SEC INVESTOR ALERT_020824

SEC INVESTOR ALERT_020824

The Securities and Exchange Commission has advised the public against dealing with the following entities due to their unauthorized solicitation of investments without the necessary license from the Commission:

1.  TERRAMUSH Co.

2.  GOSHOP PH

3.  THE TIPSY TAVERN

4.  TITAN CAPITAL MARKETS/TITAN CAPITAL MARKETS PTY LTD.

5.  SK POOLS MINING CORPORATION

6.  META ADVERTISING COMPANY / META ADS LTD / META ADS

7. KALINGA VENTURE GROUP OPC / KALINGA VENTURES CAPITAL / KALINGA VENTURE INTERNATIONAL / KALINGA WEALTH & BUSINESS DEVELOPMENT SERVICES

Some of these groups’ investment schemes or actions resemble a pyramid/Ponzi scheme, where investors earn through recruitment fees instead of the sale of actual products/services, and investors are paid using the contribution of new members, according to the SEC. (PR)

PRESS RELEASE