Multi Fortune Stake

May 26, 2022 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY The Securities and Exchange Commission ("Commission") has received information that individuals or group of persons representing MULTI FORTUNE STAKE headed by Ricky Galon have been soliciting investments from the public. MULTI FORTUNE STAKE entices the public to invest therein with a guaranteed total earnings of 100% in just 30 days or double-your-money scheme in just 30 days through its Plans as shown below: In all the Plans, an investor shall earn 25% of his investment every 6 days until the 24th day, and on the last 6th day, the income shall be 100% of his investment and therefore, clearly MULTI FORTUNE STAKE is offering a double-your-money scheme in just 30 days. MULTI FORTUNE STAKE also offers the following Direct Referral Bonus to its referror: MULTI FORTUNE STAKE is not authorized to solicit investments from the public as it is NOT REGISTERED with the Commission and cannot therefore secure prior registration and/or license to solicit investments from the Commission as prescribed under Section 8 of the Securities Regulation Code. Please be reminded that the offering and sale of such securities in the form of investment contracts using the "Ponzi Scheme" is fraudulent and unsustainable and is NOT a registrable security. The Commission will NOT ISSUE a Permit to Offer and Sell Securities to the Public to persons or entities that are engaged in this business or scheme . Accordingly, the Commission warns all unscrupulous individuals and/or entities that strict penalties are imposed for violations of the Securities Regulation Code, the Revised Corporation Code of the Philippines and such other laws, rules and regulations enforced by the Commission. Further, the name Christilyn Barasan , which appears on the social media posts of MULTI FORTUNE STAKE , among others, does not appear in the records of the Commission as licensed to offer such kind of securities for failure to obtain a license to act as a capital market professional. Corollary, those who act as salesmen, brokers, dealers or agents or claim to act as such of MULTI FORTUNE STAKE in selling or convincing people to invest in the 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 penalized with a 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. 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) . In view thereof, the public is advised NOT TO INVEST or STOP INVESTING in any investment scheme being offered by MULTI FORTUNE STAKE 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 MULTI FORTUNE STAKE . Should you have any information regarding any investment solicitation by any individuals or group of individuals on behalf of MULTI FORTUNE STAKE , please send your report to the ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT at [emailprotected] . For the guidance of the public. Pasay City, May 26, 2022.