8 months LTFRB warns the public from engaging with transport firm Yellowdot MB
By Alexandria San Juan The Land Transportation Franchising and Regulatory Board (LTFRB) warned the public not to engage with transport firm Yellowdot Transport Terminal Inc. offering investment contracts to modernize jeepneys without a license from the Securities and Exchange Commission (SEC). Land Transportation Franchising and Regulatory Board (LTFRB) chair Martin Delgra III (PCOO / MANILA BULLETIN) In a notice released on Thursday, the LTFRB said officials from Yellowdot were summoned to explain reported incidents of an investment scheme to the public through purchasing and managing “Millennial Jeeps” without due license from the SEC. This was confirmed by officials of Yellowdot ... more