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SEC warns public vs investment scams

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CAGAYAN DE ORO CITY, May 15 –The Securities and Exchange Commission (SEC)-Cagayan de Oro Extension Office has released 28 advisories against entities dealing with fraudulent activities. In its continuous efforts in investigating possible investment scams, the Commission warns the public not to fall prey to these investment scams.

Since the start of the year 2021, the Commission was able to identify 28 entities already with malicious business transactions found to be soliciting investments from the public without the appropriate certificate of registration to sell securities.

The following are the entities or corporations which were issued with advisories, and public are advised to avoid dealing with the following: Masa Mart Business OPC, iWATCH.ph Corporation, Mers Business Center, Seven Stag International OPC, Royal O Financial Consultancy Services, RGS World Marketing Corp., Bitaccelerate / Bitaccelerateproject.com, Yumboss Corporation, Bitexpress…

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