SEC Facebook

Based on the information gathered by the Commission, a number of individuals or
group of persons claiming to represent
CHIYUTO CREATIVE WEALTH DOCUMENT
FACILITATION SERVICES (“CCWDFS”)
,
headed by
PATROCENIO CALVEZ
CHIYUTO
,
JR
.
aka
Don Chiyuto
, are enticing the public to in
vest their money in said
entity.
As posted online,
CHIYUTO CREATIVE WEALTH DOCUMENT FACILITATION
SERVICES
is offering investments to the public by availing of their so
–
called
Double
–
Your
–
Money
“Roulette”
game
investment with
a minimum amount worth Php1.00 up to a
maximum of Php1Million.
Upon joining, a member will be asked to spin the roulette wheel
which will randomly
pick different
payout days:
Payout Days
1 Day
30 Days
45 Days
Thus, the member will earn
one hundred per cent (100%)
for 1 day, 30 days or 45
days,
respectively,
depending on the result of the
spin of the
roulette wheel.
The
company will then issue a promissory note in the name of the member
–
investor with the
corresponding amount representing his payout and the date of maturity or when he
is
supposed to claim the same
.
Considering that the above
–
described scheme
involve
s
the
offering and
sale of
securities to the public
in the nature of an investment contract
, the Securities Regulation Code
(SRC) requires that these securities are duly registered and that the concerned corporation
and/or its agents have appropriate
registration and/or license to sell such securities to the
public pursuant to Section 8 of the SRC.
The records of the Commission show that
CHIYUTO CREATIVE WEALTH
DOCUMENT FACILITATION SERVICES
is not registered with the Commission either as a
corporation
or as a partnership. Further, it is
NOT AUTHORIZED
to solicit investments from
the public since it has not secured prior registration and/or license from the Commission as
prescribed under Sections 8 and 28 of the Securities Regulation Code.
Hence, thos
e who act as salesmen, brokers, dealers or agents or claim to act as such
for
CHIYUTO CREATIVE WEALTH DOCUMENT FACILITATION SERVICES
in selling or
convincing people to invest in the investment scheme being offered by said entity including
solicitations and
recruitment through the internet may 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 penalty of Twenty
–
one (21) years of imprisonment or both pursuant to
Secti
on 73 of the SRC.
Also, those who invite or recruit others to join or invest in such venture or offer investment
contracts or securities to the public may incur criminally liability, or otherwise be sanctioned or
penalized accordingly as held by the Supre
me Court in the case of
Securities and Exchange
Commission vs. Oudine Santos
(G.R. No. 195542, 19 March 2014).
The public is advised
NOT TO INVEST
or
STOP INVESTING
in any investment scheme
being offered by any individual or group of persons allegedly for
or on behalf of
CHIYUTO
CREATIVE WEALTH DOCUMENT FACILITATION SERVICES
and to exercise caution in
dealing with any individuals or group of persons soliciting investments for and on behalf of it.
Should you have any information regarding the operation o
f
CHIYUTO CREATIVE
WEALTH DOCUMENT FACILITATION SERVICES
or any securities solicitation activity by any
individual or group of individuals representing
CHIYUTO CREATIVE WEALTH DOCUMENT
FACILITATION SERVICES
, please
submit your report to
the Enforcement and
Investor
Protection Department at
epd@sec.gov.ph
.
For the guidance of the public.
Pasay City, 18
August 2020