Date Posted: 4 January 2019



SEC Facebook

The Commission has received information that individuals or group of persons representing ANGEL INVESTOR GROUP, INC. are enticing the public to invest in the said entity onlineor through the internet. Based on the information gatheredbythe Commission, ANGEL INVESTOR GROUP, INC. is engaged in soliciting investments wherean investor can receive 100% profit after one (1) monthplus 1,500bonus share.The public is hereby informed that ANGEL INVESTOR GROUP isregistered with the Commission as a corporationin the year 2000 butisNOTauthorizedto offer, solicit, sell or distribute anyinvestment/securities. Such activities require a Secondary License from the Commission and the securities or investment product should likewise be registered with SEC before they can be offered or sold to the publicunder Sections 8 and 12 of the Securities Regulation Code (SRC). Consequently, those who act assalesmen, brokers, dealers or agents of ANGEL INVESTOR GROUP, selling or convincing people to invest in the investment scheme including 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 Five Million pesos (P5,000,000.00) or 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 contracts or securities to the public may be held 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, March19, 2014). Furthermore, the names of all those involved will be reported to the Bureau of Internal Revenue (BIR) so that the appropriate penalties and/or taxes be correspondinglyassessed.In view thereof, the public is hereby advised to exercise caution before investing in these kinds of activities and to take the necessary precaution in dealing with ANGEL INVESTOR GROUP, INC.or its representatives. Should you have any information regarding the operation of the subject entity, please call the Enforcement and Investor Protection Departmentat telephone numbers 818-6047.For guidance of the public.