CHAMPION INTERNATIONAL CORPORATION/MADENU CHAMPION MARKETING INTERNATIONAL, INC. (“CHAMPION”) is NOT AUTHORIZED to solicit, accept or take investments from the public nor to issue investment contracts and other forms of securities.
Date Posted: 6 February 2020
MADENU CHAMPION
In response to numerous reports received by the Commission regarding the activities of CHAMPION INTERNATIONAL CORPORATION/MADENU CHAMPION MARKETING INTERNATIONAL, INC. (“CHAMPION”),the Commission wishes to inform the public that CHAMPIONis NOT AUTHORIZEDto solicit, accept or take investments from the public nor to issue investment contracts and other forms of securities defined under Section 3 of the Securities Regulation Code (SRC) since itdoes not have a secondary license issuedby the Commission to solicit investments or other securities from the public for whatever purpose as prescribed under Sections 8 and 28 of the SRC.Based on the information gathered and verified by the Commission,CHAMPIONhas been enticing the public to invest their money in said entities. CHAMPIONpromises400% return of investment in more or less than thirty (30) days. To join the company, a minimum entry package in the amount of ₱3,000.00 plus ₱100.00 registration fee in exchange for ₱3,000.00worth of CHAMPION herbal products such as KojicSoap, Gluta Soap, Champion Herbal Coffee, Healing Oil, Champion Healthy Heart, Champion Healthy Joints and Champion Collagen-CE.In one (1) month, the member could earn a gross profit share amounting to ₱12,000.00, less ₱4,000.00 for the Binary Package entry minus 10% tax (₱800.00) with a total net profit share of ₱7,200.00. Also, the member may opt to avail the “FASTTRACK”option under the company’s Profit Sharing Program wherein a member could makeprofit in a span of two (2) weeksby means of recruiting ten (10) individuals to invest in the company.Illustrated below is the company’s PROFIT SHARING COMPLAN, to wit:
CHAMPIONalso promises the following incentive bonuses:PACKAGE/PROGRAMAVAILEDDIRECT REFERRAL BONUSPAIRING BONUSProfit Sharing 10% of the package availedNonePlatinum Package₱300.00₱500.00Global Package₱1,500.00₱2,000.00Based on the information gathered and verified by this Office,CHAMPION INTERNATIONAL CORPORATIONis being operated by the same people behind MADENU CHAMPION MARKETING INTERNATIONAL, INC. The Incorporators/Directors/Officersof CHAMPION are as follows: (1) Felicisimo Fallurin Enduma, Jr.; (2) Joan Delos Reyes De la Pena; (3) Cyril Fallurin Enduma; (4) Arnold Miranda Alzate; and (5) Gilbert Valerio Enduma, Jr.The public is hereby warned thatthose whoact as salesmen, brokers, dealers or agents of CHAMPIONin selling or convincing people to invest in the investment scheme being offered by these entities including solicitations and recruitment through the internet may likewise be prosecuted and held criminally liable under Section 28 of the SRC and penalized with a maximum fine of Five Million pesos (P5,000,000.00) or a maximum penalty of twenty-one (21) years of imprisonment or both pursuant to Section 73 of the SRC, as held in the case of Securities and Exchange Commission vs. Oudine Santos (G.R. No. 195542, March 19, 2014).Thosewho invite or recruit others to join or invest in suchventure or offer investment contracts or securities to the public may incurcriminally liability, or otherwise be sanctioned or penalized accordingly.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 correspondingly assessed.In view thereof, the public is hereby advised to exercise cautionin dealing with any individualor group of persons soliciting investments for and on behalf of CHAMPION INTERNATIONAL CORPORATION/MADENU CHAMPION MARKETING INTERNATIONAL, INC. The public is further advised NOT TO INVESTor STOP INVESTINGin any investment scheme being offered by aforesaid entities/individuals.Should you have any information regarding any investmentsolicitation by any individualor group of individuals representing CHAMPION INTERNATIONAL CORPORATION/MADENUCHAMPION MARKETING INTERNATIONAL, INC.,please call the Enforcement and Investor Protection Department (EIPD) at telephone number(02) 8818-6047 or send your report to the EIPD at epd@sec.gov.phor you may visit the EIPD office located at the Ground Floor, North Wing Hall, Secretariat Building, PICC Complex, Pasay City.For the guidance of the public