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RAGING BUSINESS CONSULTANCY SERVICES (RBCS)
RAGING BUSINESS CONSULTANCY SERVICES (RBCS) owned and operated by Malaya Dava Platero, a.k.a. Malaya Gemma Platero are engaged in investment-taking activities not authorized by the Commission

Date Posted: 15 September 2020

RAGING BUSINESS

RAGING BUSINESS

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Based on
information gathered by the Commission,
individuals and groups of
persons representing
RAGING BUSINESS CONSULTANCY SERVICES
(RBCS)
owned
and operated
by
Malaya Dava Platero
, a.k.a.
Malaya Gemma Platero
,
are
engaged in
investment

taking activities not authorized by the Commission.
R
BC
S
entices the public by recruiting them to
become their business partner
through
its so

called
FUND ACCUMULATOR PROGRAM
with a
guaranteed
return of 1%
per day or 30% per month depending on the capital shared
, i.e.
minimum of
Php5,000 to Php1,000,000 for the cont
ract period of 12 months or 360
days
.
Further, the company also offers different wa
ys to earn
extra income with RBC
,
these are the following:
1. Direct Referral Bonus equivalent to 5%

six months;
2. Indirect Referral Bonus 1% (2nd to 5th level)

one time only
;
3. Generation Income 0.1% (6th to 10th level)

12 months
; and
4. Gift
Voucher
10%
every month

6 months
.
The scheme of
RBCS
involves the offering and sale of securities in the form of
Investment Contracts to the public because the investors need not exert any effort other
than to inv
est or place monies in
R
BCS
in
order to generate income.
Since said
scheme involves the sale of securities to the public, the Securities
Regulation Code (SRC) requires that these securities are duly registered with the
Commission and that the concerned corporation and/or its agents h
ave appropriate
registration and/or license to sell such securities to the public pursuant to Section 8 of the
SRC.
Per record
s
of the Commission,
RBCS
is not registered
as a corporation or
p
artnership
. However, it has been issued a Certificate of Business Name Registration
on 11 May 2020
by the Department of Trade and Industry under Business Name No.
1692495.
Nonetheless
, it is
not authorized to solicit investment
s
from the public
as
it did
not sec
ure prior registration and/or license to solicit investments from the
Commission as prescribed under Section 8 of the Securities and Exchange Commission.
Further,
R
BC
S
is
also
NOT REGISTERED
either as a crowdfunding intermediary
or a funding p
ortal under SEC Memorandum Circular No. 14, Series of 2019 or the
Rules
and Regulations Governing Crowdfundin
g.
Accordingly, the Commission warns all unscrupulous individuals and/or entities
that
strict penalties are imposed for violations of the
Securities Regulation Code,
the Revised Corporation Code, and such other rules and regulation enforced by
the Commission
.
Hence, those who act as salesmen, brokers, dealers or agents or claim to act as
such of
RBCS
in selling or convincing people to invest
in the investment scheme being
offered by said entities 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 (Php5,000
,000.00) or penalty of Twenty

one (21)
years of imprisonment or both pursuant to Section 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 crimina
l liability, or otherwise
be sanctioned or penalized accordingly as held by the Supreme Court in the case of
Securities and Exchange Commission vs. Oudine Santos (G.R. No. 195542, 19 March
2014)
.
Further, 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 advised
NOT TO INVEST or STOP INVESTING
in
any investment scheme being offered by
RAGING BUSINESS CONSULTANCY
S
ERVICES
and exercise caution in dealing with any individuals or group of persons
soliciting investments or recruiting investors for and on behalf of
RAGING BUSINESS
CONSULTANCY SERVICES
.
Violators are further warned that aside from the strict penalties i
mposed by the
Commission for violations of the SRC, the Revised Corporation Code of the Philippines,
and such other rules and regulations it enforces, the Bayanihan to Heal as One Act
(Republic Act No. 11469) also punishes those participating in cyber inci
dents that make
use or take advantage of the current crisis situation to prey on the public through scams,
phishing, fraudulent emails, or other similar acts.
Should you have any information regarding any investment solicitation by any
individuals or group
of individuals on behalf of
RAGING BUSINESS CONSULTANCY
SERVICES
, please
send your report to the
ENFORCEMENT AND INVESTOR
PROTECTION DEPARTMENT
at epd@sec.gov.ph.
For the guidance of the public.
1
5
September
2020