PH SEC Hails US SEC’s Move to Charge Forsage Scam Leaders
The local regulator said it is committed to hunting down investment scams so that no Filipino will be stripped of their hard-earned money.
US SEC Cited Local Counterpart Over Forsage Cease-and-Desist Order
Last, August 1st, the US SEC announced that they have charged 11 individuals for their roles in creating and promoting Forsage.
PH SEC Issues Cease and Desist Order to Forsage and its Promoters
SEC said Forsage continued to solicit investments from the public and attempted to discredit the SEC by spreading false information that they are outside the Commission’s jurisdiction.