Metaprofit
SEC-EIPD Advisory • Securities and Exchange Commission Departments • Enforcement and Investor Protection Department (EIPD) • Mar 17, 2022
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March 17, 2022 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT n SEC ADVISORY Based on the information gathered by the Commission, a number of individuals or group of persons claiming to represent METAPROFIT , headed by ARTHUR DVALI , is enticing the public to invest their money in said entity. As posted online, METAPROFIT is offering investments to the public with a minimum amount of 0.05 Binance Coin or BNB, promising earnings of 1% daily in total of 30% for 30 days subscription depending on your subscribed amount plus 100% capital after maturity within 30 days and bonuses from the associate program . Investors also earn more through the following: 1. 100% capital after maturity within 30 days; 2. 10% direct associate Bonus; and 3. 0.5% indirect associate from 2nd-20th level. Interested individuals can invest by depositing BNB through METAPROFIT's website ( http://metaprofit.pro/?fbclid=lwAR0Nw5nErUl12r0pScOntBQVtOGc5EOX8VHiQe7jzLPLmTZzb7QF_AqbsJs ). Daily deposit and withdrawal is done through selected cryptocurrency wallet. As the above described schemes involved the sale of securities to the public, the Securities Regulation Code (SRC) requires that these securities are duly registered and that the concerned corporation and/or its agents have the appropriate registration and/or license to sell such securities to the public pursuant to Sections 8 and 28 of the SRC. The records of the Commission show that METAPROFIT is not registered with the Commission either as a corporation or as a partnership. Further, it is NOT AUTHORIZED to solicit investments from the public since it has not secured prior registration and/or license from the Commission as prescribed under Sections 8 and 28 of the SRC. Hence, those who act as salesmen, brokers, dealers or agents or claim to act as such for METAPROFIT in selling or convincing people to invest in the investment scheme being offered by said entity 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 (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). The public is advised NOT TO INVEST or STOP INVESTING in any investment scheme being offered by any individual or group of persons allegedly for or on behalf of METAPROFIT and to exercise caution in dealing with any individuals or group of persons soliciting investments for and on behalf of it. Should you have any information regarding the operation of METAPROFIT or any securities solicitation activity by any individual or group of individuals representing METAPROFIT , please call the Enforcement and Investor Protection Department at telephone numbers (02) 8818-6047 or send your report to the EIPD at [emailprotected] . For the guidance of the public. Pasay City, March 17, 2022. n Note from the Publisher: Written as "ENFORCEMENT AND INVESTOR DEPARTMENT" in the official document.
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