullion Buyer Ltd., he added. In March 2017, the Securities and Exchange Commission said Bullion Buyer Ltd is not a registered firm. The entity supposedly requires members to pay P30 in exchange for the P10,000 per month grant, as well as to recruit other beneficiaries. He disputes this saying that the payment is voluntary.
Logic on the Wealth
Bongbong Marcos is the first one to know if they can distribute the wealth for humanity in cold cash. Unfortunately, this is not the case. They are well-documented that only a legal international proceeding can make that work for the people following the guidelines set by his late father. Desperate people can only hope for the best but it can’t happen that way.