Emgoldex Philippines is Fake, confirmed by SEC

Emgoldex Philippines is Fake, confirmed by SEC

Emgoldex Philippines, according to The Securities and Exchange Commission (SEC) is a fake company.

So they warned the public to be cautious against Emgoldex Philippines, which is now out active in victimizing people with its tricky investment scheme.

Emgoldex is now using the social media to invite and attract people to invest, so beware guys it’s a face company. Emgold Philippines or Emgoldex established as an investment scheme called “Pinoy Style Patak Patak” for a promise of huge profit or high returns where an investment of P1,000 will earn profits ranging from P5,000 to P10,000 or a placement of P35,000 to P36,000.

Upon investigation and verification made by the SEC, they found out that  Emgoldex Philippines is not a registered corporation or partnership.

 “Likewise, such entity is not authorized to solicit investments from the public as it did not secure prior registration and/or license or permit to solicit investments from the Commission as required under Section 8.1 of the Securities Regulation Code,” it added.

The public is now being advised to exercise self-restraint from investing their money into such high yield-high risk investment scheme and to take the necessary precautions in dealing with the above-named entity.

“Should you have any information regarding the operation of the said entity, please call the Enforcement and Investor Protection Department at telephone numbers 584-7187 or 584-7652,” the commission noted.

Source:manilabulletin