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The Commission has received numerous reports from the publicregarding the activities ofKAPIBOMA NETWORKING/KAPIBOMA GLOBAL MARKETING INC.(“KAPIBOMA”).Based on the information gathered bythe Commission,KAPIBOMAhas been enticing the public to invest ₱5,000.00 in exchange for ₱5,000.00 worth of KAPIBOMA herbal products such as Golden Moringa 4 in 1 Malunggay Coffee, Golden Moringa Mangosteen Stevia Coffee, Golden Moringa Stevia Coffee, Mangosteen Guyabano, Mangosteen,and Guyabano Herbal capsule.KAPIBOMApromises a condominium incentive by inviting/recruiting five (5) individuals and every member in your group should at least invite five (5) individuals respectively up to 6thlevel to partake in their business activities. The promise of a condominium incentive is reinforced by the promise of a contract signing with a real-estate developer.After this, members are instructed to wait forforty-five (45) to sixty (60) daysbefore moving intothe condominium unit.KAPIBOMApromises free interior design ranging in value from ₱75,000.00 to ₱100,000.00 upon reaching Level 3. On the 6thlevel, the condominium will befully paid and aCertificate of Ownership willbe awarded to the member. However, if the me mb e r failed to invite new members or work on his downlinewithin one (1) month upon occupation, the condo unit will be forfeited.Furthermore, KAPIBOMApromises other incentives such as ₱1,000.00 direct referralfee, Car plan incentive (SUV), International cruise, Parking slot, ₱4,000,000.00 worth of business package and ₱1,000,000.00 worth of life insurance.Also, members are required to pay ₱1,000.00 monthly for the company’s monthly dues including water and electricity bills and for the compensation of its employees.The public is hereby informed that KAPIBOMA NETWORKING/KAPIBOMA GLOBAL MARKETING, INC.,are not licensed or granted a permit by the SEC to sell or offer securitiesor solicit investments from the public. Those who act as salesmen, brokers, dealers or agents of KAPIBOMAin 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
fineof 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. 195542, March 19,2014)Furthermore, the names of all those involved will be reported to the Bureau of Internal Revenue (BIR) so that the appropriate penalties and/or taxesmaybe 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 KAPIBOMA NETWORKING/KAPIBOMA GLOBAL MARKETING, 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 KAPIBOMA NETWORKING/KAPIBOMA GLOBAL MARKETING, INC.,please call the Enforcement and Investor Protection Department (EIPD) at telephone numbers (02) 8818-6047 or send your report to the EIPD at epd@sec.gov.phor you may visit the EIPD office loca te d at the Ground Floor, North Wing Hall, Secretariat Building, PICC Complex, Pasay City.For the guidance of the public