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SEC cracks down on 6 firms with illegal investment schemes

The Securities and Exchange Commission (SEC) continues its crackdown against firm’s illegally soliciting investments from the public and operating Ponzi schemes to defraud Filipinos of hard-earned money during these hard times. In various orders issued recently, the corporate watchdog has issued w

SEC continues crackdown on illegal solicitations of investments

The Securities and Exchange Commission ordered two entities, Sophia Francisco Holding OPC and BeastnessAllDay Corp. to stop soliciting investments from the public as they do not have the proper licenses.

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