Wealth Wise International Co.

September 14, 2023 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY This is to inform the public that WEALTH WISE INTERNATIONAL COMPANY /THE WEALTHWISE INTERNATIONAL MANAGEMENT OPC, operated by APRIL BACSAL, is NOT AUTHORIZED TO SOLICIT INVESTMENTS FROM THE PUBLIC. HTcADC This ADVISORY is prompted by reports and information gathered by the Commission that individuals or group of persons are enticing the public through social media platforms to invest in WEALTH WISE INTERNATIONAL COMPANY /THE WEALTHWISE INTERNATIONAL MANAGEMENT OPC . As posted online, you can invest in WEALTH WISE INTERNATIONAL COMPANY/THE WEALTHWISE INTERNATIONAL MANAGEMENT OPC by joining its social media group at https://www.facebook.com/groups/wealthwiseofficial and registering through its website at https://thewealthwise.net/ then you can avail of its investment plans. Wealth Wise International Company/THE WEALTHWISE INTERNATIONAL MANAGEMENT OPC is offering investments to the public with a minimal amount of 500.00 pesos to a maximum of 384,000.00 pesos . The said entity offers 3 Compensation plans where investors may earn up to 15% for 15 days for the Quick Plan, 40% for 14 days for the Smart Plan and 100% in 28 days for the Wise Plan . Investors may also earn 10% Direct Referral Bonus and Uni Level Bonus equivalent to 1% to 10% , to wit: CAIHTE 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 from the efforts of others which is prominent in the scheme of WEALTH WISE INTERNATIONAL COMPANY/THE WEALTHWISE INTERNATIONAL MANAGEMENT OPC . As such, the Securities Regulation Code (SRC) requires that said offer and/or sale of securities must be duly registered with the Commission and that the concerned entity and/or its agents should have the appropriate registration and/or license to sell such securities to the public. aScITE Based on the Commission's database, WEALTH WISE INTERNATIONAL COMPANY is NOT REGISTERED as a corporation or partnership, while "THE WEALTHWISE INTERNATIONAL MANAGEMENT OPC" was recently registered with the Commission as a corporation on August 26, 2023 with Company Registration No. 2023080113949-00 . However, both WEALTH WISE INTERNATIONAL COMPANY and THE WEALTHWISE INTERNATIONAL MANAGEMENT OPC OPERATE 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 WEALTH WISE INTERNATIONAL COMPANY/THE WEALTHWISE INTERNATIONAL MANAGEMENT OPC has the characteristics of a "Ponzi Scheme" where money from new investors are used in paying "fake profits" to prior investors and is designed mainly to favor its top recruiters and prior risk takers and is detrimental to subsequent members in case of scarcity of new investors. 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. Note that the Financial Products and Services Consumer Protection Act also prohibits investment fraud which is defined under the law as any form of deceptive solicitation of investments from the public which includes Ponzi schemes and such other schemes involving the promise or offer of profits or returns sourced from the investments or contributions made by the investors themselves and the offering or selling of investment schemes to the public without a license. In view thereof, the public is hereby advised NOT TO INVEST or to STOP INVESTING in the investment scheme being offered by WEALTH WISE INTERNATIONAL COMPANY/THE WEALTHWISE INTERNATIONAL MANAGEMENT OPC 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 of WEALTH WISE INTERNATIONAL COMPANY/THE WEALTHWISE INTERNATIONAL MANAGEMENT OPC . DETACa Those who act as salesmen, brokers, dealers or agents, representatives, promoters, uplines, recruiters, influencers, endorsers and enablers of WEALTH WISE INTERNATIONAL COMPANY/THE WEALTHWISE INTERNATIONAL MANAGEMENT OPC in selling or convincing people to invest in the investment scheme being offered by the said entity including soliciting investments or recruiting investors through the internet may be held criminally liable under Section 11 of R.A. No. 11765 or the Financial Products and Services Consumer Protection Act (FCPA) and Section 28 of the SRC and both are penalized separately with a maximum fine of Five Million Pesos (Php5,000,000.00) or imprisonment of Twenty-One (21) years or both pursuant to Section 73 of the SRC (SEC 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. Should you have any information regarding any investment solicitation by any individual or group of individuals representing WEALTH WISE INTERNATIONAL COMPANY/THE WEALTHWISE INTERNATIONAL MANAGEMENT OPC please send your report through email at [emailprotected] . For the information and guidance of the public. Makati City, September 14, 2023.