promotes a similar link, which it advertises as an"Ayala app", and shows screenshots of a supposed initial investment of 370 pesos growing to 1,605 pesos in 55 days."I have already registered. Please include me in the group chat," one comment read.A representative for Ayala Corporation said the firm did not endorse the scheme circulating on Facebook.Spokeswoman Yla Alcantara told AFP on January 18:"This so-called 'Ayala Investment App' is a scam".
"As a listed company in the Philippine Stock Exchange, Ayala Corporation stocks may only be purchased via licensed stockbrokers accredited by the PSE," it said. "'Investments' in the Corporation or any of our business units and subsidiaries are not done through third-party apps and websites".announced plans to seek legal action against the promoters of the fake investment scheme.