White Dragon Investment Group

August 22, 2023 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY This is to inform the public that WHITE DRAGON INVESTMENT GROUP is NOT AUTHORIZED TO SOLICIT INVESTMENTS FROM THE PUBLIC. aDSIHc This Advisory is prompted by information gathered by the Commission that individuals or group of persons, headed by a certain JUSTIN ARVIN SANTOS ATENDIDO , are enticing the public, through social media platforms, to invest in WHITE DRAGON INVESTMENT GROUP . As posted on its Facebook Page, WHITE DRAGON INVESTMENT GROUP headed by its CEO/Founder JUSTIN ARVIN SANTOS ATENDIDO , is allegedly engaged in programs involved in the expansion and development of its various business sectors, including real estate development, food and beverage, franchising, leisure and gaming services, poultry and egg, as well as private investments. WHITE DRAGON INVESTMENT GROUP recruits investors by offering investments to the public for a minimum amount of One Hundred Thousand Pesos (Php100,000.00) for a 3% monthly interest or equivalent to a total of 36% annual return on investment . Such investment opportunity being offered through JUSTIN ARVIN SANTON ATENDIDO is a form of securities as the elements of investment contract are present in the investment offering, hence, must be registered pursuant to the provision of Section 8 of the Securities Regulation Code. ATICcS Records of the Commission show that WHITE DRAGON INVESTMENT GROUP is not registered with the Commission. Moreover, the securities in the form of investment contract that it is offering to the public are likewise not registered with the Commission in violation of Sections 8, 26 and 28 of the Securities Regulation Code. Further, 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. Accordingly, the Commission warns all unscrupulous individuals and/or entities that strict penalties are imposed for violations of the Securities Regulation Code and the Financial Products and Services Consumer Protection Act (FCPA) and such other laws, rules and regulations enforced by the Commission. Those who act as salesmen, brokers, dealers or agents of WHITE DRAGON INVESTMENT GROUP vis--vis JUSTIN ARVIN SANTOS ATENDIDO in selling or convincing people to invest in what appears to be an 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 Section 11 of the FCPA and for the two offenses both penalized with separate 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. In view thereof, the public is advised NOT TO INVEST or STOP INVESTING in any investment scheme being offered by WHITE DRAGON INVESTMENT GROUP as well as in 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 WHITE DRAGON INVESTMENT GROUP . ETHIDa Should you have any information regarding any investment solicitation by any individuals or group of individuals on behalf of WHITE DRAGON INVESTMENT GROUP vis--vis JUSTIN ARVIN SANTOS ATENDIDO , please send your report to the ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT at [emailprotected] . For the guidance of the public. Makati City, August 22, 2023.