SEC warns public vs dealing with 28 unregistered firms soliciting investments

CAGAYAN DE ORO CITY, Misamis Oriental, Philippines —The Securities and Exchange Commission (SEC) here warns the public against dealing with 28 unlicensed firms soliciting investments.

“In its continuous efforts in investigating possible investment scams, the Commission warns the public to be careful in dealing (with) their investments,” lawyer Frederick Enopia, officer-in-charge of the SEC Cagayan de Oro extension office, said on Wednesday.

Since the start of the year, SEC has been able to identify 28 entities soliciting investments without the appropriate certificate of registration to sell securities. The public is advised to avoid dealing with them.

Following is the list provided by SEC :

• Masa Mart Business OPC
• iWATCH.ph Corporation
• Mers Business Center
• Seven Stag International OPC
• Royal O Financial Consultancy Services
• RGS World Marketing Corp.
• Bitaccelerate /…