GMA Network sues TAPE officers for misappropriating ad revenue

gmanetwork.com

GMA Network has filed an estafa complaint against TAPE, Inc. officers for allegedly misappropriating nearly 38 million pesos in advertising revenues. The complaint alleges abuse of confidence. The complaint, filed in Quezon City, names several TAPE executives, including Romeo Jalosjos Jr. and Malou Choa-Fagar, as respondents. The funds were reportedly not remitted to GMA as per a 2023 agreement. The missing funds, collected from advertising clients, were allegedly used for TAPE's operational expenses. GMA Network seeks to recover the money and hold the officers accountable.


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GMA Network sues TAPE officers for misappropriating ad revenue | News Minimalist