JC Pro Global Trading

June 24, 2021 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY Based on numerous reports and information gathered by the Commission, the entity operating under the name JC PRO GLOBAL TRADING , headed by JAMESKIE EARL CORNELIO also known as Jaypee Halili , is found to be engaged in investment-taking activities in the Philippines which is NOT AUTHORIZED by the Commission. Based on the information gathered from the said reports, inquiries, and data from open sources, JC PRO GLOBAL TRADING's "System" is apparently designed to "take care of everything" which include trading, buying and selling of cryptocurrency which provides daily income and a guaranteed profit of at least 200% in 20 days or double-your-money in 20 days which provides a no-risk investment because profits are assured. As posted online, JC PRO GLOBAL TRADING offers several 'complans' where you buy a trading account starting with the basic "complan" which requires an investment of P500.00 per account which will yield the account owner a P50.00 income per day and a guaranteed profit after 20 days of P1,000.00 which is a 100% profit from the initial investment of P500.00, the initial investment can range from a minimum of P500.00 and a maximum of P100,000.00. To wit: JC PRO GLOBAL TRADING provides six (6) options in buying an account or "trade funds" with a 200% profit from the capital. The investment is therefore enticing because of the guarantee to earn money. Below is the photograph posted on their Facebook page as well as postings by several agents who promote JC PRO GLOBAL TRADING. To show: In addition to the guaranteed 200% percent profit, the account owner has an option to invite people and earn 50% direct commission from the new account owners. To illustrate: Moreover, the said direct commission or referral system is only optional because the profit is guaranteed after 20 days which makes this investment very attractive to the investing public. Basically, the income garnered from the foregoing compensation plans or 'complans' of JC PRO GLOBAL TRADING is guaranteed because the 'System' will do the trading for the investor with an optional bonus income by referrals. The investment taking scheme that is being propagated by JC PRO GLOBAL TRADING is a 'Ponzi Scheme' where the entity takes money from the public to allegedly invest it to generate high returns but in reality, merely pays the initial investors with the money paid by subsequent ones. This investment-taking scheme cannot be sustained and inevitably will result in the collapse of the business. Based on the foregoing, JC PRO GLOBAL TRADING's investment-taking scheme is an investment contract because it involves the offering and sale of securities to the public where their investors need not exert any effort other than to invest or place money in the scheme in order to earn profit. Briefly, an "investment contract" exists when there is an investment or placement of money in a common enterprise with a reasonable expectation of profits to be derived from the efforts of others which are prominent on JC PRO GLOBAL TRADING's scheme. Therefore, JC PRO GLOBAL TRADING must be duly registered with the Commission and that any person or entity intending to offer and sell its investment contract are required to secure the necessary registration and/or license from the Commission as well. However, per our record, JC PRO GLOBAL TRADING is NOT REGISTERED with the Commission 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) . Hence, the public is advised NOT TO INVEST or STOP INVESTING in any scheme offered by JC PRO GLOBAL TRADING . Accordingly, the Commission warns all unscrupulous individuals and/or entities that strict penalties are imposed for violations of the Securities Regulation Code, the Revised Corporation Code, and such other rules and regulations enforced by the Commission . Those who act as salesmen, brokers, dealers or agents for JC PRO GLOBAL TRADING, JAMESKIE EARL CORNELIO/JAYPEE HALILI, ANGELO SOLVAN SANTOS and the operators of the FB Page JC Pro Global Trading-Elite Group and Website jcproglobal.com in selling or convincing people to invest in their investment scheme offered including solicitations and recruitment through the internet may likewise be criminally prosecuted and penalized with a maximum fine of Five Million pesos (P5,000,000.00) or a penalty of Twenty-one (21) years of imprisonment or both pursuant to Sections 28 and 73 of the SRC. In the same manner, those who invite or recruit others to join or invest in such venture or offer investment contracts or securities to the public similar to JAYPEE HALILI who poses as JAMESKIE EARL CORNELIO, ANGELO SOLVAN SANTOS and the operators of the JC PRO GLOBAL TRADING-ELITE GROUP Facebook page and jcproglobal.com , may incur criminal liability, or otherwise be sanctioned or penalized accordingly as held by the Supreme Court in the case of SEC vs. Oudine Santos (G.R. No. 195542, 19 March 2014). The names of all those involved will also be reported to the Bureau of Internal Revenue (BIR) so that the appropriate penalties and/or taxes be assessed correspondingly. Should you have any information regarding any investment solicitation activity by any individual or group of individuals representing JC PRO GLOBAL TRADING , please send your report to the EIPD at [emailprotected]. For the guidance of the public. Pasay City, June 24, 2021.