SEC Facebook

The
Commission has received information that JJPTR or JJ POOR TO RICH is soliciti
ng
investments from the public.
The public is hereby informed that JJ Poor to Rich is not registered with the
Commission as a corporation or partnership. There being no primary license, it is not authorized to solicit
investments which require a secondary license as
provided under Sec. 8.1 of the Securities Regulation
Code.
Bas
ed on
information
gathered from JJ Poor to Rich’s online advertisements and presentations and
received
from concerned citizens
,
JJ Poor to Rich purports to be
an investment company founded
last March 2015
.
It
claims to be
engaged in
“FOREX Trading”
and offers
investors a 20
% fixed profit on
their capital
investment.
Such
unauthorized
solicitation of investment from the public is illegal and is punishable by
law pursuant to Section 8(8.1) in relation to Section
73 of the Securities Regulation Code.
T
hose
who act as salesmen, brokers,
dealers
, or agents of JJ Poor to Rich in selling or convincing people
to invest in the
investment scheme being offered by JJ Poor to Rich including doing solicitations or recruitment
through the internet may
likewise
be prosecuted and held
criminally liable
under Section 28 of the
Securities Regulation Code and penalized with a maximum fine of FIV
E MILLION (P5,000,000.00) PESOS
or a maximum penalty of TWENTY ONE (21) years imprisonment
or BOTH
pursuant to Section 73 of the
SRC
.
Accordingly
, t
hose who
invite or
recruit or convince
people to join or invest in the venture or
offer investment con
tracts or securities to the public may
be charged and
held criminally liable or
accor
dingly sanctioned or penalized
in accordance with the Supreme Court decision in the case of SEC vs.
Oudine Santos [G.R. No. 195542, March 19, 2014].
In view thereof, the public is advised to
STOP INVESTING
in this kind of investment activity and
to take
the
necessary precautions in dealing with the above
–
named entity and/or its representatives.
If you have invested money or were invited to invest in
JJ Poor to Rich,
you may seek the assistance of
the
Enforcement and Investor Protection Department
of the Securities and Exchange Commission
with office
address at the North Wing Hall,
Ground Floor,
Secretariat Building, PICC Complex, Pasay City
or you may
call
tele
phone number:
(02)818
–
7187.