Date Posted: 24 May 2017
ommission has received information that
a group of persons
allegedly connected with
RAZZLEDAZZLE ENTERPRISE are soliciting investments from the public. Investors are promised a
Twenty Five percent (25%) weekly interest return for their investments.
The public is hereby informed that
is not registered
as a corporation or partnership and is not authorized to solicit investments from the
, not having secured
prior registration and/or license to solicit inves
tment as prescribed
Section 8 of the Securities Regulation Code.
Those who act as salesmen, brokers, dealers or agents of RAZZLEDAZZLE ENTERPRISE in
selling or convincing pe
ople to invest in the investment scheme being offered by RAZZLEDAZZLE
ENTERPRISE including solicitations or recruitment through the internet may likewise be
prosecuted and held criminally liable under Section 28 of the Securities Regulation Code and
zed with a maximum penalty of Twenty One (21) years imprisonment or both pursuant to
Section 73 of the SRC.
Accordingly, those who invite or recruit other people to join or invest in this venture or
offer investment contracts or securities to the public ma
y be 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 hereby advised to
stop investing in thi
s kind of investment
activity and to take the necessary precautions in dealing with the above
named entity and/or its
Should you have any information regarding the operation of the subject entity,
Enforcement and Investor Protection Department
at telephone numbers 818
For the guidance of the public