SEC INVESTOR ALERT_021524

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.  R&T LIFESTYLE TRENDS INTERNATIONAL INCORPORATED

2.  BADETH’S FOODHOUSE

3.   ROBINSON COMPANY

4.  SOAO, SOAO TECHNOLOGY, SOAO-TECHNOLOGY. LTD. ADVERTISING OPC, SOAO ENERGY and SOAO GROUP

5.   AMERICA MALL-PH

6.   REVEAL

7. CAMACHO PACKAGING SUPPLIES OPC/CAMACHO TRADING/CAMACHO PACKAGING SUPPLIES TRADING

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)