SEC Flags Down S&C Shamai Cloverleaf Group of Companies, Camacho Trading for Unlicensed Investment Schemes
The SEC has halted the two entities for enticing the public into an investment solicitation, which the law requires to be licensed.
The SEC has halted the two entities for enticing the public into an investment solicitation, which the law requires to be licensed.
Platinum Coin is reportedly enticing the public with low investment fees and promising high returns, commissions, passive income, and cash gifts.
The firm is branding itself as a crypto-related investment platform that offers 12% to 36% return within 3 to 6 months, but the SEC notes that it is not registered.
The SEC has noted that Winvest is not registered with the Commission and is not authorized to solicit investments from the public.
The Securities and Exchange Commission (SEC) has flagged WebMining for its illegal investment scheme in the country.
The SEC flags an investment scheme offering up to 45% of returns for a crypto cloud mining company locally.
The SEC is advising the public to be careful when giving their money to any entities, advises them to check their SEC registrations first.
SEC has issued a warning to the public regarding FDMS Business which is allegedly soliciting investments without the necessary license.
Oriental Peak Mining promises a guaranteed 5% daily profit, or a total profit of 300% for 60 days, 225% for 45 days, or 100% for 15 days.
The investment scheme offered by these entities is considered a form of “investment contract” as defined by the Securities Regulation Code.