WonkaCash/Wonka Cash App Financial Consultancy Services

April 13, 2021 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY This ADVISORY is prompted by reports and information gathered by the Commission that individuals or group of persons representing WONKACASH/WONKA CASH APP FINANCIAL CONSULTANCY SERVICES which is being operated through a person or persons using the pseudonym " LUISITO TARUC ," is enticing the public to invest in said entity. Based on reports from the public and as posted on Facebook (FB) Page (WonkaCash Official Group), WONKACASH is enticing the public to invest in the said entity with a promise of One Hundred Percent (100%) return or double-your-money in just 12 days . The investor can invest a minimum amount of Five Hundred Pesos (Php500.00, Starter Package) or up to Two Hundred Thousand Pesos (Php200,000.00, Max Level) . An investor can also earn from direct referral ranging from 50% direct referral, and 10% bonus up to the 10th level. INCOME SUMMARY Package Amount Daily Earnings 12 Days Income Starter P500.00 P83.33 P1,000.00 Basic P2,500.00 P416.67 P5,000.00 Standard P5,000.00 P833.33 P10,000.00 Premium P15,000.00 P2,500.00 P30,000.00 De Luxe P25,000.00 P2,083.33 P25,000.00 Super De Luxe P50,000.00 P8,333.33 P100,000.00 Wonka Boost P100,000.00 P16,666.67 P200,000.00 Max Level P200,000.00 P33,333.33 P400,000.00 The scheme of WONKACASH partakes of the offering and sale of securities, in the form of investment contracts to the public as its investors need not exert any effort other than to invest or place monies in its operation in order to derive income therefrom. As such, the Securities Regulation Code (SRC) requires that 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. Based on the Commission's database, WONKACASH or WONKA CASH APP FINANCIAL CONSULTANCY SERVICES is NOT REGISTERED as a corporation or partnership and 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 Securities Regulation Code (SRC) . Further, the scheme employed by WONKACASH shows indication of a possible "Ponzi Scheme" where monies from new investors are used in paying "fake profits" to prior investors and is designed mainly to favor its top recruiters and prior risk takers and is detrimental to subsequent members in case of scarcity of new investors. The offering and selling of securities in the form of investment contracts using the "Ponzi Scheme" which is fraudulent and unsustainable, is NOT a registrable security. The Commission will not issue a License to Sell Securities to the Public to persons or entities that are engaged in this business or scheme. In view thereof, the public is hereby advised to STOP INVESTING in the investment scheme being offered by WONKACASH/WONKA CASH APP FINANCIAL CONSULTANCY SERVICES and its representatives . Those who act as salesmen, brokers, dealers or agents of WONKACASH/WONKA CASH APP FINANCIAL CONSULTANCY SERVICES in selling or convincing people to invest in the investment scheme being offered by the said entity including soliciting investments or recruiting investors through the internet may be held criminally liable under Section 28 of the SRC and penalized with a maximum fine of Five Million Pesos (Php5,000,000.00) or imprisonment of Twenty One (21) years or both pursuant to Section 73 of the SRC (SEC vs. Oudine Santos, G.R. No. 195542, 19 March 2014) . Furthermore, 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. Should you have any information regarding the operation of WONKACASH/WONKA CASH APP FINANCIAL CONSULTANCY SERVICES and its representatives, please send your report through email at [emailprotected] For the information and guidance of the public. Pasay City, April 13, 2021.