SEC INVESTOR ALERT

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. VALERO ENERGY CORPORATION PHILIPPINES

2. INFINITY8NETWORKS DIGITAL SERVICES OPC

3.  TRADE CITY-MALLA

4. ARCANE DIGITALMARKETING

5.  MITRADE

6. OCTAFX /OCTA TRADING

7.  BINANCE

8. KITO-KIKO VARIETY SHOP/KITO-KIKO INCORP.

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)