The Securities and Exchange Commission (SEC) has ordered Negros Occidental-based RGS World Marketing Corporation to stop operating its illegal investment scheme targeting investors in Western Visayas. In an order, the Commission En Banc directed RGS World to immediately cease and desist from engagi
March 10, 2021 EVERYBODY wanted to be rich but others wanted the easy and quick way thus exist schemes that would lure innocent investors to fall into the scheme.
The Securities and Exchange Commission-Cebu Extension Office (SEC-CEO) warned the public on the presence of “get-rich-quick” online investment schemes and franchising.
Atty. Alma Marie Dalena, SEC-CEO officer-in-charge said, “it is timely that we are issuing this call to the public when we’re celebrating International Women’s Day as these scammers are likely to entice mostly women who are left at home or are busy at work and juggling finances while facing this global health crisis.”