Hindi lang siya CELEBRITY ENDORSER dahil Chairman of the Board siya ng kumpanya kung saan siya ang nagpapatupad ng mga pagpupulong, gumagawa ng mga patakaran ng kumpanya (matapos makakuha ng sapat na bilang ng boto sa mga kasapi ng Board of Directors) at pangunahing tagasubaybay sa pamamahala ng kumpanya. Dahil hindi siya ang Chief Executive Officer ng kumpanya, ang CEO ay sa kaniya nagrereport. Kung hindi sumusunod sa kaniya ang mga tagapamahala ng kaniyang kumpanya, dapat tinanggal niya ang mga ito sa trabaho (sa pamamagitan ng isang resolusyon ng Board of Directors).

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Luis Manzano tagged in alleged scam; denies role in managing business

By GMA Integrated News

Published February 2, 2023

Actor-host Luis Manzano is facing a complaint before the National Bureau of Investigation in connection with an alleged investment scam.

According to John Consulta’s report on “24 Oras”, Jinky Sta. Isabel and other investors filed the complaint in a bid to recover millions of pesos in investments.

She said it was Manzano’s pitch that convinced her to invest in Flex Fuel. He’s allegedly the chairman and one of the owners.

“‘Ako ito. Luis Manzano ito.’ Kaya agad-agad akong nag deposit,” Sta. Isabel said.

“Siyempre, hindi ka magda-doubt sa kanya. Siyempre, Luis Manzano, artista,” she added.

Sta. Isabel said the company had been allowed by the Securities and Exchange Commission to sell products, not solicit investments.

In a statement, Manzano said, “I never took part in the management of the business.”

He also reportedly lost millions of pesos.

Manzano’s camp said that he filed a complaint against his friend and company CEO Ildefonso Medel Jr. in November 2022 after investors approached him to recover their money. —Sherylin Untalan/NB, GMA Integrated News

#NotSoLucky #MalasLangOBobo #ChairmanKaPalaDeIkawAngPinakamataasNaOpisyaSaKumpanya