INVESTOR ALERT_02292024

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.  TONIK-SHOP

2.    CGI/CGI TRADING/CGI TRADING COMPANY/CGI PHILIPPINES

3.    PEGASUS TRADING

4.   TECH SOCIETY

5.    DIGIVAULT TRADING

6.    PLOTOUS

7.    ALTSTRADE

8.    TIME TO TRADE

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.

In this regard, we humbly request your assistance in the dissemination and/or posting of the attached social media card.

The Commission remains unwavering in its efforts to stamp out illegal investment-taking activities through financial literacy campaigns and advisories to the public. You may visit the SEC website at www.sec.gov.ph to learn more about the Commission’s enforcement actions and investor education campaign. (PR)