THE Securities and Exchange Commission (SEC) warned the public against several groups that have been luring investors in exchange for unrealistically high returns.
THE Securities and Exchange Commission (SEC) warned the public against several groups that have been luring investors in exchange for unrealistically high returns.
In an advisory, the country’s corporate regulator advised the public to be cautious against Broilerpreneur Corp. The company is engaged in the poultry business using the farm to fork concept of broiler, and promises to double investors capital within two months.
For instance, an investor will get P2,000 back after investing P1,000 into the firm for two months. This same capital will yield the investor P12,000 after 12 months.
See full article at Business World Online
