MCM Royalty Legacy International, Inc.
SEC-EIPD Advisory • Securities and Exchange Commission Departments • Enforcement and Investor Protection Department (EIPD) • Oct 19, 2021
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October 19, 2021 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY Based on the information gathered by the Commission, a number of individuals or group of persons claiming to represent MCM ROYALTY LEGACY INTERNATIONAL, INC./ROYALTY LEGACY INTERNATIONAL, INC. headed by MARY CHILES TALAMAYAN MENDOZA and JAMES CATIMBAG SABENECIO , are enticing the public to invest their money in said entity. MARY CHILES TALAMAYAN MENDOZA is an incorporator, director, stockholder, and treasurer of Yeheey iTraffic System, Inc. , the subject of an SEC Advisory issued on August 2018, whose Certificate of Registration was revoked by the Commission on 4 April 2019 for serious misrepresentation as to what it can do or is doing to the great prejudice of and damage to the general public for its "paid-to-click" program. She was also involved in entities like Pays Up Online Marketing Business and Pays-UpGen Marketing Business Unlimited which likewise became the subject of an SEC Advisory on 27 September 2019. 1 MCM ROYALTY LEGACY INTERNATIONAL, INC./ROYALTY LEGACY INTERNATIONAL, INC. is enticing the public to join with just P1,000.00 in order to own/franchise the following business services: travel & tours (ticketing), bills payment, e-loading services & Wellness Products which will be registered in the name of the investor. Notably, investors may avail of up to 15 accounts per name. As posted, an individual who was convinced to join the company can earn by choosing from the four (4) types of packages it offers, namely: STARTER, BUILDER, ELITE AND EXECUTIVE . Hereunder are the company's ways to earn: Through PASSIVE INCOME Guaranteed P1,000 investment earns P3,000.00 in 15 days even without invites: 1. PRODUCTS REBATES BONUS Earn P100.00 daily income even without invites by logging in to your own account and in 15 days you will earn Php1,500. 2. PRODUCTS PACKAGE REBATES BONUS (MONTHLY company profit which depends on the sharing one time per account). The 10% monthly company earnings on the total sales of the product packages shall be divided among all members who have not reached the Php3,000 total wallet income. Through ACTIVE INCOME earn from Php3,000.00 to 45,000.00 per day. 3. DIRECT SELLING Earn 50% discount on all products 4. DIRECT REFERRAL BONUS Earn Php100.00 for every invites. 5. PAIRING BONUS Earn Php100.00 for every left and right pair (30 pairs per day) 6. UPLINE FLUSHOUT PAIRING If the UPLINE reached more than 30 pairs of pairing bonus, earn 5% from every flush out of the upline. Safety Net: P1,000.00 per day 7. DIRECT FLUSHOUT PAIRING BONUS Earn 5% for every flush out pairing bonus of the downlines, but with a Safety Net of P1,000.00 per day 8. LEADERSHIP BONUS Earn 10% from every pairing bonus of Direct Referral, but with a Safety Net of P1,000.00 per day. 9. LEVELING BONUS Earn Php200.00 for every level of Direct referral (1st to 10th) 10. REACTIVATE BONUS Earn unlimited P500.00 for every reactivation of Direct referral The schemes being offered by MCM ROYALTY LEGACY INTERNATIONAL, INC./ROYALTY LEGACY INTERNATIONAL, INC. is not within its allowed activities and partake of the nature of securities in form of investment contract. Thus, under the Securities Regulation Code (SRC) said offer and sale of securities must be duly registered with the Commission and that the concerned entity and/or its agents should have the appropriate registration and/or license to sell such securities to the public. While MCM ROYALTY LEGACY INTERNATIONAL, INC. was registered with the Commission on 17 January 2020 under Company Reg. No. CS202000857, it OPERATES WITHOUT THE NECESSARY LICENSE AND/OR AUTHORITY to solicit, accept or take investments/placements from the public nor to issue investment contracts and other forms of securities defined under Section 3 of the SRC . Hence, those who act as salesmen, brokers, dealers or agents or claim to act as such for MARY CHILES TALAMAYAN MENDOZA, JAMES CATIMBAG SABENECIO and MCM ROYALTY LEGACY INTERNATIONAL, INC./ROYALTY LEGACY INTERNATIONAL, INC. in selling or convincing people to invest in the scheme being offered by said entity including solicitations and recruitment through the internet may be prosecuted and held criminally liable under Section 28 of the SRC and penalized with a maximum fine of Five Million pesos (Php5,000,000.00) or penalty of Twenty-one (21) 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). Further, the names of all those involved will be reported to the Bureau of Internal Revenue (BIR) so that the appropriate penalties and/or taxes be correspondingly assessed. In view thereof, the public is advised NOT TO INVEST or STOP INVESTING in any investment scheme being offered by MCM ROYALTY LEGACY INTERNATIONAL, INC./ROYALTY LEGACY INTERNATIONAL, INC. and exercise caution in dealing with any individuals or group of persons soliciting investments or recruiting investors for and on behalf of MARY CHILES TALAMAYAN MENDOZA and JAMES CATIMBAG SABENECIO through MCM ROYALTY LEGACY INTERNATIONAL, INC./ROYALTY LEGACY INTERNATIONAL, INC. Should you have any information regarding any investment solicitation by any individuals or group of individuals on behalf of MARY CHILES TALAMAYAN MENDOZA and JAMES CATIMBAG SABENECIO through MCM ROYALTY LEGACY INTERNATIONAL, INC./ROYALTY LEGACY INTERNATIONAL, INC., please send your report to the ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT at [emailprotected] . For the guidance of the public. Pasay City, October 19, 2021. Footnotes 1. https://www.sec.gov.ph/advisories-2019/pays-up-online-marketing-business-inc-and-pays-upgen-marketing-business-unlimited-inc/.
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