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SEC flags JPCompany Online Shop for unregistered investment solicitations

BusinessWorld May 3, 2021 | 12:06 am THE Securities and Exchange Commission (SEC) has issued an advisory against JPCompany Online Shop for collecting investments from the public without registering with the regulator and without securing the proper license. JPCompany Online Shop or JP Company is said to be headed by a certain John Paul Acuzar Chan. The SEC noted that the entity has acquired a certificate of business name registration in January from the Department of Trade and Industry (DTI) under business name number 2515205. Its DTI registration is under the name of Mr. Chan with a limited scope within Brgy. Bangkal in Makati City.

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