Integrated Digital Success
SEC-EIPD Advisory • Securities and Exchange Commission Departments • Enforcement and Investor Protection Department (EIPD) • Oct 17, 2023
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October 17, 2023 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY This is to inform the public that INTEGRATED DIGITAL SUCCESS/IDSPH.COM is NOT AUTHORIZED TO SOLICIT INVESTMENTS FROM THE PUBLIC. This Advisory is prompted by the information gathered by the Securities and Exchange Commission ("Commission") that an identified CEO and Founder of INTEGRATED DIGITAL SUCCESS/IDSPH.COM , a certain CHELSEA MIRANDO is soliciting investments from the public, which investment is purportedly to be managed by professional traders and asset managers. INTEGRATED DIGITAL SUCCESS/IDSPH.COM through its agents entices the public to invest online through a website, social media or the internet in two (2) programs namely: Starter Plan and Elite with the following schemes: HTcADC PROGRAMS INVESTMENT (PHP) PERIOD GUARANTEED PROFIT RATE AMOUNT (Php) STARTER PLAN P500-P200,000 7 days 20% P500-P240,000 ELITE PLAN P1,000-P500,000 15 days 50% P1,500-P750,000 INTEGRATED DIGITAL SUCCESS/IDSPH.COM likewise offers an Affiliate Bonus and Leadership Bonus equivalent to a total of 10% of the investment received by the entity from the referrals made by its members. The investment offering by INTEGRATED DIGITAL SUCCESS/IDSPH.COM constitutes soliciting investments from the public as the investors are enticed to invest money amounting from P500 up to P500,000 and in turn, such investment will earn guaranteed profit ranging from 20% to 50% in just 7 and 15 days, respectively , clear violations of Sections 8, 26 and 28 of the Securities Regulation Code (SRC) and Section 11 in relation to Section 3 (f) of Republic Act No. 11765 otherwise known as the Financial Products and Services Consumer Protection Act. In this regard, the public is made aware that, an "investment contract," which is a kind of security, exists when there is an investment or placement of money in a common enterprise with a reasonable expectation of profits to be derived primarily from the efforts of others which is prominent in the scheme of INTEGRATED DIGITAL SUCCESS/IDSPH.COM . CAIHTE As such, the SRC requires that securities must be first registered with this Commission before it can be offered and/or sold to the public and that the concerned entity and/or its agents should have the appropriate registration and/or license to offer and/or sell such securities to the public. Based on the Commission's database, INTEGRATED DIGITAL SUCCESS/IDSPH.COM , 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 INTEGRATED DIGITAL SUCCESS/IDSPH.COM has the characteristics of a "Ponzi Scheme" where money from new investors are used in paying "fake profits" to prior investors. It is designed mainly to favor its top recruiters and prior risk takers, and is detrimental to subsequent participants if new investors become scarce. 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. 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 of the Philippines, the Financial Products and Services Consumer Protection Act and such other laws, rules and regulations enforced by the Commission . aScITE Those who act as salesmen, brokers, dealers or agents of INTEGRATED DIGITAL SUCCESS/IDSPH.COM vis--vis CHELSEA MIRANDO and NIKOLAS MARIANO , in convincing people to invest in the offered scheme, and those involved in solicitations and recruitment through the internet may be prosecuted and held criminally liable under Section 28 of the SRC and Section 11 of the FCPA. For both offenses, they can face separate maximum fines 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 (G.R. No. 195542, 19 March 2014). In view thereof, the public is advised NOT TO INVEST or STOP INVESTING in any investment scheme being offered by INTEGRATED DIGITAL SUCCESS/IDSPH.COM vis--vis CHELSEA MIRANDO and NIKOLAS MARIANO , as well as to any other entities having the same or similar schemes, and to exercise caution in dealing with any individuals or group of persons soliciting investments or recruiting investors for and on behalf INTEGRATED DIGITAL SUCCESS/IDSPH.COM vis--vis CHELSEA MIRANDO and NIKOLAS MARIANO . DETACa Should you have any information regarding any investment solicitation by any individuals or group of individuals on behalf of INTEGRATED DIGITAL SUCCESS/IDSPH.COM vis--vis CHELSEA MIRANDO and NIKOLAS MARIANO , please send your report to the ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT at [emailprotected] . For the guidance of the public. Makati City, October 17, 2023.
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