Date Posted: 22 March 2017
The Commission has received information that an entity name
FOR THE FILIPINO PEOPLE ASSOCIATION INC.
is operating in CARAGA
soliciting money from the public for the registration and/or
processing of ATM cards in exchange
for receiving FIFTY THOUSAND PESOS (php50,000.00) per month from an international
The public is hereby informed that
PROGRAMME BLESSING FOR THE FILIPINO PEOPLE
is registered with the Commis
sion as a non
stock corporation under SEC
Registration No. CN201621992 on 21 September 2016. There being no secondary license, it is
to solicit investments which require a secondary license as provided under Sec.
8.1 of the Securities Regula
law likewise prohibits any person from engaging in the buying or selling of securities in the
Philippines as a broker or dealer or as salesman or associated person of any broker or dealer
unless registered as such with the Commission
(Section 28, SRC).
Accordingly, those who invite or recruit or convince people to join or invest in the venture or
offer investment contracts or securities to the public may be charged and held criminally liable
or accordingly 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 dealin
g with the above
named entity and/or its
If you have invested money or were invited to invest in
PROGRAMME BLESSING FOR THE
FILIPINO PEOPLE ASSOCIATION INC.
, you may seek the assistance of the SEC
Offices and/or Enforcement an
d Investor Protection Department (EIPD) 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 at telephone number 818