SEC Facebook

Based on the information gathered by the Commission, a number of individuals or group
of persons claiming to represent
PREMIUM BUSINESS
(known in social media as
“
PREMIUM
BIZ PH
”
)
,
headed by
Ronald De Leon
,
are enticing the public to invest their money in said entity.
As posted online,
PREMIUM BIZ PH
is offerin
g its program with just a ONE
–
TIME
PAYMENT of either: Php1,000.00 for Ass
ociate; Php2,500.00 for Supervisor; Php5,000.00 for
Manager; Php10,000.00 for Director; and Php50,000.00 for Executive Package where a member
–
investor is only required to do five (5) captcha typing job per day an
d consequently be entitled to
an
UNLIMITED F
ORTY PERCENT (40%) EARNINGS
per month
.
Further,
additional earnings
are in store
:
1.
Direct Referral where a referror shall earn 10% of the availed package of
his/her recruit;
and
2.
Pass
–
Up Bonus where an upline shall earn equivalent to 50% and 10% of
his/her fir
st and 2nd level downline’s earnings, respectively, from their earnings
in captcha typing.
Further, would
–
be member
–
investor needs to deposit to the company’s so
–
called “Modes
of Payment.” To date, here are the authorized persons engaged by
PREMIUM BIZ PH
to
accept
payment:
A
s
the
aforementioned
scheme
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 to sell such securities
to the
public pursuant to Section 8 of the SRC.
Per record
s
of the Commission,
PREMIUM BUSINESS
or
PREMIUM BIZ PH
is
NOT
registered either as a corporation or a partnership
. Having no primary registration/corporate
franchise,
with
more reason that it is
NOT AUTHO
RIZED
to solicit investments from the public
since it has not secured prior registration and/or license from the Commission as prescribed under
Sections 8 and 28 of the SRC.
Hence, those who act as salesmen, brokers, dealers or agents or claim to act as such for
PREMIUM BUSINESS
or
PREMIUM BIZ PH
su
ch as
Ronald de Leon, Jerry D. Ma
nabat
,
Gladys Violago, Kentc
lay Morales
,
Daisy La
z
y
A
ureada
, Jovan S. Derecho, Thea Pauline
Eve R. Salva, Catherine T.
H
ape
and
Sunshine Grace F. Mission
in selling or convincing
people to invest in the investment scheme being offered by said entity including solicitations and
recruitm
ent 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 (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 investment
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 be
half of
PREMIUM BUSINESS
or
PREMIUM BIZ PH
and to exercise caution in dealing with any individuals or group
of persons soliciting investments for and on behalf of it.
Should you have any information regarding the operation of the subject entity, please call
the Enforcement and Investor Protection Department at telephone numbers (02) 8818
–
6047 or
send your report to the EIPD at
epd@
sec.gov.ph
.
For the guidance of the public.
Pasay City, 18 May
202
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