Ponzi Scheme by the Visioner2020 Int'l. Traders, Inc.
SEC-EIPD Advisory • Securities and Exchange Commission • Advisories • Nov 20, 2012
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November 20, 2012 SEC ADVISORY NOTICE TO THE PUBLIC Yesterday, 19 November 2012, agents of the National Bureau of Investigation (NBI) raided what appeared to be another ponzi scheme perpetrated by the "Visioner2020 Int'l Traders, Inc." with principal office address at Chiong Bldg., Benigno Aquino St., Gatas District, Pagadian City, Zamboanga del Sur. "Visioner2020 Int'l Traders, Inc." was registered on 2 October 2012 with the Cagayan de Oro Extension Office of the Securities and Exchange Commission (SEC) as a trading company to market all kind of mineral ores, among others. It does not have a secondary license to sell securities. The public is reminded to be over-cautious or exercise prudence in investing their money in what appears to be a high yield-high risk investment which may turn out to be a fraudulent scheme. Where the scheme involves the sale of securities, please make sure that these securities are registered with the SEC. In this regard, you may inquire with the Corporation and Finance Department of the SEC at telephone numbers 584-61-03 or 584-59-50, or the Enforcement and Prosecution Department of the SEC at telephone number 584 7187.
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