Nobody is earning P175,000 a week from an “investment program” linked to business tycoon Ramon Ang, contrary to claims made in a fabricated 24 Oras report circulating on Facebook.
The deepfake video posted by Public Service Announcement’s Facebook account on April 24 showed GMA news anchor Vicky Morales delivering a report with the spiel:
The Philippines was shaken by incredible news. Thanks to the famous politician and television journalist Ramon Ang and his revolutionary development, the “Investment Program 2025,” thousands of citizens are now steadily earning P175,000 per week. Experts are calling it a financial breakthrough. What is this investment system? How doe it work? Ramon will tell you more.
The video then cuts to footage of Ang supposedly endorsing the scheme and claiming it received support from corporations such as Petron and San Miguel, both companies chaired by the interindustrial business titan. It showed him saying:
The platform consistently brings profits to every participant. Personally, I earn from P500,000 per week and this is just the beginning. We have created a system that works for the benefit of everyone and I invite you to become a part of it.
FactRakers found the video extracted and manipulated clips from One News PH’s original 2023 interview with Ang about a basketball sponsorship he shares with First Pacific CEO and sports patron Manuel V. Pangilinan.
As of press time, the fabricated report has amassed over 153,000 views with 2,100 reactions and 352 shares on Facebook.
Read the full story on FactRakers.org.