Smartpay International
SEC Advisory • Securities and Exchange Commission • Advisories • Nov 3, 2015
Full text
November 3, 2015 SEC ADVISORY This Advisory is prompted by news reports that a number of individuals were lured into investing in SMARTPAY INTERNATIONAL's scheme that promises a thirty percent (30%) payout to investors. Based on the records of the Commission, SMARTPAY INTERNATIONAL is not registered as a corporation or as a partnership . There being no primary license, it is likewise not authorized to solicit investments which require a secondary license as provided under Section 8.1 of the SRC. In view thereof, the public is hereby advised to STOP from investing their money into such high yield high-risk investment scheme and to take the necessary precaution in dealing with individuals representing 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 number (02) 584-6047 or send an email to [emailprotected] . For the guidance of the public.
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