So here are some of the guys putting a stain on Bitcoin's name.

Check out this link. They scammed almost a 1B Pesos.

http://news.abs-cbn.com/news/04/06/18/couple-arrested-for-alleged-bitcoin-investment-scam

And another sprouting Filipino made, fake, centralized cryptocurrency MLM scheme - Indigen

https://bitcointalk.org/index.php?topic=2976098
https://bitcointalk.org/index.php?topic=3298922

These type of schemes are misleading for newbies. I feel sad for them.