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Regulators revoke license of Suhail Medical Center

The Securities and Exchange Commission (SEC) has revoked the corporate registration of Suhail Medical Center Inc. for its unauthorized solicitation of investments from the public to own part of its supposed hospital in Calamba, Laguna. The SEC said Suhail Medical Center has been soliciting some P1.06 million from prospective investors… ....

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SEC freezes license of clinic cum ponzi

Securities and Exchange Commission Enforcement and Investor Protection Department found the company headed by Jesser Cordova has been publicly offering and selling securities without the necessary secondary permit ....

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