Danea Ruby Cardones Solmayor

October 26, 2021 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY This ADVISORY is prompted by inquiries and complaints with regard to the solicitation activities of one DANEA RUBY CARDONES SOLMAYOR . Based on the information gathered, Ms. DANEA RUBY CARDONES SOLMAYOR appears to be engaged in investment-taking activities not authorized by the Commission. Reportedly, DANEA RUBY CARDONES SOLMAYOR is engaged in clothing business under DTI registered business name, Danea Clothing Wholesaling , and other trade names such as Mane Overruns, Must Have Online Shop, Mane Investments, and Mane Emergency Loans. She lured the victims with great return of investment evidenced by written investment contracts. Specifically, under the Normal Exclusive Investment Scheme , an initial investment of Php25,000.00 guarantees a total return of Php30,000.00 (20%); Php100,000.00 promised a total return of Php150,000.00 (50%) with a lock in period of one month and expected weekly return of investment. Moreover, a Normal Initial Investment of Php25,000.00 guarantees Php27,500.00 (10%); Php100,000.00 to Php125,000.00 (25%) return of investment in one week. Furthermore, there is an additional commission fee ranging from Php500.00 to Php5,000.00 for required Referrals. Likewise, DANEA RUBY CARDONES SOLMAYOR offered double the amount of investment or 100% interest either in a month or a week for Exclusive VIP Member who has Php1,000,000.00 to Php2,000,000.00 or more. APPENDIX A INVESTMENT SCHEME NORMAL EXCLUSIVE INVESTMENT INITIAL INVESTMENT RETURN OF INVESTMENT TOTAL RETURN PHP25,000.00 PHP5,000.00 PHP30,000.00 PHP50,000.00 PHP10,000.00 PHP60,000.00 PHP100,000.00 PHP50,000.00 PHP150,000.00 NORMAL INVESTMENT INITIAL INVESTMENT RETURN OF INVESTMENT TOTAL RETURN PHP25,000.00 PHP2,500.00 PHP27,500.00 PHP50,000.00 PHP5,000.00 PHP55,000.00 PHP100,000.00 PHP25,000.00 PHP125,000.00 APPENDIX B COMMISSION SCHEME NORMAL EXCLUSIVE INVESTMENT INITIAL INVESTMENT COMMISSION PHP25,000.00 PHP1,000.00 PHP50,000.00 PHP2,000.00 PHP100,000.00 PHP5,000.00 NORMAL INVESTOR INITIAL INVESTMENT COMMISSION PHP25,000.00 PHP500.00 PHP50,000.00 PHP1,000.00 PHP100,000.00 PHP2,500.00 Based on the Commission's database, the name DANEA RUBY CARDONES SOLMAYOR is NOT registered with the Commission either as a corporation or as a partnership. Further, DANEA RUBY CARDONES SOLMAYOR it is NOT AUTHORIZED to solicit investments/placements from the public nor to issue investment contracts and other forms of securities since she has not secured prior registration and/or license from the Commission as prescribed under Sections 8 and 28 of the Securities Regulation Code . The public is hereby advised NOT TO INVEST or STOP INVESTING in any investment scheme being offered by DANEA RUBY CARDONES SOLMAYOR or any individual or group of persons allegedly for or on behalf of DANEA RUBY CARDONES SOLMAYOR and to exercise caution in dealing with any individuals or group of persons soliciting investments for and on her behalf. Those who act as salesmen, brokers, dealers or agents of DANEA RUBY CARDONES SOLMAYOR in selling or convincing people to invest in the investment scheme being offered by her including solicitations and 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 (P5,000,000.00) or penalty of Twenty-one (21) years of 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) . 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. This Department is taking appropriate action against unauthorized investment taking activities and investment scams. Hence, if you have been approached to join and invest in an entity which does not have the proper authority to solicit investments/placements from the public, we encourage you to cooperate with us immediately report these activities to the ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT through email at [emailprotected] For the guidance of the public. Pasay City, October 26, 2021.