SEC Facebook

Based on numerous reports and information gathered by the Commission, the
entity operating under the name
JC PRO GLOBAL TRADING
, headed by
JAMESKIE
EARL CORNELIO also known as Jaypee Halili
, is found to be engaged in
investment
–
taking activities in the Philippines which is
NOT AUTHORIZED
by the
Commission.
Based on the information gathered from the said reports, inquiries, and data
from open sources, JC PRO GLOBAL TRADING’s “System” is apparently designed to
“take care of everything” which include trading, buying and selling of cryptocurren
cy
which provides
daily income
and a guaranteed profit of at least
200% in 20 days or
double
–
your
–
money in 20 days
which provides a no
–
risk investment b
ecause profits
are assured.
As posted online, JC PRO GLOBAL TRADING o
ffers several ‘complans’ where
you buy a trading ac
count starting with the basic “complan” which requires an
investment of P500.00 per account which will yield the account owner a P50.00 income
per day and a guaranteed profit after 20 days of P1,000.00 which is a 100% profit from
the initial investment of
P500.00, the initial invest
ment
can range from a minimum of
P500.00 and a maximum of P100,000.00.
To wit:
JC PRO GLOBAL TRADING provides six (6) options in buying an account
or
“trade funds”
with a
200% profit from the capital. The investment is therefore enticing
because of the guarantee to earn money. Below is the photograph posted on their
Facebook page as well as postings by several agents who promote JC PRO GLOBAL
TRADING.
To show
:
In addit
ion to the guaranteed 200% percent profit, the account owner has an
option to invite people and earn 50% direct commission from the new account owners.
To illustrate:
Moreover, the said direct commission or referral system is only optional
because
the profit is guaranteed after 20 days which makes this investment very
attractive to the investing public.
Basically, the income garnered from the foregoing compensation plans or
‘complans’ of JC PRO GLOBAL TRADING is guaranteed because the ‘System’
will do
the trading for the investor with an optional bonus income by referrals. The investment
taking scheme th
at is being propagated
by JC PRO GLOBAL TRADING is
a
‘Ponzi
Scheme’ where the entity
takes money from the public to allegedly
invest it to gener
ate
high returns but in reality
,
merely pay
s
the initial investors with the money paid by
s
ubsequent ones. This investment
–
taking scheme cannot be sustained and inevitably
will result in the collapse of the business.
Based on the foregoing, JC
PRO GLOBAL
TRADING’s investment
–
taking
scheme is an investment contract because it involves the offering and sale of securities
to the public where their investors need not exert any effort other than to invest
or place
money in the
scheme in order to earn profit.
Briefly, an “
investment contract”
exists when there is an investment or
placement of money in a common enterprise with a reasonable expectation of profits
to be derived from the efforts of others which are prominent on JC PRO GLOBAL
TRADING’s scheme.
The
refore,
JC PRO GLOBAL TRADING
must be duly registered with the
Commission and that any person or entity intending to offer and sell its investment
contract are required to secure the necessary registration and/or license from the
Commission as well.
Howe
ver, per our record,
JC PRO GLOBAL TRADING
is
NOT REGISTERED
with the Commission
and
OPERATES WITHOUT THE NECESSARY LICENSE
AND/OR AUTHORITY
to solicit, accept or take investments/placements from the
public nor to issue investment contracts and other forms
of securities defined under
Section 3 of the Securities Regulation Code (SRC)
.
Hence, the public is advised
NOT TO INVEST
or
STOP INVESTING
in any
scheme offered by
JC PRO GLOBAL TRADING.
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 regulations enforced
by the Commission
.
Those who act as salesme
n, brokers, dealers or agents for
JC PRO GLOBAL
TRADING
,
JAMESKIE EARL CORNELIO/JAYPEE HALILI
, ANGELO SOLVAN
SANTOS
and
the operators of the FB Page
JC Pro Global Trading
–
Elite Group
and
Website
jcproglobal.com
in selling or
convincing people to invest in their investment
scheme offered including solicitations and recruitment through the internet may
likewise be criminally prosecuted and penalized with a maximum fine of Five Million
pesos (P5,000,000.00) or a penalty of Twenty
–
one (21) years of imprisonment or both
pursuant to Sections 28 and 73 of the SRC.
In the same manner, those who invite or recruit others to join or invest in such
venture or offer investment contracts or securities to the public similar to
JAYPEE
HALILI
who poses as
JAMESKIE EARL CORNELIO
,
ANGELO SOLVAN SANTOS
and the operators of the
JC PRO GLOBAL TRADING
Facebook
page
and
jcproglobal.com
, may incur
criminal
liability, or otherwise be sanctioned or
penalized accordingly as held by the Supreme Court in the case of
SEC vs. Oudine
Santos
(G.R. No. 195542, 19 March 2014).
The names of all those involved will also be reported to the Bureau of Internal
Revenue (BI
R) so that the appropriate penalties and/or taxes be assessed
correspondingly.
Should you have any information regarding any investment solicitation activity
by any individual or group of individuals representing
JC PRO GLOBAL TRADING
,
please send your re
port to the EIPD at epd@sec.gov.ph.
For the guidance of the public.
Pasay City,
24 June 2021