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SEC orders R L Aggregates to stop soliciting investments
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SEC orders firm to stop investment solicitation
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SEC issues cease-and-desist order vs R L Aggregates
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March 15, 2021 AS THE world honors women of all races, the Securities and Exchange Commission-Cebu Extension Office (SEC-CEO) warns the public on the presence of “get-rich-quick” online investment schemes and franchising.
In a statement, SEC-CEO officer-in-charge lawyer Alma Marie Dalena said, “It is timely that we are issuing this call to the public when we’re celebrating International Women’s Day as these scammers are likely to entice mostly women who are left at home or are busy at work and juggling finances while facing this global health crisis.”
Financially, the effects of the Covid-19 pandemic have brought such economic upheaval in the purses of the people, and the presence of these get-rich-quick schemes are enticing to the public who are in need of money.