SEC Facebook

Based on the information gathered by the Commission, a number of individuals or group
of persons claiming to represent
SHARE
LINK ADS AND CRYPTO TRADING,
headed by
a
certain Cedric V. Suarez
,
are enticing the public to invest their money
in said entity.
As posted online,
SHARELINK ADS AND CRYPTOTRADING
,
purportedly
engaged in
digital marketing and cryptocurrency
trading
,
is offering
investments to the public
where a
member must invest Php1,500.00 per account.
Hereunder are the
company’s five (5) ways to earn:
1. Sharelink Ads Bonus
A member
–
investor shall earn a total of Php1,500.00 or Php150.00 daily by just sharing the
company’s link to his/her Facebook account for 10 days
or
100% return
in 10 days
;
2. Direct Referral Bon
us
A member
–
investor shall earn Php150.00 for every direct recruit;
3. Pairing Income
A member
–
investor shall earn Php200.00 for every pairing under his/her structure;
4. Leveling Bonus
A member
–
investor shall earn Php200.00 per level on his/her
structure regardless whether
the downline is a direct recruit or not; and
5. Cyrpto Trading Bonus
A member
–
investor shall earn Php50.00 per day for a total of 60 days or a total of
Php3,000.00
or
200% return in 60 days
.
Considering that t
he
aforementioned
scheme
s involve
the sale of securities to the public,
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 t
o sell
such securities to the public pursuant to Section 8
.1 and 28.1
of the SRC.
Per record
s
of the Commission,
SHARE
LINK ADS AND CRYPTO TRADING
is
NOT
regi
stered either as a corporation o
r
a
partnership
.
However,
SHARE
LINK ADS AND
CRYPTO
TRADING
DIGITAL MARKETING SERVICES
has been issued a Certificate of
Business Name Registration on 29 September 2020 by the Department of Trade and Industry
with Business Name No. 2203997 under the name of
CEDRIC V. SUAREZ
. Nonetheless, both
SHARELINK ADS AND CRY
PTO TRADING
and
SHARE
LINK ADS AND CRYPTO
TRADING
DIGITAL MARKETING SERVICES
are
NOT AUTHORIZED
to solicit investments from the
public
since they have
not secured prior registration and/or license from the Commission as
prescribed under Sections 8 and 28 of
the SRC.
Moreover,
SHARELINK ADS AND CRYPTO TRADING
and
SHARELINK ADS AND CRYPTO TRADING
are
likewise
NOT INCLUDED
among
the registered banks, exchanges or companies engaged in digital assets with the Bangko
Sentral ng Pilipinas
(BSP) in accordance with the
GUIDELINES FOR VIRTUAL CURRENCY
EXCHANGES
(
BSP CIRCULAR NO. 944
).
Hence, those who act as salesmen, brokers, dealers or agents or claim to act as such
for
SHARELINK ADS AND CRYPTO TRADING
and
SHARELINK ADS AND CRYPTO TRADING
in selling or convincing people to invest
in the investment sch
eme being offered by said entities
including solicitations and recruitment
through the internet may be prosecuted and held criminally liable under Section 28 of the S
RC
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 Section 73 of the SRC.
Also, those who invite or recruit others to join or invest in such venture or offer
i
nvestment contracts or securities to the public may incur criminally 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).
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
SHARE
LINK
ADS AND CRYPTO TRADING
and
SHARELINK ADS AND CRYPTO TRADING
and
to exercise caution in dealing with any individuals or group of
persons soliciting investments for and on behalf of t
hem
.
Should you have any information regarding the operation of the subject entity, please
call the Enforcement and Investo
r Protection Department at telephone numbers
(02)
8
818
–
6047
or send your report to the EIPD at
epd@sec.gov.ph
.
For the guidance of the public.
Pasay City,
1
7
November
20
20