V2R TRADES is not registered in the Commission’s database as a corporation or partnership and is not authorized to solicit investments from the public.
Date Posted: 7 April 2020
The Securities and Exchange Commission has received information that individuals or group of persons representing V2R TRADES,headquartered in Dumaguete,is offering online-investment opportunities.Per records of the Securities and Exchange Commission (“Commission”), V2R TRADESis not registered in the Commission’s database asacorporation or partnership and is not authorized to solicit investments from the public as theabove-mentioned entity did notsecure prior registration and/or license to solicit investment from the Commission as prescribed under Section 8 of the Securities Regulation Code.Based on information gathered by the Commission, the entry packages for the compensation plan of V2R TRADESare as follows:1)E2 100$ or Php5,7002)E3 500$ or Php28,5003)E4 1000$ or Php57,0004)E5 5000$ or Php285,000
There are different ways to earn in V2R Trades:1)Daily Rewards0.8% up to 2%, payable Monday-Friday2)Referral Rewards 10% of the entry package sold including upgrades3)BonusRewardsBased on the current entry package or upgradeE2+E2 =7%E3+E3 =8%E4+E4= 9%E5+E5= 10%Total Earnings = 34%All earning shall be combined until the chosen entry package is multiplied three times (3x).
Based from the FB posts of its members,an investor can earn up to 33% monthly interest from his initial investment. A return on investment is expected after 3 months. The publicis hereby warned that such investment schemes are considered as securities subject to the regulatory authority of this Commission. The offering of sale of securities to the public without a permit or license is a violation of Section 8.1. of the Securities Regulation Code.Accordingly, those who invite or recruit other people to join or invest in this venture or offer investment contracts or securities to the public may be held criminally liable or accordingly sanctioned or penalized in accordance with the Supreme Court decision in the case of SEC Vs. Oudine Santos (G.R. No. 195542, March 19, 2014).Further, Section 6(f) of Republic Act No. 11469otherwiseknown as Bayanihan to Heal as One Act,provides that, “In addition to acts or omissions already punished under existing laws, the following offenses shall be punishable with imprisonment of two (2) months or a fine of not less Ten Thousand Pesos (Php 10,000) but not more than One Million
pesos (Php 1,000,000.00), or both such imprisonment and fine, at the discretion of the court:xxx(f) Individuals or Groupscreating, perpetrating, or spreading false information regarding the COVID-19 crisis on social media and other platforms, such information having no valid or beneficial effect on the population, and are clearly geared to promote chaos, panic, anarchy, fear or confusion, and those participating in cyber incidents 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;”In view thereof, the public is hereby advised to exercisecaution before investing in these kindsof activities and to take the necessary precautions in dealing with V2R TRADES or its representatives.The Commission urges anyone whohas knowledge or information about any business transactionsinvolving these securities or investment opportunities to report such activitiesso that appropriate actions could be taken through the email of the Enforcement and Investor Protection Department at firstname.lastname@example.org.For the guidance of the public.Pasay City, 07 April 2020