SEC Facebook

In response to numerous reports and inquiries received by the Commission regarding the
activities of
R.L. AGGREGATES AND DIVERSIFIED LENDING GROUP INC
.
founded
by
MR. ROBERTO S. LLORENTE
,
the Commission wishes to inform the public that
R.L.
AGGREGATES AND DIVERSIFIED LENDING GROUP INC
.
with
Company Registration No.
CS
202009113
and with issued
Certificate of Authority No. 3343
,
which authorizes it to operate as
a Lending Company
,
is
NOT
AUTHORIZED
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 Securities Regulation Code (SRC).
Based on the information gathered by the
Commission,
individuals or group of
persons
are engaged in an aggressive campaign to
entice
the public to invest in
R.L.
AGGREGATES AND DIVERSIFIED LENDING GROUP INC
.
by
offer
ing
a pure passive
income of
One Percent (1%) interest per day or Thirty Percent
(30%) interest per
month
for a minimum lock in period of three (3) months with just a
minimum investment
of One Thousand Pesos (Php1,000.00).
Interestingly, the Commission received numerous inquiries from the public whether
or not the
circulated
Articles of Incorporation of
R.L. AGGREGATES AND DIVERSIFIED
LENDING GROUP INC
.
is legitimate.
To quote the pertinent portion of
DIVERSIFIED LENDING GROUP INC
.
’s
Articles of Incorporation
submitted and verified
with the Commission,
it
provides that:
“That the primary purpose for which such corporation is incorporated:
To engage in the business of direct lending without howeve
r
engaging in pawn broking under PD 114 and financing under R.A. 8556,
provided that borrowing shall be sourced from not more than 19 lenders
including shareholders
Provided that the corporation shall not solicit, accept, or take
investments/placements
from the public neither shall it issue
investment contracts
.”
As opposed to the circulating image of an
ALTERED and
FALSIFIED
Articles
of
Incorporation of
RLADLG
which states:
“
xxx
The corporation shall direct solicit, accept or take
investments/placements from the public and shall issue
investment contracts.”
The foregoing
ALTERED
and
FALSIFIED
Articles
of Incorporation of
DIVERSIFIED LENDING GROUP INC
.
was clearly circulated to
mislead or deceive the public into believing that said entity is authorized to solicit, accept,
or take investments/placements from the public and issue investments contracts without
the required authority from
the Commission.
The public should be made aware
that
the issuance of a Certificate of
Incorporation and Authority
with the Commission as a Lending company
only grants
entities juridical personality but does not constitute an authority or license for the
corporation to engage in activities that require a secondary license from the SEC such as
License to I
ssue,
S
ell, or
O
ffer
S
ecurities
to the Public.
The public must be wary that
any promise
of
massive
rates of return with little or
no risk is an indication of a
Ponzi Scheme
where monies from new investors are used in
paying fake “profits” to earlier investors and is designed mainly to favor its top recruiters
and prior risk takers and is detrimental to
subsequent members in case of scarcity of new
investors. It must be clear that entities engaged in such activities likely tend to disappear
shortly to the prejudice of their stakeholders.
Consequently, t
he public is advised to exercise caution in dealing
with any
individuals or group of persons soliciting investments for and on behalf of
R.L.
AGGREGATES AND DIVERSIFIED LENDING GROUP INC
.
or any entities engaged in
solicitation activities guised as
lending
companies.
Those who act as salesmen, brokers, de
alers or agents of
DIVERSIFIED LENDING GROUP INC
.
in selling or convincing people to invest in the
investment scheme being offered by these entities including solicitations and recruitment
through the internet may likewise 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
cas
e of
Securities and Exchange Commission 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
correspondi
ngly assessed.
The public is hereby 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
R.L. AGGREGATES AND DIVERSIFIED LENDING GROUP INC
.
and to
exercise
caution in dealing with any individuals or group of persons soliciting
investments for and on behalf of said entity.
Should you have any information regarding any investment solicitation by any
individuals or group of individuals representing
DIVERSIFIED LENDING GROUP INC
.
,
you can
send your report to the EIPD at epd@sec.gov.ph
For the guidance of the public.
2
3 February 2021