Watch: Erwin Tulfo Confronts Paysbook CEO Arjay Gallenero Due to Reported Scam

Veteran broadcast journalist Erwin Tulfo confronts the Chief Executive Officer (CEO) and Founder of Paysbook E-Commerce System, Arjay Gallenero for the reported scam business and to explain his side of the story.


Ewin Tulfo wanted Gallenero to explain the side of the company regarding the issue concerning the business he founded online. The intentions of Erwin Tulfo is for Gallenero to explain the real situations of his company's standing with the Securities and Exchange Commission (SEC).



Tulfo presented some evidence and documents from the Department of Trade and Industry (DTI) and from the Securities and Exchange Commission (SEC).

Watch the Video of Erwin Tulfo:



According to the official statement of Securities and Exchange Commission, they already have a series of warning against Paysbook and the company don't have any license and has no rights to solicit some investments from the general public.

Paysbook CEO Arjay Gallenero admitted that they indeed received an advisory from SEC and the case is still under due process and under investigation by the SEC.

Gallenero explained that they need some compliance that were required by the Securities and Exchange Commission (SEC). The Paysbook CEO that they were indeed having some investment schemes, but the truth according to Paysbook that they are not selling investments but online services. 



Read Some Reactions from Concerned Netizens:

Mond Alcantara Collado: scam po tlga un idol erwin tulfo 100% madami naloloko sa paysbook madami nauuto Good job sir erwin idol

Grace Bermudez Fredeluces: Ang PAYSBOOK parang si leni lugaw lang,nakaupo na ng ilang taon pero di pa sigurado kung sya nga talaga ang real VP,ene be yen.

Rosemarie Nablo Abayare Brazas: Hello mga nag down load sa paysbook wag kayong magagalit kay erwin tulfo. One of these days lalapit at lalapit kayo hihingi ng tulong.



Bambi Mortel: UNG MGA NAGSSBING MALI ANG CNSBI NI SIR ERWIN,UN ANG MGA MYEMBRO..HAHAHAH

Etavirp Enim: Nagagalit mga investors ng Paysbook hahahhaha di naman iiyak si sir erwin di naman siya naloko kundi kayo!!!! Hahahhahaha kawawang mga shonga

Ghe C. Acbang: Ung mga nggalit jn ky sir erwin mtauhan nga kau.concern lng s inyo si sir erwin pra wag kaun maloko.

Snow Lalyn Apolonio: Sa NBI kayo mag paliwanag. Hahahhaah affected na sila kasi takot mawala pera nila.. pinoy mahilig talaga sa madaliang kita.

Source: Erwin Tulfo FB Page

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