SEC revokes incorporation of Bill Ford VIP Trading – Manila Bulletin
Published April 23, 2021, 6:00 AM The Securities and Exchange Commission (SEC) has canceled the corporate registration of Bill Ford VIP Trading, Inc. which has been found to have engaged in unauthorized investment activities resembling a Ponzi scheme. In an order, the SEC Enforcement and Investor Protection Department (EIPD) found the group headed by a certain Billy Ford Delos Santos Andrada to have engaged in investment-taking activities by selling or offering securities to the public without the necessary secondary license from the Commission. In doing so, BillFord Trading violated Sectio...
Source: mb.com.ph