DAVAO CITY, Davao del Sur, Philippines --- The Securities and Exchange Commission Davao Extension Office (SEC DEO) warns the public of groups reportedly using the names of prominent individuals to lure people into paying for membership cards with the promise of future assistance. The office has not named the groups as it was still verifying the truth about the reports. "It has reached our attention that some nonprofit groups in Davao City have been brandishing their registration certificates and collecting money from the people with a promise of future benefits," the agency said. It warned that "any form of investment solicitation without a secondary license from the Commiss...
Keep on reading: SEC warns of Davao City groups in membership card scam
from INQUIRER.net https://ift.tt/QsZwmzn
Keep on reading: SEC warns of Davao City groups in membership card scam
from INQUIRER.net https://ift.tt/QsZwmzn
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