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PHILAZ/PHILAZ INTERNATIONAL TRADE CO. LTD.,
PHILAZ/PHILAZ INTERNATIONAL TRADE CO. LTD., is NOT REGISTERED as a corporation or partnership

Date Posted: 19 August 2021

PHILAZ INTERNATIONAL TRADE

PHILAZ INTERNATIONAL TRADE

SEC Facebook

This ADVISORY is prompted by reports and information gathered by the
Commission that individuals or group of persons representing
PHILAZ/PHILAZ
INTERNATIONAL TRADE CO. LTD.,
is enticing the p
ublic, through social media
platform or through their own independent websites, to invest in said entity.
According to Philaz.com Facebook page,
Philaz International Trade Co. L
td.
w
as
established on August 1,
2018.
It claims to be a self

s
ervice order placement platform
for all internatio
nall e

commerce companies, suppo
rting mainstre
am e

commerce
platform such as Shoppee, Lazada, Amazon and E
bay.
As posted on their Website and Facebook Page, you can invest by registering
first, then you c
an choose from any of the six (6)
VIP PLANS
with corresponding task
s
which are:

VIP1, worth Php1,000.00 (5 tasks)

VIP2, worth Php3,500.00 (15 tasks)

VIP3, worth Php8,000.00 (30 tasks)

VIP4, worth Php20,000.00 (40 tasks)

VIP5, worth Php40,000.00 (85 tasks
)
and

VIP6 worth Php88,000.00 (120 tasks)
.
Investors can
earn Php50.00 to Php3,600.00 daily or up to Php1,500.00 to
PHP108,000.00 monthly depending on what plan they avail of.
An investor can also
earn from 12% recharge commission for direct agency/age
nt, 10% task commission for
direct agency/agent and 5% task commission for in

direct agency/agent.
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 is prominent in the scheme of
PHILAZ INTERNATIONAL TRADE
As such, the Securities Regulation Code (SRC) requires that said offer and sale of
securities must be duly registered with the Commissi
on and that the concerned entity
and/or its agents should have the appropriate registration and/or license to sell such
securities to the public.
Based on the Commission’s database,
PHILAZ/PHILAZ INTERNATIONAL
TRADE CO. LTD.,
is
NOT REGISTERED
as a corpo
ration or partnership 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 Re
gulation Code (SRC)
.
Further, the scheme employed by
PHILAZ INTERNATIONAL TRADE
shows indication of a possible
“Ponzi Scheme”
where
monies from new
investors are used in paying “fake profits” to prior investors
and is designed mainly to
f
avor its top recruiters and prior risk takers and is detrimental to subsequent members
in case of scarcity of new investors.
The offering and selling of securities in the form of investment contracts using
the
“Ponzi Scheme”
which is fraudulent and unsus
tainable, is
NOT
a registrable
security. The Commission will not issue a License to Sell Securities to the Public to
persons or entities that are engaged in this business or scheme.
In view thereof, the public is hereby advised to
STOP INVESTING
in the
in
vestment scheme being offered by
PHILAZ INTERNATIONAL TRADE
and its
representatives.
Those who act as salesmen, brokers, dealers or agents of
PHILAZ INTERNATIONAL TRADE
in selling or convincing people to invest in the
inv
estment scheme being offered by the said entity including soliciting investments or
recruiting investors through the internet may be held criminally liable under Section 28
of the SRC and penalized with a
maximum fine of Five Million Pesos
(Php5,000,000.00
) or imprisonment of Twenty One (21) years or both pursuant
to Section 73 of the SRC
(
SEC vs. Oudine Santos, G.R. No. 195542, 19 March 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 taxes be
correspondingly assessed.
Should you have any information regarding the operation of
PHILAZ INTERNATIONAL TRADE
and its representatives,
please send your report
through email at epd@sec.gov.ph
For t
he information and guidance of the public.
Pasay City, 19 August 2021