The Securites and Exchange Commission (SEC) has warned the public against dealing with Emgoldex Philipines, a company that promises huge returns on an investment of just P1,000.
The SEC released an advisory saying Emgoldex is not a registered corporation or partnership in the agency.
"Likewise, such entity is not authorized to solicit investments from the public, as it did not secure prior registration and/or license or permit to solicit investment from the commision," it said.
|Source Institution||Securities and Exchange Commission|
|Place of Publication||Mandaluyong City|
|Original Publication Date||February 16, 2015|