Fast Five System-United Phoenix Team

March 9, 2020 SEC ADVISORY The Securities and Exchange Commission ("Commission") received information regarding the alleged investment-taking activities and operations of an entity named FAST FIVE SYSTEM-UNITED PHOENIX TEAM . FAST FIVE SYSTEM-UNITED PHOENIX TEAM claims to be a marketing arm of ROYALE BUSINESS CLUB INTERNATIONAL, INC. The said entity aims to recruit members of the Philippine National Police, teachers, and other government officials mainly because these people can easily avail of a loan that they can use to pay for the membership fee to ROYALE BUSINESS CLUB INTERNATIONAL, INC. Based on the information gathered by the Commission, FAST FIVE SYSTEM-UNITED PHOENIX TEAM lures the public by recruiting them to become members of ROYALE BUSINESS CLUB, INC. Instead of enrolling one account, they convince the prospective investor to enroll seven accounts under one name simultaneously. The seven accounts amount to ONE HUNDRED FIFTEEN THOUSAND PESOS (PhP115,000.00) . In return, the investor would receive Royale's Product worth One Hundred Fifty-Five Thousand Pesos (PhP155,000.00) , more or less. Upon payment of the said amount, the investor will automatically receive a net profit in the amount of Ten Thousand Five Hundred Pesos (PhP10,500.00) . The scheme focuses on the recruitment of new members to gain profit rather than sale of Royale products. According to the report, if the member will be able to recruit the number of investors in the below attached program he/she can earn as much as Six Hundred Forty-Six Thousand Two Hundred Pesos (PhP646,200.00) in a span of five (5) months. Further, the scheme highlights that after a certain number of direct recruits, the members need not do anything to earn profit since their downline will do the work for them. The public is hereby informed that FAST FIVE SYSTEM-UNITED PHOENIX TEAM is not registered with the Commission and was not issued a secondary license. Therefore, it is not authorized to offer, solicit, sell or distribute any investment/securities to the public as such activities require a Secondary License from the Commission. IN VIEW WHEREOF , the Public is hereby advised to exercise caution in dealing with FAST FIVE SYSTEM-UNITED PHOENIX TEAM or persons purporting to be its representatives. Those who act as salesmen, brokers, dealers or agents of FAST FIVE SYSTEM-UNITED PHOENIX TEAM in selling or convincing people to invest in the scheme being offered by said entity including solicitations and recruitment may be prosecuted and be held liable under Section 28 of the SRC. If adjudged guilty, they can be penalized with a maximum fine of Five Million Pesos (PhP5,000,000.00) or penalty of Twenty-One years of imprisonment or both pursuant to Section 73 of the SRC. Also, those who invite or recruit others to join or invest in such venture or offer investment contracts or securities to the public may incur criminal liability, or otherwise be sanctioned or penalized accordingly as held by the Supreme Court in the case of Securities and Exchange Commission vs. Oudine Santos (G.R. No. 195542, 19 March 2014). Should you have any information regarding any investment solicitation by any individuals or group of individuals on behalf of FAST FIVE SYSTEM-UNITED PHOENIX TEAM , please call the ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT (EIPD) at telephone number (02) 8818-6047, or send your report to the EIPD at [emailprotected] . You may also visit the EIPD office situated at Ground Floor, North Wing Hall, Secretariat Building, PICC Complex, Pasay City. For the guidance of the public. Pasay City, March 9, 2020.