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The Securities and Exchange Commission is asking the public to stop investing in the scheme being offered by Ground Zero Poultry Agricultural Corporation and its representatives as this has the characteristics of a Ponzi scam. Based on reports and information gathered by the Commission, individual
The Securities and Exchange Commission - Cebu Extension Office building. (File photo) CEBU CITY - The extension office of the Securities and Exchange Commission (SEC) on Wednesday advised Cebuanos to refrain from engaging individuals who pose as investment solicitors representing organizations not registered with the government. Vanessa Almeda, SEC-Cebu information officer, said in an emailed message that the Enforcement and Investor Protection Department (EIPD) of the commission discovered five entities that are not registered with them but are inviting individuals to invest through online pl...