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LFC Football/LFC Football Philippines/LFC Football Platform

SEC-EIPD Advisory • Securities and Exchange Commission Departments • Enforcement and Investor Protection Department (EIPD) • Apr 12, 2022

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April 12, 2022 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY The public is hereby warned concerning the proliferation of sports betting investment scams such as LFC FOOTBALL/LFC FOOTBALL PHILIPPINES/LFC FOOTBALL PLATFORM (collectively "LFC Football" ). Based on the information gathered by the Commission, LFC FOOTBALL is propagating investment-taking activities which promise lucrative returns. LFC FOOTBALL with website, web.lfc6.com , is a reverse betting platform where you can earn money with 100% compensation of loss and up to 5.1% of profit everyday. Upon registering with LFC FOOTBALL and depositing/recharging money to your dashboard account, LFC FOOTBALL recommends through its mentors, that you place bets or "buy/order scores" of international football or in accordance with its "team guaranteed capital preservation plan" where a wrong bet nets you profits with no loss or zero risk. LFC Football , is enticing the public to invest a minimum of Php300 to earn 5% interest rate daily profit or 150% profit in 30 days , as illustrated below: LFC FOOTBALL offers several ways to earn and as shown below: 1.) First Deposit Cash Bonus 2.) Betting where you bet two (2) games per day. 3.) First Deposit Member Referral Bonus 4.) 6 Levels of Discounted Profit 5.) Accumulated Membership 6.) Monthly Bonus for Active Members For the information of all concerned, the schemes of LFC FOOTBALL involve the offering and sale of securities in the form of investment contracts to the public as investors need not exert any effort other than to invest or place monies in LFC FOOTBALL in order to generate income. As we always keep on reminding the public, such investment opportunities are in the nature of investment contracts, which in turn are considered as securities subject to the regulatory authority of this Commission, thus, the concerned corporation and/or its agents should have appropriate registration and/or license to sell such securities to the public pursuant to Sections 8.1 and 28.1 of the Securities Regulation Code (SRC). Per records of the Commission, LFC FOOTBALL is not registered as a corporation or partnership and is not authorized to solicit investments from the public as it did not secure prior registration and/or license to solicit investments from the Commission as prescribed under Section 8.1 of the SRC. Further, LFC FOOTBALL is also NOT REGISTERED either as a crowdfunding intermediary or a funding portal under SEC Memorandum Circular No. 14, Series of 2019 or the Rules and Regulations Governing Crowdfunding . 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 and such other rules and regulations enforced by the Commission . Therefore, those who act as salesmen, brokers, dealers or agents or claim to act as such on behalf of LFC FOOTBALL in selling or convincing people to invest in the investment scheme being offered by said entities 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. Moreover, 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 addition, 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 LFC FOOTBALL and exercise caution in dealing with any individuals or group of persons soliciting investments or recruiting investors for and on behalf of LFC FOOTBALL . Should you have any information regarding any investment solicitation by any individuals or group of individuals on behalf of LFC FOOTBALL please send your report to the ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT at [emailprotected]. For the guidance of the public. Pasay City, April 12, 2022.

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