The Philippine Embassy informs our kababayan in Singapore that the Securities and Exchange Commission (SEC) in Manila has posted on its official website, www.sec.gov.ph, several advisories warning the public about several illegal investment-taking activities in light of the rampant Ponzi schemes and/or alleged investment schemes circulating publicly and online.
Unfortunately, some of the victims of these Ponzi schemes are Overseas Filipino Workers (OFWs).
The following are the names of the entities covered by the SEC Advisories for 2019:
|Name of Entity||Date Posted on the SEC Website|
31 May 2019
|2||ADA FARM AGRI VENTURES (“ADA FARM”)||31 May 2019|
|3||MGA BUSINESS ENTERPRISES||31 May 2019|
|4||COOPHUB MULTIMEDIA SERVICES||31 May 2019|
|5||JOGLE INNOVATIVE MARKETING||31 May 2019|
|6||GRAPPLER||31 May 2019|
|7||SHERPAN||31 May 2019|
|8||BCT MARKETING/BCT MOTORCYCLE AND CAR TRADING||31 May 2019|
|9||RTM/RTM PHARMACY AND GENERAL MERCHANDISE||31 May 2019|
|10||DIAMOND MARKETING||31 May 2019|
|11||FUSION MARKETING||31 May 2019|
|12||FMARKET||31 May 2019|
|13||CIRFUND||31 May 2019|
|14||VIBEARN||31 May 2019|
|15||ONEPRO||31 May 2019|
|16||BCC/BCC COSMETICS TRADING||31 May 2019|
|17||UNLISHOP COMPENSATION PLAN MARKETING||31 May 2019|
|18||VUCC||31 May 2019|
|19||BITRAIN||31 May 2019|
|20||TCOIN||31 May 2019|
|CROWD ROYALS||31 May 2019|
|22||NERMIE MARKETING/NERMIE HEALTH AND BEAUTY PRODUCTS TRADING||31 May 2019|
|23||EVER ARM ANY MARKETING||31 May 2019|
|24||GLOBAL DREAM ZION||29 May 2019|
|25||RIGEN MARKETING (“RIGEN”)||
24 May 2019
|26||LDT AGRO INDUSTRIAL HUB CORPORATION (“LDT”), in partnership with NUTRIWEALTH MULTIPURPOSE COOPERATIVE (“NMPC”) now VCM-NW CORPORATION (“VCM-NW”)||08 May 2019|
|27||DV BOER FARM CORPORATION||30 April 2019|
|28||ALMAMICO (Alabel-Maasim Small Scale Mining Cooperative)/ALAMCO (Alabel-Maasim Credit Cooperative)||30 April 2019|
|29||KAPA-COMMUNITY MINISTRY INTERNATIONAL, INC. (KAPA)||11 March 2019|
|30||UNITY WEALTH MARKETING/UWEALTH PREMIUM/UNITYWEALTH 100||07 March 2019|
|31||NORTH EAST LUZON FOUNDATION, INC.||31 January 2019|
|32||PAYSBOOK E-COMMERCE SYSTEM||09 January 2019|
ANGEL INVESTOR GROUP, INC.
04 January 2019
For the contents of these advisories, you may follow this link: http://www.sec.gov.ph/public-information-2/investors-education-and-information/advisories-and-notices/.
The Embassy would appreciate your assistance in disseminating this advisory to all our kababayan in Singapore.
Maraming salamat po.