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This is AI generated summarization, which may have errors. For context, always refer to the full article.
Both GMA News and Ang debunked the alleged news report featuring an investment project supposedly developed by the San Miguel Corporation chairman
Claim: GMA News reporter Vicky Morales reported on San Miguel Corporation (SMC) chairman and CEO Ramon Ang’s investment project.
Rating: FALSE
Why this was fact-checked: A Facebook page named “Tata Motors One World – CV International” with 10,000 likes and 40,000 followers posted a series of videos with the claim on April 21.
The videos feature Morales supposedly discussing an investment program developed by Ang.
Morales stated that the investment program has been benefiting thousands of Filipinos, allowing them to earn P175,000 weekly. She added that experts were calling the program a “financial breakthrough.”
The video then transitioned to an alleged interview with Ang. In this supposed interview, he promoted the project, claiming it had only launched in 2025 but had already earned him P500,000 per week.
He further claimed that the program received support from companies such as Petron Corporation, Bank of the Philippine Islands, Semirara Mining and Power Corporation, and SMC.
As of writing, the video has garnered 846 reactions and 162,000 views. Similar content posted on the same day by the same source received 1,300 reactions and 62 shares.
The facts: The videos of the GMA News report and the interview of Ang were edited.
Morales did not report on any investment program involving Ang. The clip used in the misleading video was taken from her April 15, 2025, report, specifically GMA News’ live video posted on YouTube. In those reports, Morales covered topics such as tourist spots in Dapitan City and an emotional mother-daughter story, neither of which involved an investment scheme.
Ang’s video, meanwhile, was extracted from a 2024 interview with One News. His actual interview focused on sports and his partnerships with tycoon Manny Pangilinan in basketball and business.
Debunked: GMA News said in its Facebook post on May 2 that the video of Morales reporting on the supposed investment program is fake.
Ang also clarified in a statement released on February 17 that any circulating videos of him endorsing an investment project are fake.
“I have never endorsed, and will never endorse, any investment opportunity online,” he wrote.
“Do not engage, do not invest, and report these scams when you see them,” he added, advising the public to be aware of scams and misinformation.
Rappler has also previously published a fact-check on a similar claim about Ang.
Suspicious source: The source of this claim is a Facebook page with a blue checkmark, indicating a verified badge. According to Meta, this badge signifies the authenticity of a Page profile.
However, the page’s last official post prior to these claims was in 2021, and it focused on foreign business content. The investment scheme claims only appeared in 2025 and are inconsistent with the page’s previous posts. – Lyndee Buenagua/Rappler.com
Lyndee Buenagua is a third year student journalist based in Baguio and an alumna of Aries Rufo Journalism Fellowship of Rappler for 2024.
Keep us aware of suspicious Facebook pages, groups, accounts, websites, articles, or photos in your network by contacting us at factcheck@rappler.com. Let us battle disinformation one Fact Check at a time.
