Lendvest International ("Lendvest")

July 6, 2021 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY The Commission has received information that individuals or group of persons representing LENDVEST INTERNATIONAL ("LENDVEST") are enticing the public to invest in the said entity. Based on the information gathered by the Commission, LENDVEST entices the public to invest by offering investment packages from Php1,000.00 up to Php1,000,000.00 with a return of up to Php23,298,090.00 for one (1) year ; details of the offering are as follows: ENTRY 1 MONTH 3 MONTHS 6 MONTHS 12 MONTHS 1,000 1,300 2,197 4,826.81 23,298.09 2,000 2,600 4,394 9,653.62 46,596.17 5,000 6,500 10,985 24,134.04 116,490.42 10,000 13,000 21,970 48,268.09 232,980.84 20,000 26,000 43,940 96,536.18 465,961.69 30,000 39,000 65,910 144,804.27 698,942.56 40,000 52,000 87,880 193,072.36 931,923.38 50,000 65,000 109,850 241,340.45 1,164,904.25 60,000 78,000 131,820 289,608.53 1,397,885.12 70,000 91,000 153,790 337,876.62 1,630,866 80,000 104,000 175,760 386,144.72 1,863,846.75 90,000 117,000 197,730 434,412.81 2,096,827.62 100,000 130,000 219,700 482,680.91 2,329,808.5 500,000 650,000 1,098,500 2,413,404.5 11,649,040 1,000,000 1,300,000 2,197,000 4,826,809 23,298,090 As the above described scheme involves the sale of securities to the public, the Securities Regulation Code (SRC) requires that these securities are duly registered and that the concerned entities and/or its agents have appropriate registration and/or license to sell such securities to the public pursuant to Sections 8 and 28 of the SRC. The public is hereby informed that LENDVEST is not registered with the Commission as a corporation or partnership and is NOT authorized to offer, solicit, sell or distribute any investment/securities to the public. Such activities require a Secondary License from the Commission and the securities or investment product should likewise be registered with the SEC before they can be offered or sold to the public under Sections 8 and 12 of the Securities Regulation Code (SRC). Consequently, those who act as salesmen, brokers, dealers or agents of LENDVEST in selling or convincing people to invest in their investment schemes including solicitations or recruitment through the internet may likewise 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 maximum penalty of Twenty-One (21) years 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). In view thereof, the public is hereby advised NOT TO INVEST or STOP INVESTING in the investment schemes being offered by LENDVEST or its representatives . Should you have any information regarding the operation of the subject entities, you can send your report to the EIPD at [emailprotected]. For guidance of the public. Pasay City, July 6, 2021.