Philippine SEC Investment Scam Watchlist: Public Advisories, Cease-and-Desist Orders, and Community Reports
Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated.
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Tracking unauthorized investment schemes, Ponzi structures, and high-yield solicitation activities in the Philippines beginning in 2026.
Updated March 05, 2026.
⚠️ DISCLAIMER
This list tracks entities soliciting investments with promises of passive income, guaranteed returns, or referral-heavy rewards. The presence of an entity in the "Community Watchlist" indicates high-risk red flags but may not yet be subject to an official SEC Advisory.
Reported a suspected scame here.
Digitalization has brought new opportunities to the financial sector, but it has also opened doors for malicious actors to exploit investors.
This article serves as a living watchlist — a community-driven and regulator-informed effort to identify entities exhibiting high-risk behaviors. This guide aims to help the public spot red flags, track regulatory actions, and avoid financial harm.
Table of Contents
Spotted by Regulators
In the Philippines, the Securities and Exchange Commission (SEC) is responsible for overseeing the corporate sector and regulating the securities market. Its primary functions include formulating policies, approving registrations, and safeguarding the investing public by enforcing securities laws.
The SEC regularly issues Public Advisories to warn the public about entities soliciting investments illegally or without proper licenses. While an advisory does not immediately shut down an operation, it alerts investors that the scheme is unsafe and potentially fraudulent.
If a company continues its illegal operations, the SEC escalates the matter by issuing a Cease-and-Desist Order (CDO). This is a legal directive that officially prohibits the entity from continuing its investment activities.
SEC Advisories and Cease-and-Desist Orders (2026)
Note: This list includes entities flagged for offering unregistered investment schemes relevant to the subjects covered by BitPinas (crypto, illegal investments, etc). This list is from the SEC website. Please direct all concerns to the SEC (contact info here), which maintains the list.
| Entity | Date of Advisory or Cease-and-Desist Order | Alleged Scheme (According to the Advisory or Cease-and-Desist Order) | Reason for Advisory or Cease-and-Desist Order |
| MAD DEVPT. REALTY DEVELOPMENT CORPORATION MAD DEVPT. REALTY CORPORATION MADDEV/MADHOSTEL MADSHOSTEL SIARGAO | January 07, 2026 (Public Advisory) | Offering and selling securities in the form of shares of stock and/or non-proprietary shares. | Does not have the required secondary license. |
| VALTORO SPARTAN CONSULTANCY CORPORATION VALTORO SPARTAN TRADING | January 07, 2026 (Public Advisory) | Subscription plan promising up to 912.5% profit for 12 months. Direct and multi-referral bonus programs. | Not registered with the SEC; lacks necessary license to offer securities. |
| VT MARKETS VT MARKETS (PTY) VT MARKETS (PTY) LTD VT MARKETS LTD | January 07, 2026 (Public Advisory) | Enticing the public to join, register, and trade unregistered securities. | Is not registered with the SEC and does not have the necessary license to offer securities. |
| FBS FBS PHILIPPINES FBS MARKETS INC. FBS BROKER FBS TRADING BROKER FBS FOREX BROKER ONLINE | January 08, 2026 (Public Advisory) | Enticing the public to join, register, and engage in trading activities, including the buying and selling of unregistered securities. Engaged in a public offering of securities. | Is not registered with the SEC and does not have the necessary license to offer securities. Does not have any pending regulatory sandbox applications with the PhiliF Fintech Innovation Office and is neither previously nor currently enrolled in the strategic sandbox program. |
| AYALA INVESTMENTS AI INEFEX | January 09, 2026 (Public Advisory) | Falsely advertised online through a phishing website designed to imitate a legitimate news media outlet. | Is not registered with the SEC and does not have the necessary license to offer securities. |
| LS KBS KBSEX KBS Exchange KBSEX Exchange LS KBS Crypto Trading LS Crypto Currency Humanitarian Org. Cebu SDX Exchange | January 12, 2026 (Public Advisory) | Enticing the public to join, register, and engage in trading activities, including the buying and selling of unregistered securities. | Is not registered with the SEC and does not have the necessary license to offer securities. |
| EM PRESS FINANCE AND LENDING COMPANY Empress Finance Company BMN Finance and Lending Corporation BMN Investment Lending and Finance Corporation 10BMN Lending and Finance GC | January 13, 2026 (Public Advisory) | Conducting unauthorized lending and financing activities, primarily through social media, particularly Facebook. | Is not registered as an entity for financing and lending. |
| INTERACTIVE BROKERS’ IBKR INTERACTIVE BROKERS GROUP, INC. | January 22, 2026 (Public Advisory) | Promotes to PH users and allows users in the Philippines to create accounts, deposit funds, and trade various investment products, including derivative instruments, through electronic means. | Is not registered with the SEC and does not have the necessary license to offer securities, which includes derivatives. |
| FIDELITY CAPITAL INVESTMENT GROUP YEPBIT EXCHANGE PTY. LIMITED | January 26, 2026 (Public Advisory) February 04 (Cease-and-Desist Order) | Promises high-yield returns with a minimum investment of $500 up to a maximum investment of $3,000. The passive income is received twice per day in exchange for the said investment. Investors are required to actively recruit new investors to join the investment scheme; otherwise, they are not allowed to withdraw their passive income. | ADVISORY: Is not registered with the SEC and does not have the necessary license to offer securities. CEASE-AND-DESIST ORDER: Violations of the Securities Regulation Code and other relevant laws, rules, and regulations. |
| BASICS AND ORGANIC CO. INCORPORATED | January 27, 2026 (Public Advisory) | Collecting funds from the public to invest under its “Money Leasing/Dormant Partner Program” for a promise of receiving a fixed 20% interest per annum. | Is not authorized to solicit investments from the public, not having secured prior registration and/or a license to sell securities or solicit investments. |
| BG WEALTH SHARING LTD. | January 28, 2026 (Public Advisory) | Entices the public by offering investments in the guise of copy trading of cryptocurrency that will earn a 1.3% interest rate daily, compounded with a minimum investment of $500. | Is not registered with the SEC and does not have the necessary license to offer securities. |
| ONLINE LENDING PLATFORMS Google Play Store 1. ZRT Cash: Fast Cash Loan https://play.google.com/store/apps/details?id=com.zrtcash.cash 2. Temple Cash Secure Loans https://play.google.com/store/apps/details?id=com.j.pera.lend 3. Peso Money -Easy Online Loan https://play.google.com/store/apps/details?id=com.online.peso.money 4. Yaman Now -Online Peso Loan https://play.google.com/store/apps/details?id=com.yamannow.bhesprenlending.app.ph 5. PeraMada https://play.google.com/store/apps/details?id=com.ikus.osep 6. Fast Pera PH Safe & fast loan https://play.google.com/store/apps/details?id=ph.cal.fast.pera.lending&hl=en 7. USCREDIT https://play.google.com/store/apps/details?id=com.usc.red.id&hl=en 8. VIP Finance -Easy Funding https://play.google.com/store/apps/details?id=loan.finance.vip 9. Kapit Cash https://play.google.com/store/apps/details?id=com.delishalending.ph&hl=en Apple Store 1. TalaCredit-loan app quickly https://apps.apple.com/ph/app/talacredit-loan-app-quickly/id6755859430 2. Credipillar-Smart credit https://apps.apple.com/ph/app/credipillar-smart-credit/id6751840576 3. Kuhacash-loan app Philippines https://apps.apple.com/ph/app/kuhacash-loan-app-philippines/id6751885034 4. Pesoking-mabilis cash loan app https://apps.apple.com/ph/app/pesoking-mabilis-cash-loan-app/id6751636135 5. Dolo Loan https://apps.apple.com/ph/app/dolo-loan/id6752279916 6. Atome Peso -Mabilis cash Loan https://apps.apple.com/ph/app/atome-peso-mabilis-cash-loan/id6751573962 7. Fund Circle-quick Peso Loan https://apps.apple.com/ph/app/fund-circle-quick-peso-loan/id6752374479 8. Instant Loan-Mabilis cash Loan https://apps.apple.com/ph/app/instant-loan-mabilis-cash-loan/id6751995161 9. Pera Cash -Quick Peso Loan app https://apps.apple.com/ph/app/pera-cash-quick-peso-loan-app/id6751714319 10. Mabilis Pera-Mabilis cash Loan https://apps.apple.com/ph/app/mabilis-pera-mabilis-cash-loan/id6751944017 11. Peso Now–Loan App Philippines https://apps.apple.com/ph/app/peso-now-loan-app-philippines/id6751175805 12. Lucky Loan-happy cash loan app https://apps.apple.com/ph/app/lucky-loan-happy-cash-loan-app/id6749437814 13. Bilis Peso-Mabilis Cash Loan https://apps.apple.com/ph/app/bilis-peso-mabilis-cash-loan/id6751261761 14. IPC Loan-mabilis cash & loan app https://apps.apple.com/ph/app/ipc-loan-mabilis-cash-loan-app/id6756170741 15. YiuconCredit-loan app & pesoloan https://apps.apple.com/ph/app/yiuconcredit-loan-app-pesoloan/id6756866801 Websites 1. MII cash https://www.microimageint.com/#/ 2. Bilis Cash https://www.biliscash.top/ 3. Fusecash https://www.fusetech.top/#home 4. Flexible Cash Loan https://flexiblecashloan.com/user.php | January 29, 2026 (Public Advisory) | Conducting unauthorized lending and financing activities, primarily through social media, particularly Facebook. | Are not registered as an entity for financing and lending. |
| SHAWNSEI HOLDINGS CORPORATION, represented by Tony Rose S. Garcia | February 04, 2026 (Public Advisory) | Tony Rose S. entices the public to invest in SHAWNSEI HOLDINGS CORPORATION, offering a monthly profit ranging from 2 to 10%. | Is not registered with the SEC and does not have the necessary license to offer investment contracts. |
| PARU-PARU KOSHIRO MACHI, through Facebook account, Madrigal Solar Farming | February 04, 2026 (Public Advisory) | Investors receive an automated form to be filled out by the investor, which includes an option choose to be a contractor or an investor, ranging from ₱100,000.00 to ₱20,000,000.00. | Is not registered with the SEC and does not have the necessary license to offer investment contracts. |
| “TRADEXPERT” ANGELITO HARINA | February 06, 2026 (Cease-and-Desist Order) | Offers investments to the public BY providing daily income ranging from 1% to 1.5%, with maturities of 10 to 30 days, depending on the chosen plan. Offers opportunity for their investor to earn more rewards through their referral program, where members share their affiliate code and for every successful invite, the member receives a one-time commission of 5%. | Ongoing violations of the Securities Regulation Code, and other rules and regulations being enforced by the Commission. |
| JRL KWARTA TRADING CO. | February 09, 2026 (Public Advisory) | Offers an investment product in the province of Pangasinan for a promise of receiving a 10% monthly interest. | Is not registered with the SEC and does not have the necessary license to offer investment contracts. |
| MTSN INTERNATIONAL OPC, LEX FRANCHISING OPC, and LEVEX INTERNATIONAL OPC, all represented by Alexander Gabayno San Carlos as its sole incorporator with Meriel “Jhun” Clores Serdan, Elmer Gabayno, and Verlan “Lanz” Moreno Enrile as his business partners; and Shirley “Shen” Nolledo as an agent and representative of LEX FRANCHISING, MTSN, and LEVEX | February 09, 2026 (Public Advisory) | Entices the public to be their investor with a guaranteed monthly income of 5% of the amount of capital to be invested by the investor. | Is not registered with the SEC and does not have the necessary license to offer investment contracts. |
| TAGALOGIX AI LTD (TAGALOGIX AI) | February 11, 2026 (Public Advisory) | Scheme considered as conventional investment solicitation structure directed at the public under the guise of innovation. | Does not have the required license. |
| SEAGULL ALLIANCE, often associated with names such as “RISCOIN” or “LEAGUE OF SEAGULL” | February 12, 2026 (Public Advisory) | Entices investors through a cryptocurrency copy-trading scheme, promising 1%-4% daily interest, compounded, with a minimum investment of USD 500 or approximately ₱30,000.00. | Is not registered with the SEC and does not have the necessary license to offer investment contracts. |
| Tala Financing Philippines, Inc. FAKE Facebook Page | February 12, 2026 (Public Advisory) | Falsely uses the name, logo, and branding of Tala Financing Philippines, Inc., and purports to offer loan products to the public. | Any loan offers, solicitations, payment instructions, or requests for personal or sensitive information coursed through the subject Facebook page are unauthorized, deceptive, and indicative of a fraudulent scheme. |
| BASICS AND ORGANIC CO. INCORPORATED, represented by Angelica Castillo Suarez and Jenny Rose Pascua | February 13, 2026 (Public Advisory) | Collecting funds from the public to invest under its “Money Leasing/Dormant Partner Program” for a promise of receiving a fixed 20% interest per annum. | Is not registered with the SEC and does not have the necessary license to offer investment contracts. |
| KITTLY CORPORATION (L&C GROUP OF COMPANIES) | February 18, 2026 (Public Advisory) | Entices the public to a pay model with a minimum investment of ₱50,000.00 and a maximum investment of ₱500,000.00, with a guaranteed interest per month of 5%. | Is not registered with the SEC and does not have the necessary license to offer investment contracts. |
| UMETA CREDIT LENDING CORP. Doing business under the name/s and style/s of MorePautang Lending, MetaPeso Lending, MoreJuan Lending and MetaCash Lending | February 18, 2026 (Cease and Desist Order) | Is a registered lending platform, with Certificate of Registration No. 2022020043677-01; CA No. L-22-0143-87. | Engaged in unfair and abusive debt collection practices. |
| ONLINE LENDING PLATFORMS, MOBILE APPLICATIONS, WEBSITES, AND FACEBOOK PAGES Google Play Store • MintGuard – Smarter Credit https://play.google.com/store/apps/details?id=com.mintguard.smart.credit • AntSave: Daily Expense Tracker https://play.google.com/store/apps/details?id=com.save.ant.spuerb • Cashaya – Fast Cash Loan App https://play.google.com/store/apps/details?id=com.online.cash.pesa.cashaya • LoanMate – Trusted Cash Loan https://play.google.com/store/apps/details?id=com.gul.loanmate • Cash Aid https://play.google.com/store/apps/details?id=com.fundotruck.aidcash Apple Store • Salmon Credit Cash Loan App https://apps.apple.com/ph/app/salmon-credit-cash-loan-app/id6748670465Mga Website • https://pardeep-lending-and-trading.com (fake SALMON app) • https://www.rafaraquelfinancingph.com/ (fake RAFA-RAQUEL LOANS AND CREDIT, INC.) • https://www.carmencredit888corp.com/ (fake Carmen Credit 888 Corp) Facebook Pages / Profiles • Pardeep Lending and Trading Corp (fake SALMON app) • FidoPh Lending Corp (fake) • Moneycat Financing Inc (fake) • Paragon Credit Alliance 604 Corporation (fake) • Credipillar • Asialink Micro Finance Service PH • Finance Business Loans Credit Services PHP • Metropolitan Bank Cooperation • Aimee Pineda • Patricia Catherine Premium Loan Assistance • Financial Service INC, CO. • Aeon Credit Service Philippines Inc. • MLhuillier Lending Finance Solutions • GoTyme Bank Commerce Cash of PHL • M Lhuillier Fast Loan Service • GoTyme Bank Service Loan-PHP • GoTyme Cash Relief Finance Inc • Right Finance • Mlhuillier Lending Professionals Inc (fake Tradition Financial Services Philippines, Inc.) • PacificNet Finance Solutions and Lending (fake ARQCAPITAL SME FINANCE INC) | February 23, 2026 (Public Advisory) | Conducting unauthorized lending and financing activities, primarily through social media, particularly Facebook. | Some are not registered. Some are counterfeit companies. Some ar fake. |
| Unidentified individuals who are representing themselves as personnel of IGC SECURITIES INC., and are sending deceptive letters to the public through “WhatsApp” utilizing mobile number 09279248872 | February 24, 2026 (Public Advisory) | Falsely claiming that recipients maintain investment portfolio with their company and must settle tax obligations before withdrawing the funds. | The unidentified individuals are impersonating and using the name and logo of IGC SECURITIES INC., including the identity of its personnel, to give their operations the appearance of legitimacy to mislead the public. |
| SALMON CREDIT SALMON CREDIT CASH LOAN APP MABILIS CREDIT MABILIS CREDIT-QUICK CASH LOAN | March 02, 2026 (Public Advisory) | Allegedly offering credit or loan services to the public. | Not recorded as online lending platforms under any duly authorized financing or lending company on record with the SEC, insofar as verification is concerned at this stage. |
| RIGH FUEL MARKETING BRIGHT PATH GLOBAL | March 05, 2026 (Public Advisory) | Offering investment plans in the guise of co-ownership, where for a minimum investment of ₱1,000.00, the investor will earn 3% up to 45% monthly for six months. | Is not registered to offer and sell securities in the form of investment contracts. |
| JFUNDS BUSINESS CENTER Pastor Jonard Famor | March 05, 2026 (Public Advisory) | Enticing Filipinos from Surigao City and province of Dinagat Island to invest money in the said entity for at least ₱5,000.00, with a promise return of 30% per month. | Is not registered to offer and sell securities in the form of investment contracts. |
How to Report an Unusual Scheme?
Step 1: Check for these red flags:
- ✅ “Guaranteed” Returns: A too-good-to-be-true interest rate.
- ✅ “Passive” Income: Earns even when asleep.
- ✅ “Recruitment” Required: Inviting new members is required to
Step 2: Submit a community report to BitPinas here. (Note that this is optional. It is best to contact authorities (proceed to Step 3)).
Step 3: Report to the SEC hotline.
- Email: epd@sec.gov.ph
- Or visit the SEC’s Enforcement and Investor Protection Department: 9/F, The SEC Headquarters, 7907 Makati Avenue, Salcedo Village, Brgy. Bel-Air, Makati City.
What to Do if You Are a Victim of a Scam?
Step 1: Stop All Deposits Immediately
- Do not send any more money. Do not use another exchange they are asking you to use.
- Do not try to “earn back” the losses by investing in another scheme.
Step 2: Gather and Preserve Evidence
- Authorities need proof to build a case. Do not delete the apps or leave the group chats yet.
- Gather the following immediately:
- Screenshots
- Transaction Hashes
- Wallet Addresses
- Profile Identities
Step 3: Report to SEC
Step 4: File a Complaint with the NBI or PNP
- NBI Cybercrime Division: ccd@nbi.gov.ph
- PNP Anti-Cybercrime Group: acg@pnp.gov.ph
Step 5: Beware of ‘Recovery Scams’
- After a scam collapses, victims are often targeted by a second wave of scammers known as “Recovery Experts.”
Worth Reading: What to Do If You Are a Victim of Crypto Scams Like LS KBS / AUX Exchange
This article is published on BitPinas: Philippine SEC Investment Scam Watchlist: Public Advisories, Cease-and-Desist Orders, and Community Reports
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