Ignite Virtus International

January 20, 2022 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 IGNITE VIRTUS INTERNATIONAL headed by ANDREI DIONISIO , are enticing the public to invest their money in said entity. As posted on IGNITE VIRTUS INTERNATIONAL's Facebook page, https://www.facebook.com/groups/ignitvirtus/ , it is offering investments with guaranteed returns of 50%-200% in 10-20 days. Below are the marketing schemes of the subject entity: Complan A (Bronze) Five Hundred Pesos (Php500.00) turns Seven Hundred Fifty Pesos (Php750.00) or 50% ROI in Ten (10) days. Complan B (Gold) Five Thousand Pesos (Php5,000.00) turns Ten Thousand Pesos (Php10,000.00) or 100% ROI in fifteen (15) days . Complan C (Platinum) Ten Thousand Pesos (Php10,000.00) turns Thirty Thousand Pesos (Php30,000.00) or 200% ROI in Twenty (20) days. Ten (10) percent direct referral bonus. One (1) percent unilevel bonus up to 10th level. As the above described scheme involves the offer and sale of securities in the form of investment contracts to the public, the Securities Regulation Code (SRC) requires that these securities are duly registered and that the concerned entities 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 public is hereby informed that IGNITE VIRTUS INTERNATIONAL is not registered with the Commission and is not authorized to solicit investments from the public, not having secured prior registration and/or license to sell securities or solicit investments as prescribed under Section 8 of the SRC. Those who act as salesmen, brokers, dealers or agents of IGNITE VIRTUS INTERNATIONAL in selling or convincing people to invest in their investment schemes including solicitation or recruitment through the internet may likewise be prosecuted, held criminally liable and penalized with a maximum fine of Five Million Pesos (Php5,000,000.00) or a maximum penalty of Twenty-One (21) years of imprisonment 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 so that the appropriate penalties and/or taxes will be correspondingly assessed. The Commission urges anyone who has knowledge or information about any business transaction of IGNITE VIRTUS INTERNATIONAL and/or its agents to report such activity to the Enforcement and Investor Protection Department at [emailprotected] . For the guidance of the public. Pasay City, January 20, 2022.