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.
March 10, 2021 EVERYBODY wanted to be rich but others wanted the easy and quick way thus exist schemes that would lure innocent investors to fall into the scheme.
The Securities and Exchange Commission-Cebu Extension Office (SEC-CEO) warned the public on the presence of “get-rich-quick” online investment schemes and franchising.
Atty. Alma Marie Dalena, SEC-CEO officer-in-charge 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.”
January 14, 2021 | 12:05 am Font Size
AAA
THE Securities and Exchange Commission (SEC) has advised the public not to invest or stop investing in any scheme offered by Masa Mart Business Center after it has solicited investments without proper registration.
In an advisory posted on its website, the SEC said Masa Mart and its other entities such as Masa Mart Business Center OPC and Masa Mart Enterprise OPC are not authorized to solicit investments since they have not secured the necessary approval from the government.
The corporate regulator said Masa Mart and its entities have registrations with the SEC and the Department of Trade and Industry (DTI) as a one-person corporation, but need a different license to solicit investments.