Elizabeth Esty Save Lives Binary Option Trading, Inc.

January 25, 2023 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY Based on information received by the Commission, individuals claiming to represent ELIZABETH ESTY SAVE LIVES BINARY OPTION TRADING, INC./ELIZABETHESTYSAVELIVES are enticing the public to invest their money in said entity. As posted in the Facebook page of "Elizabeth Esty," she introduces herself as an investment platform and the CEO of ELIZABETHESTYSAVELIVES . She further explains in a Facebook post dated 2022 that she is engaged in Bitcoin Trading and Binary Options Trade. She would manage the account and trade for the investors using a remote-controlled software which enables 100% on the return of investment and 10 times the invested capital within days. Through Facebook posts, she would ask interested investors to send her a personal message through Facebook for any inquiries they may have. After sending Elizabeth Esty inquiries on how to invest, she would proceed to offer through personal message different packages with different rates of return depending on the money invested. The investments plans and potential earnings in just 6 hours of trading are illustrated below: INVESTMENT EARNINGS P1,000 P10,000 P2,000 P15,000 P3,000 P20,000 P4,000 P25,000 P5,000 P30,000 P6,000 P38,000 P7,000 P45,000 P8,000 P53,000 P9,000 P62,000 P10,000 P70,000 P11,000 P77,000 P12,000 P82,000 P13,000 P90,000 P14,000 P98,000 P15,000 P105,000 P16,000 P115,000 P17,000 P125,000 To further prove her legitimacy, she would send: (1) a photo of the alleged SEC approved Certificate of Incorporation (COI) of ELIZABETH ESTY SAVE LIVES BINARY OPTION TRADING, INC. and (2) alleged DTI approved Business Permit and Certificate of Business Name Registration for the business ELIZABETHESTYSAVELIVES . However, after verification with the Commission database, the alleged Certificate of Incorporation is a forgery as the Company Registration Number belongs to another corporation. In this regard, the public is being made aware that an "investment contract," which is a kind of a security, exists when there is an investment or placement of money in a common enterprise with a reasonable expectation of profits to be derived from the efforts of others which is prominent in the scheme of ELIZABETH ESTY SAVE LIVES BINARY OPTION TRADING, INC./ELIZABETHESTYSAVELIVES . As such, the Securities Regulation Code (SRC) requires that said offer and/or sale of securities must be duly registered with the Commission and that the concerned entity and/or its agents should have the appropriate registration and/or license to sell such securities to the public. The transactions entered by ELIZABETH ESTY SAVE LIVES BINARY OPTION TRADING, INC./ELIZABETHESTYSAVELIVES through their online trading platform are considered "investment contracts" and must be registered with the Commission. The elements are all present as there is an investment of money into the common enterprise known as ELIZABETH ESTY SAVE LIVES BINARY OPTION TRADING, INC./ELIZABETHESTYSAVELIVES with the expectation of profits depending on the amount of money invested. Furthermore, the investment scheme of ELIZABETH ESTY SAVE LIVES BINARY OPTION TRADING, INC./ELIZABETHESTYSAVELIVES has the characteristics of a Ponzi Scheme because of the promise of an exorbitant rate of return with little to no risk at all to the investors as exemplified in the case People of the Philippines vs. Palmy Tibayan and Rico Z. Puerto (G.R. Nos. 209655-60, 14 January 2015) . The offering and selling of investment contracts using the "Ponzi Scheme," which is fraudulent and unstable, is NOT a registerable security. The Commission will not issue a License to Sell Securities to the public, persons or entities engaged in such business or scheme. The records of the Commission show that ELIZABETH ESTY SAVE LIVES BINARY OPTION TRADING, INC./ELIZABETHESTYSAVELIVES is NOT REGISTERED with the Commission as either a corporation or a partnership. Furthermore, ELIZABETH ESTY SAVE LIVES BINARY OPTION TRADING, INC./ELIZABETHESTYSAVELIVES 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, 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 and to exercise caution in dealing with any individuals or group of persons soliciting investments for and on behalf of it. Those who act as salesmen, brokers, dealers, agents, representatives, operators, promoters, uplines, recruiters, influencers, endorsers, abettors and enablers or claim to act as such ELIZABETH ESTY SAVE LIVES BINARY OPTION TRADING, INC./ELIZABETHESTYSAVELIVES 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 (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). Should you have any information on any recruitment or securities solicitation activities being undertaken by persons or group of persons claiming to represent ELIZABETH ESTY SAVE LIVES BINARY OPTION TRADING, INC./ELIZABETHESTYSAVELIVES , you may send your reports to the Enforcement and Investor Protection Department through email at [emailprotected] . For the guidance of the public. Makati City, January 25, 2023.