TAPE Inc. Officials Subpoenaed in P37 Million Estafa Case

Quezon City Prosecutors Office subpoenas TAPE Inc. officials in P37-million estafa case. A mandatory mediation conference has been scheduled for May 22 and 29, 2025, stemming from a complaint filed by GMA Network. TAPE Inc.'s legal counsel, Atty. Maggie Abraham-Garduque, stated that they will meet to discuss a potential settlement. The complaint alleges that TAPE Inc. failed to remit advertising revenues owed to GMA Network, as stipulated in a 2023 agreement. The mediation aims to facilitate a compromise agreement to resolve the dispute and avoid further legal proceedings.