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Saturday, February 4, 2023

Luis Manzano Summoned by NBI for Investigation of Flex Fuel, Investors File Complaint Against Host

Image courtesy of Facebook: FlexFuel PH


Images courtesy of Twitter: ABSCBNNews

117 comments:

  1. Eto siguro kinatatakutan Jessy kaya gusto niya iprotect si Luis sa mga "friends" tapos binash pa ng madami ng kung ano ano tsk.

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  2. Awww. I think may laban si Luis. But resigning without disclosure is another story, why Luis? Hoping that this will be settled.

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  3. Another case of too much trust on people.

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  4. Ano kaya ang talagang nangyare?

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  5. Yikes. Good luck Luis.

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    1. Well kung siya nga nagbitiw siya ahead of time so malamang alam niya na yan way before na pabagsak ang company.

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    2. Ngayon natin buuin ang puzzle.

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    3. Luis will see this through. Connections.

      But the people who entrusted their hard earned money and were supposed to profit from this. What a horrible situation. Sana managot yung Bong at maibalik pa pera ng mga biktima.

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    4. Barya lang yang 100-300 million kay Luis Manzano. Bayaran na lang niya mga investors dahil siya nakalagay na owner at Chairman dun. Kaysa madrag ng madrag ang name niya at magkasuhan pa sila. Buy those investors out then patakbuhin niya mag isa un business. Kumuha siya ng mga tamang tao.

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    5. @ 1:46pm lol. Do you know what you’re talking about??? Di yan barya s kanya! Di yan ayala or villar.

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  6. Malaki din ang nawala sa kanya. Malas nya sya kasi ang mukha ng business na yan kaya damay sya.

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    1. Siya rin kasi nag convince sa investors na mag invest tapos mukhang iniwan niya sila sa ere. Nadamay siya kasi mukhang nag omit siya ng info or update about sa status ng company nila sa mga investors.

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    2. Nilagay siyang owner/Chairman. Di lang siya basta mukha ng negosyo. Un pangalan niya nakalagay sa mga papers at nakapirma siya dun.

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    3. Kalungkot to think si Luis sobrang wise pagdating sa investments and handling money tapos naloko din.

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    4. Sabi lamg nya yun. Hehehe

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    5. True sya mukha at kilala sya kaya hahabulin din talaga sya

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    6. Ang sabi niya may hindi pa bayad sa kanya na 66M. Investment ba niya yun, or part ng shares as COB and endorser? But still, dahil nasa board siya e need din niya talaga managot

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    7. I think kaya hindi siya nag announce he gave bong time to rectify kung ano man ang naging problema sa company. Kasi kung nag announce siya agad baka nag collapse agad ang companya at lalong walang mahahabol ang mga investors.

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    8. 12.18 it doesn't mean to say na talagang naghihirap na siya. malaki may mean a certain number of percentage of money na pdeng na-invest sa mas ok na business or property.

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  7. Napanood ko nga sa news yan. Hinahabol siya ng mga investors kasi nga ang pakilala niya eh siya un owner/chairman ng Fuel Flex. Tapos tagline pa niya "want to be a co-owner?" So un mga investors relying on his reputation eh nagbigay ng investment dun thinking nga na kasosyo nila si Luis. Kasi nga kung andun si Luis it must be good. Dapat kasi ginawa ni Luis tinuloy na lang un business at eventually mabayaran un mga investors. Tutal siya chairman. Pwede niya ifire un kababata niya na CEO kung wala ng trust at nagkalat na. Kasuhan niya kung gusto niya. Un nga lang it takes guts, time, additional investment and business acumen para gawin un. Hindi un masosolusyunan ng papogi lang sa photo ops. I wonder kung si Luis mismo eh humingi ng feasibility study sa investment na yan.

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    1. Wow, napalakalaking problema kung ganun. Just can't believe Luis got into this messy situation to think he was very careful when it comes to business, tsk2x...

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    2. satru mhie. Sa ig nya yan ung tagline na "want to be a co-owner"at ma eenganyo ka nga mag invest. Wala lang akong pondo nyan pero bet na bet ko yan last year.

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    3. Kaya wag papasukan ang mga bagay na walang kang alam. Lalo na pag pera ang involved. Kung binayaran lang siya dun wala siyang responsibility. Kaso hinde eh. Nilagay niya ang pangalan niya as owner at Chairman ng negosyo na un kaya nagtiwala sila na mag invest dun sa negosyo ni Luis. Hindi yan mabubura ng pag resign niya lalo na di pa niya pinaalam sa mga investors. In bad faith kung ganun.

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  8. Yan na nga sinasabi ni Jessy eh. šŸ¤¦‍♂️ Saklap. I hope all’s going to be well.

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    1. 11:16 Yan yung sabi ni Jessy na Wala siyang tiwala s mga baka paligid kay Luis about this business. Siguro Wala din sya magawa kasi co- Chair si Luis.

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    2. yun lang kasi, mas matagal ng friend yung Bong kaya mas naniwala siya dun nung una. all this time, hindi pala nagkamali si Luis na pakasalan siya

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    3. I think yung kay jessy ay reaction na lang sa falling out ng mag best friend. Kasi tinatag pa si jessy dati ng flex fuel page. I'm sure may inilagay din siyang pera diyan

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  9. Parang nawala nga ang mga supposedly franchise nito sa ibat ibang lugar.Sana maisaayos yan ni Luis

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  10. Haay Luis bakit mo pinasukan ang isang bagay na hindi mo alam? At ano un 66M na sinasabi mo na lugi mo? Actual investment mo ba un o potential income at nilagay ka kasi dun as owner/chairman?

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    1. And sana kung pano sya nag announce na need nila ng investors, ganun din nya inannounce na he has resigned from the company.

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    2. i think potential income nga ang P66M

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  11. Eto kaya yung investment ni Tom R. kaya sila naghiwalay ni Carla?

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    1. Hindi naman siguro. Tsaka ang awkward naman kasi nag first pa si Carla sa Luis Listens. Delikadesa nalang diba?

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    2. Walang konek accla. Ibang issue yun.

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    3. Yung Kay tom daw is Scam sa Cebu

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    4. No. Pero best man din yun ni Tom

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    5. Buti na lang hindi nya asawa si Carla, kundi goodbye na agad.

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    6. 7:18 hindi naman pera ni Jessy yung nawala kay Luis lang. Yung kay Carla joint savings nila at hindi pa niya alam

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    7. 7:18 I doubt personal pera naman I'm sure ni Luis yun. And mas may pera si Luis kaysa kay Tom

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    8. 7:18 iba yung niloko mo ang asawa mo kaysa dun sa nagfail lang ang negosyo! Kaya madaming naaabusong babae, dahil sa ganyan na bulok na thinking mo eh. Sisihin ba yung niloko kaysa dun sa nanloko?! Iba ka teh!

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    9. 3:02 May point ka teh. Kaya lang pede bang sabihin in a nice way? Triggered ka naman agad eh. Not 718.

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  12. He assumed the role of chairman without being privy to the ins and outs of the company? Hindi ganon pagka kilala ng mga tao sa kanya, he has been a good and hands on businessman kaya madami nag invest. And yes, ang hindi pag divulge na wala na siya sa company is a big no-no. He saved himself from further loss but not the others. May pananagutan pa din siya

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  13. yikes scary! mukhang madaming branches. baka kse pandemic kaya wala pa dividends.

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  14. Mahirap talaga magtiwala kahit matagal mo ng kilala basta pera walang pipiliin yan lalo na kung manloloko.

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  15. wow! nag resigned secretly?

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    1. Exactly PUBLIC na company tapos meh public shares pa pero secretong nag resign lol!

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    2. 10:06 anong pinagsasabi mong public shares e wala yan sila sa pse! Magsearch ka muna bakla bago magsabi ng public company

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  16. If nag resign si luis dapat may public announcement from the website and pages and the investors, kung pa secret e talagang si luis ang hahabulin jan, umabot pa ng ilang years bago nalaman ng investors nawala na pala si luis jan e mukha nya nakabalandra jan e
    Naku i believe Luis is a good person pero baka sa sobrang bait nya naloko sya ng best friend nya at close business partners nya

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    1. True. Bakit kaya pa secret. So may itinatago o may itinago?

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  17. Chineck ko page ng flex fuel at mukha nga ni luis nakabalandra talagang sya ang una hahabulin jan sya kilala e

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  18. It's sad. Dapat sana happy sila sa pagdating ni baby, kaso sinundan naman agad ng problema. Hopefully na maayos nina Luis ito.

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  19. Where is Bong Medel now? is he still in the Phils?

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    1. Very much. Naka follow ako sa kanya sa IG ang active sya kaka post about his other business ventures. Recently lang yung kaka open na hotel sa boracay and nag open sila bago lang ng new flex fuel.

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    2. Nag private bigla lol

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  20. I checked the fb of bong mendel dami negosyo, puro pa sya CEO grocery, real estate, taxi, resort, ano kaya nangyari sa flex fuel business nya? Baka ginamit yung funds sa iba business?

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  21. Hope malagpasan mo 'to Luis! I can't imagine the stress it's causing plus new born baby pa. Wish you all luck! You're a good man!

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  22. Ayan. Ngayon ka maglabas ng mala meme replies mo.

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    1. Are you for real? Wala kang common sense to know na ang mga artista dalawa buhay niyan? Isang sa harap ng camera, isa sa likod. Jusko ka.

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    2. Yung page naman ni Luis sa IG is really meant naman na magbigay ng konting humor sa mga followers niya. These days nga daming replay, maybe dahil may pinagdadaanan nga at hindi nakakapagresearch ng bago. Give the guy a break

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    3. @12:18 HAHAHA RIGHT ON. ekis yon.

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  23. I think luis gave his best friend a time to fix things kaya he kept quiet for like 3 years pero maling mali talaga sya dito, best friend nya pala yung guy since high school? Ay naku baka lumabot puso ni luis,

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    1. for 66M and he waited for 3 years? It's not like Luis to shut up.

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    2. Sa pagkabasa ko nag umpisa ito 2021 pero nag resign na si Luis 2022.

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  24. Stressful to. Just having a baby and you have to face a case of multiple complainants. One investor said tinulungan nya pa mag invest, parang siya pa tuloy nag drag dun sa tao to lose a million sum of money. Sa kanilang mga nakaupo dito (siya former) maliit lang yan, pero yung investors, buhay pinhununan nyan ng ilang taon to earn that. Makawala man siya sa kaso, the conscience of “helping” the people to be on that mud will for sure hunt him. Kaya sometimes, even you just want to help, mapapasama ka. Un lang, he gained din naman siguro siya sa % ng company. Hope mabalik sa mga tao ung invested money. Kawawa naman mga gusto umasenso ang buhay.

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    1. If you're talking about sa investor na ininterview sa news, hindi siya tinulungan ni Luis na maginvest, I think she reached out to Luis, baka she needed help financially and Luis helped her

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  25. Ano na Luis san na mga resbak mo ha

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  26. Sana maayos nila. Luis, sana pinublicize mo yung resignation mo from your post. Or the easiest way is settlement. Peace is priceless. Ang pera kikitain mo pa ulit yan. Focus on being a hands on dad.

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  27. Sana ma settle na lang ng ayos. Luis, kung sobra sobra pa ang pera mo, better settle mo na lang para matapos na. May new baby on the way ka pa naman.

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    1. Lumabas na yung baby teh

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    2. baby on the way? 1 month old na po yung baby nya.

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  28. Kinda suspicious din kc na bakit now lang sya nag complain tapos now lang din nalaman na resigned na pala sya

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    1. 12:36 - He was forced to due to circumstances. Di na siguro ma-contact yung Bong Medel, then siya celebrity, public figure. And very much identified on Flex Fuel. Investors started reaching out to him. Ayun. Naisip niya that there is no way out kaya lumantad na rin. He's also a victim by the way. 66M ininvest niya.

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    2. 12:56 yes, Luis is also a victim. He was also duped. Thing is, he was the chairman and that makes him still liable. These duped investors will be advised to file a case against the whole board of directors and officers of the company during the time they invested.

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  29. Ang mali ni Luis is that he failed to disclose his resignation. Lumalabas tuloy na tinakasan niya nung napansin niya na medyo tagilid na. Other investors were left behind kaya nagagalit sila. Di din biro yung mga ganyang investment kaya I feel for them

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  30. Luis, pag endorser, mag endorse ka na lang safe ka pa. Kumita ka pa ng malinis. Sad lang nagamit ka ng pinaka pinagkakatiwalaan mong "best man".

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  31. Nakaka-phobia na ang ganyang klaseng best man at bestfriend. Kung mag negosyo man lang, do your own feasibility study and be hands-on sa pag manage from the ground up. Kahit pamilya or kaibigan mo pa yan, pag big sums of money ang usapan mate-tempt talaga yan.

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  32. Mahirap yan lalo kung may pinirmahang contract din at sya yung nakapirma. Na scam kami noon at may contract kaming pinirmahan na ang signatory ay staff lang kaya kawawa sya nagbayad sa amin.

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  33. Why did he resigned secretly? Meaning may alam siya sa nangyari. Liable parin siya dito and his Friend kahit sabihin niya nawalhan siya ng pera. Balik na lng niya yung pera ng investors

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  34. Yeah. Parang may kasalanan din si Luis. Oo nga, nawalan siya ng 66m kaso, iniwan niya sa ere iyong mga investors na Kaya nag-invest ay dahil sa kanya. He went through the back door nang walang paalam, kumbaga.

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    1. It’s not Luis responsibility to inform other investors He himself is a shareholder but decided to pull his investment & resigned. Any investors who thinks that their investment are not making money can do the same as Luis. No one is preventing them for doing so. It was the company and the new CEO’s duty and obligation to update their investors including Luis’ resignation as CEO. Definitely not Luis

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  35. This incident will ruin his credibility as an endorser

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    1. Could be but they would still trust Luis cuz he has good relationship with these companies and they treat him as family/friend not just their endorser. All his business dealings with these company are clean

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  36. Ito kaya yung sinasabi ni Jessi na as a wife ilayo ang husband from toxic friends?

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  37. Dapat noong may kutob na siya na something is wrong, nag public announcement na siya kaagad para hindi na magamit pangalan nya to lure investors.

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    1. Dapat nung malaman niya na nagsosolicit na ng funding sa mga tao tao,he should've gotten out.Pinangalagaan niya pangalan niya as a celebrity.Kasi siya talaga ang magagamit dyan,siya ang may mukha sa produkto

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    2. I think that’s exactly what he did, but the thing is some investors reached out to him for help when their investment are not making money. This is not a SCAM. Wala sa personalidad ni Luis ang mang lamang ng tao. Perhaps the shareholder that got interviewed is not satisfied or naliitan sa dividend or ROI niya that’s all there is to it . But I don’t think she was scammed. All Flexfuel station is up and running

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  38. He is of course liable regardless of if he didn't know or not. You signed your name without proper research then yes that makes you equally liable.

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  39. It was weird.Bakit nila pinasok ang paghingi ng investment sa mga tao? They could've just limit the investors among their circle of friends.Para sila sila lang managot in case the business model doesnt work out.

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    1. Ganun talaga if kailangan ng malaking capital and hindi kaya ng existing investors. That’s how businesses infuse capital into their companies.

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    2. 4:53 common practice naman yan sa mga businesses. Even malalaking companies (PLDT, Globe, SM etc) ay nagbebenta ng shares sa public.

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  40. Ayan mga investors Hilig sa artista Basta artista go go go

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  41. Related ba to sa cryptic post ni Jessy before?

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  42. May ganyang nangyari sa amin ng friends ko dati. Hindi ako nakapag invest kase wala ako pera that time. Yung pinakanag convince sa amin mag invest also acts as our agent magaling sa negosyo kaya dami nagtiwala sa kanya. Dami nag invest na na scam. May isa pa na naibenta ang bahay dahil nainvest nya madaming pera nya na hndi bumalik. Masama loob nila sa friend namin pero they know deep inside their heart na wala nman kasalanan yung friend namin. Hndi naman sya ang scammer. So hndi nman sila nagdemanda. Pero siempre na tarnish na reputation ng friend namin. Yung mga magdedemanda naghahanap lang ng masisisi and ng way na maibalik ang pera nila. Pero sana pairalin nila ang utak at puso. Kase pag ipinilit nila na idemanda friend namin na alam naman nila na biktima din, ibig sabihin mukha talaga silang pera.

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  43. If the investments were made during his time as chairman, then surely kasama talaga sya sa demanda, whether or not kasama sya sa pag-udyok sa kanila mag invest, whether of not nawalan din sya ng pera. What he can do is prove that he wasn't part of the real day-to-day operations of the company. Pwede naman kasi that a chairman of a company is not really working for the company and only attends board meetings and getting their reports.

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    1. Pinagtataka ko lang ha bakit nanghingi sa publiko ng investment ang kumpanyang ito.Dapat marami silang pera to begin with.At kung investments,ano ang business portfolio para masabing matatag ang business nito? Di ba dapat nasa stock market kayo kung big time corporation ito.

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  44. fatay, kapag flex fuel si Luis talaga ang nasa isip ng tao, mukha niya na sa print ads online. Paano na?

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    1. yes ayan mahilig pag ang front artista pag aralaln mabuti

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  45. Bakit hindi yung bong medel ang idemanda nila?

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  46. Investor ako dito but I can't seem to get angry with Luis. Yes malaking factor yung na dun ang face niya as part of the company, plus yung ibang mga taong involved, being a follower of Luis, familiar na sila kaya ako napa invest. Pero hindi ko naman entirely masisi si Luis sa naging decision ko kasi hindi naman niya ako pinilit. May responsibility ako sa ginawa ko. He is an overall good man who got tangled in a mess. Pero with bong and his lawyer, who, i think, also happens to be part of their barkada, that's entirely different. He has to answer for this mess. Ayusin nila. Ang mga gasoline stations are there, mga assets yun. And im still trying to think positive

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    1. Same thoughts. The businesses are up, struggling but they are still up. Sa lahat naman ng investments may possibility na walang gain. Wala namang guarantee.

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    2. Kung start-up pa lang lahat ng ito, it will take time bago mag ROI. Karamihan even after 5 years red pa din ang bottomline. Pero kung maayos ang nagmamanage, makikita naman na ang year on year losses ng company bumababa and eventually magiging positive din ang bottomline nila.

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  47. May omission talaga on the part of Luis. Case yan ng pinoy trait ng samahan na kahit may samthing na, hindi pa rin magact kc kaibigian nakakahiya. Misjudgement and not antipating c Luis na xa mabiblame if manahimik lang xa and making his own move na magresign quietly. Mahirap talaga mangengganyo ka ng mga tao on something na hindi certain or definite. Business is a venture. It could be profitable, it could be losing. Mahirap maging influencer on that aspect kaya so bothersome kay Luis yang mga reklamo ngaun ng investors kc big lapse on his part na hindi xa nagdisclose na hindi na xa ang chairman ng company.

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  48. Kaya ako i rather own my business na walang mga partners. Iwas pusoy mahirap na

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    1. Thats correct.At least kung ano mang success ang meron,sa iyo lang iyon.Walang gimmick.

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    2. ako naman I bought a franchise. But same thing, I run my own business. Hindi yung may mga co owner co owner na malabo kung sino ang may ari talaga. IF anything happens to my franchise, it is on me. Walang ibang dapat sisihin.

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  49. Hay naku. Mas dpat yung Bong Medel imbestigahan na at yung asawa. Bago pa tumakas mga yun.

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  50. The focus should be on the company president bong medel at yung asawa niya na director of the company, at yung company treasurer na kamaganak nung babae

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  51. paano naasociate ang pangalan ni Luis dahil kinuha nilang spokesperson, endorser. Sa mga interviews about the company, iisipin mo talaga na si Luis is the owner.

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  52. Lesson sa mga artista.Wag kayong pumayag na basta basta lang mag endorse ng business or produkto.Kasi gagamitin nila ang mukha mo at ang credibility to encourage people to invest or para magsolicit ng pera.Qag magpagamit.Aralin mabiti ano ang product na ineendorse

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  53. Yea, he's not super clean sorry. When you're chairman AND endorser, you cannot plead ignorance to any wrongdoing. It was his obligation to be on top of things, and at the very least, there should have been official communication once he stepped down. What kind of company doesn't provide investors reports or access to transparent financial standing, etc. So DODGY and hard lesson learned from the poor investors.

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  54. It is the company and the new CEO’s obligation to announce Luis’ resignation NOT Luis .

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    1. 1:03 May legal obligation. May moral obligation. The latter is definitely the obligation of Luis becoz he knows na people trusted their hard earned money on the company becoz of him.

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