Zigmatrade

November 18, 2021 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY Based on the information gathered by the Commission, a number of individuals or group of persons claiming to represent ZIGMATRADE/Zigma Trade , are enticing the public to invest their money in said entity as shown below: As posted online, ZIGMATRADE entices the public to invest online or through the internet. An investor shall earn 50% of his/her minimum investment every 5 days within 30 days or a total Profit of 300% in 30 days . The minimum investment per slot is Php500.00 with no maximum limit. Further, it also has a Direct Referral Bonus of 3%. Accordingly, a member shall only need to invest, wait, and earn without having to do anything. 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 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 ZIGMATRADE/Zigma Trade is not registered with the Commission either as a corporation or as a partnership. Consequently, 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 ZIGMATRADE/Zigma Trade in selling or convincing people to invest in the investment scheme being offered by said entity including solicitations and recruitment through the internet shall 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 ZIGMATRADE/Zigma Trade 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 the subject entity, 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, November 18, 2021.