A "Legacy Asia case study" could refer to several topics, but most commonly refers to either a specific scam by the "Legacy Group" in the Philippines or, more broadly, case studies on topics like family business succession, large-scale system migrations, or the socio-economic legacy of events in Asia
. Without more context, a user would need to determine which of these "Legacy Asia" topics they are interested in.
Specific case study: Legacy Group scam
- This is a detailed case study of the Legacy Group, a Philippine entity that allegedly scammed its depositors through a fraudulent scheme.
- The scam involved the owner, Celso delos Angeles, misusing depositor funds, leading to the collapse of several rural banks and pre-need firms.
- Evidence of the scam includes fictitious loans and a negative net worth despite promising unrealistic returns to depositors, such as doubling their money in a few years, according to the Philippine Deposit Insurance Corporation (PDIC) and Scribd.
Broader topics
- Family business succession: Case studies analyze the challenges of passing down family-run businesses in Asia, focusing on issues like internal conflicts and balancing family harmony with business goals.
- Legacy system migration in banking: Research and case studies look at how banks in Asia are updating old, often mainframe-based, IT systems to modern open systems to remain competitive, as discussed in this ResearchGate paper.
- Economic and social legacy of mega-events: Case studies examine the economic impact and sustainability of large events, such as the PyeongChang Winter Olympics in South Korea, on the host region, like the development of the area into a winter sports hub.
- Philippine-American relations: A case study can explore how the long-standing relationship between the Philippines and the United States has shaped power dynamics and cultural exchanges in the Asia-Pacific region, notes Salzburg Global.