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THE Securities and Exchange Commission has advised the public against dealing with the following entities due to their unauthorized solicitation of investments without the necessary license from the Commission:


This entity offers different “paluwagan” slots and income for different time-maturity periods, without computation or matrix on how much income is given per amount invested. It entices the public to invest by promising a minimum of 30% profit in just 10 days.


This entity entices the public to invest in its so-called “Power Apps Marketing Business” by registering for a fee of P1,000. Once registered, a member then needs to invest P5,000 to be entitled to a 50% return on income in just 15 days. An investor-member may also invest P100,000 to avail of a 300%-400% profit in just 5-10 days. 

Some of these groups’ investment schemes or actions resemble a pyramid/Ponzi scheme, where investors earn through recruitment fees instead of the sale of actual products/services, and investors are paid using the contribution of new members, according to the SEC.

The Commission remains unwavering in its efforts to stamp out illegal investment-taking activities through financial literacy campaigns and advisories to the public. You may visit the SEC website at to learn more about the Commission’s enforcement actions and investor education campaign.

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