ROYAL O FINANCIAL CONSULTANCY SERVICES is not registered with the Commission neither as a corporation nor as a partnership
Date Posted: 5 February 2021
ROYAL O FINANCIAL
Based on the information gathered by the Commission, a number of individuals or group of persons claiming to represent ROYAL O FINANCIAL CONSULTANCY SERVICES headed by PRINCESS JOANA JO ALFAJID-CAMPOS (being identified as “Dr. Campos”), are enticing the public to invest their money in said entity.
As posted online, ROYAL O FINANCIAL CONSULTANCY SERVICES is an investment platform for various entities such as: Oro Magnet Cockpit Arena –E-Sabong; Plasmatech Medical Supplies Trading; and Genius Global Impact and Export Corp. ROYAL O FINANCIAL CONSULTANCY SERVICES is purportedly a website portal for the co-ownership program where the funds sourced from the public shall in turn be invested in various businesses that are being managed and operated by Dr. Campos. Investor-members may avail of either its Daily Program or its Monthly Program with guaranteed earnings of 15% weekly in just 90 days(a total of 201% return on investment) or 60% monthly in just 6 months(a total of 360% return on investment), respectively.
Further, a member is entitled to a direct bonus equivalent to 6% based on his/her direct recruit’s investment, and a Leveling Bonus equivalent to 0.5% to 3% up to the 10thlevel.While one of the purported businesses of Dr. Campos is registered with this Commission as a One-Person Corporation (OROMAGNET INTERNATIONAL E-GAMES OPC with Company Reg. No. 2020100002972-12), however, its Certificate of Incorporation expressly states that such registration DOES NOT AUTHORIZE INVESTMENT SOLICITATION AND INVESTMENT-TAKING WITHOUT A SECONDARY LICENSE FROM THIS COMMISSION. Considering that the above described schemes of ROYAL O FINANCIAL CONSULTANCY SERVICES 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. The records of the Commission show that ROYAL O FINANCIAL CONSULTANCY SERVICES is not registered with the Commission neither as a corporation nor as a partnership. However, it has been issued a Certificate of Business Name Registration on 12
October 2020 by the Department of Trade and Industry with Business Name No. 2236635 under the name of its owner, PRINCESS JOANA JO ALFAJID CAMPOS. Nonetheless, ROYAL O FINANCIAL CONSULTANCY SERVICES is not authorized to solicit investments from the public as it did not secure prior registration and/or license to solicit investments from the Commission as prescribed under Section 8and 28of the Securities and Exchange Commission. Further, ROYAL O FINANCIAL CONSULTANCY SERVICES is also NOT REGISTERED either as a crowdfunding intermediary or a funding portal under SEC Memorandum Circular No. 14, Series of 2019 or the Rules and Regulations Governing Crowdfunding. Hence, those who act as salesmen, brokers, dealers or agents or claim to act as such for ROYAL O FINANCIAL CONSULTANCY SERVICES in selling or convincing people to invest in the investment scheme being offered by said entity including solicitations and recruitment 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 behalf of ROYAL O FINANCIAL CONSULTANCY SERVICES 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 email@example.com.For the guidance of the public. Pasay City, 04 February 2021