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THE Securities and Exchange Commission (SEC) has issued another set of advisories against several entities soliciting investments from the public without the necessary licenses

 

 

 

  1. FMD LOGISTICS TRUCKING CORPORATION/FMD LOGISTICS INTERNATIONAL CORPORATION
  2. PHILAZ/PHILAZ INTERNATIONAL TRADE CO. LTD.
  3. SEAFOOD TRADE.ASIA/SHRIMP FARMING/SEAFOOD.ASIA DIGITAL MARKETING SERVICES/ONG SHRIMP   FARMING/AQUA IMPORT EXPORT AND PROPERTIES HOLDINGS INC.
  4. MONEY GAME HUB/ MGH TRADING OPC
  5. SCET COLLEENS CORPORATION (SCET)
  6. FILIPINO FAMILY CLUB INTERNATIONAL INC.
  7. SPAV SOLUTIONS CORP. doing business under the names and styles of EMPORIA INSTITUTE, EMPORIA
  8. EVERY SUPERMARKET, TINDAHAN XPRESS INC., MP. SALES INC.
  9. BRIO DE AGOHO CLUB RESORT INC./BRIO DE AGOHO/AGOHO RESORT AND VILLAS INC.

For the complete list of advisories, you may visit https://www.sec.gov.ph/investors-education-and-information/advisories/

The SEC-Davao Extension Office has verified the operations/recruitment of the following entities in its area of responsibility (Davao Region, Soccsksargen and Maguindanao Province):

  1. FMD LOGISTICS TRUCKING CORPORATION/FMD LOGISTICS INTERNATIONAL CORPORATION
  2. PHILAZ/PHILAZ INTERNATIONAL TRADE CO. LTD.
  3. SEAFOOD TRADE.ASIA/SHRIMP FARMING/SEAFOOD.ASIA DIGITAL MARKETING SERVICES/ONG SHRIMP   FARMING/AQUA IMPORT EXPORT AND PROPERTIES HOLDINGS INC.
  4. MONEY GAME HUB/ MGH TRADING OPC

FMD LOGISTICS TRUCKING CORPORATION/FMD LOGISTICS INTERNATIONAL CORPORATION, headed by John Edward Obatay Victorio, Mark Anthony Ballesteros and Ronel Joven Lapira, is apparently offering a business opportunity where a prospective investor will make an initial investment of P11,000.00 to P315,000.00 with a promise of profit of up to 55% in just 6 months.

PHILAZ/PHILAZ INTERNATIONAL TRADE CO. LTD. claims to be a self-service order placement platform for all international e-commerce companies, supporting mainstream e-commerce platform such as Shoppee, Lazada, Amazon and Ebay. Investors can earn Php50.00 to Php3,600.00 daily or up to Php1,500.00 to PHP108,000.00 monthly depending on what plan they avail of.

SEAFOOD TRADE.ASIA/SHRIMP FARMING/SEAFOOD.ASIA DIGITAL MARKETING SERVICES/ONG SHRIMP   FARMING/AQUA IMPORT EXPORT AND PROPERTIES HOLDINGS INC. owned and operated by Kyle Belo Chan are enticing the public to participate in its aquaculture farming business by offering several packages with 40% to 170% guaranteed Return on Investment (ROI) from the period of 50 to 150 days.

MONEY GAME HUB/ MGH TRADING OPC is allegedly a perfume-distribution marketing company and is headed by Alexander Libres Salvador who entices the public to join the company and invest a minimum of Five Hundred Pesos (Php500.00) and promises seven times (7X) return on investment for a period of 40 days.

SCET COLLEENS CORPORATION (SCET), headed by Shara Jane Casao Chavez, Kay Anne Cuizon Leyson, Edith Francisse Villegas Tablante, Earn Sta. Rita Saguindel, And Artemio Tarona Ponce, Jr., is offering   a   number   of   investment   packages and   promos   ranging   from   Three Thousand Eight  Hundred  Pesos  (Php3,800.00)  to  One  Million  Eighty  Thousand Pesos (Php1,080,000.00) promising guaranteed lucrative passive returns of Five to Eight  Percent  Return  of  Investment  (5-8%  ROI)  per  month and other bonuses with little  or  no  risk.

FILIPINO FAMILY CLUB INTERNATIONAL INC. formerly or a variation of the FRANCIS LEO MARCOS FAMILY CLUB INCORPORATED or FLM FAMILY CLUB, INC. by Francis Leo A. Marcos or Norman A. Mangusin is continuously soliciting donations from public for its dubious humanitarian activities without prior registration, license and/or accreditation from the Department of Social Welfare and Development (DSWD).

SPAV SOLUTIONS CORP. DOING BUSINESS UNDER THE NAMES AND STYLES OF EMPORIA INSTITUTE, EMPORIA (FORMERLY SPAV SOLUTIONS CORP.) (“SPAV SOLUTIONS CORP.” for brevity) headed by Mr.  James Ryan A.  Sumilang and Neilbert Abella. SPAV SOLUTIONS CORP. supposedly operates a foreign currency exchange trading business and had accepted investments from their colleagues and acquaintances in different accounting firms, with a promise of up to three percent (3%) of the total pool of managed funds or an average of 30% for a three (3) months trading period.

Under the program of EVERY SUPERMARKET, TINDAHAN XPRESS INC., MP. SALES INC., headed by Raymond P. Pineda, a.k.a. “Mon Pineda.” Under its program, the applicant may invest THREE HUNDRED SEVENTY-EIGHT THOUSAND PESOS or FIVE HUNDRED FIFTY THOUSAND PESOS, depending on the selected plan, projecting an earning opportunity with a “conservative” return of income ranging from “10% to 20% earnings per year.”

BRIO DE AGOHO CLUB RESORT INC./BRIO DE AGOHO/AGOHO RESORT AND VILLAS INC., headed by its President and Chairman of the Board, Maricel P. Valentin. BRIO DE AGOHO CLUB RESORT INC./BRIO DE AGOHO/AGOHO RESORT AND   VILLAS   INC. are   offering  and  selling  their  club  shares  through  their  “Lifetime  Co-ownership Business Model” or “Fractional  Ownership”  for the amount of  Php975,000.00 which are available in different payment options such as  Post-Dated Cheques (PDC), Auto Debit, Online  Banking(preferred  receiving  bank  is  Union  Bank),  Over-The-Counter,  Paymaya/7-Eleven  via  Cliqq  Payment  and  Cash  Payment  (Xavierville  Office/Briode  Agoho  Office).  A down payment of 20% or Php195,000.00 is payable in eight months and the balance of 80% or 780,000.00   is   payable   in   Twenty   Five   Months; total share   price   is   Php975,000.00   plus processing Fee of Php20,000.00.

We are reminding the public to exercise caution when dealing with individuals or groups soliciting investments for and on their behalf.

PLEASE NOTE THAT THE SEC CANNOT GUARANTEE THE RECOVERY OF YOUR MONEY.

Those who act as salesmen, brokers, dealers or agents in selling, convincing or recruiting people to invest in illegal schemes may be prosecuted and held criminally liable under Section 28 of the Securities Regulation Code (SRC) and penalized with a maximum fine of   FIVE MILLION   PESOS (P5,000,000.00) or a penalty   of   TWENTY-ONE (21)   YEARS   OF IMPRISONMENT or both.

Furthermore, the names of all those involved will be REPORTED TO THE BUREAU OF INTERNAL REVENUE (BIR) so    that    the    appropriate    penalties    and/or    taxes be correspondingly assessed.

The Commission also highly encourages our LGUs to double check in approving the permits of these businesses and their owners.

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