SEC ADVISORY: MONEYFESCENT GLOBAL VENTURES OPC, ZYDEX TRADING, E-TON TRADING / ETON PHIL TRADING / E-TON TRADING: PROFIT SHARING

SEC ADVISORY: MONEYFESCENT GLOBAL VENTURES OPC, ZYDEX TRADING, E-TON TRADING / ETON PHIL TRADING / E-TON TRADING: PROFIT SHARING

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. MONEYFESCENT GLOBAL VENTURES OPC

2. ZYDEX TRADING

3. E-TON TRADING / ETON PHIL TRADING / E-TON TRADING: PROFIT SHARING

These groups have been enticing the public to invest in their investment schemes with promised lucrative earnings. Their 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