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DECENTRA
DECENTRA is NOT registered with the Commission as a corporation, partnership or One Person corporation
DECENTRA is NOT registered with the Commission as a corporation, partnership or One Person corporation
Date Posted: 15 June 2022
DECENTRA
The public is hereby informed that an entity named DECENTRA and its representatives, agents and individuals and groups of individuals acting on its behalf have been found to be offering unregistered securities to the public without the necessary authority or license issued by the Commission. DECENTRA offers a variety of investment schemes. Its STAKING PROGRAM promises up to the equivalent of 120% profit of the money invested by a member. It also has a REFERRAL PLAN , such as direct referral, indirect, dual referral, dual team bonus ; RENOVATION BONUS where a member who is also a direct sponsor could earn 4% to 6% of the money collected from its members, for the rest of his/her life ; and the DUBAI PROMO promising VIP treatment, and an all – expenses – paid trip to Dubai, which will be available to those who get 5 people on the left side with an investment of 1,000 US D each and another 5 people on the right side with an investment o f 1,000 USD each, within June 2022. DECENTRA also offers seven (7) services through its online platform, to wit: 1. Decentra Live (a broadcast platform for live events); 2. Moon Converter (a crypto/fiat converter); 3. Hikvault (a real – time crypto portfolio tracker); 4. Decentra Realty (buying real assets using cryptocurrencies) 5. Ovusky (exclusive flights, hotels, and resorts with up to 65% off); 6. Decentra University (features John C. Maxwell and provides information on Leade rship, Personal Growth, Business, Technology, Blockchain, Bitcoin, Metaverse, Cryptocurrencies, Defi, Staking, NFTs, and many more – not yet operational ); and (7) Private Members Club (provides rewards opportunities to members) . The p resenters of the scheme of DECENTRA have focused on discussing the Private Members Club to its attendees. In order to avail of DECENTRA’S services, an initial membership fee of 99.95 USDT 1 is required. In addition, a payment of 34.95 USDT per mo nth or 349.95 USDT per year, shall be paid to access the reward opportunities available for its members, which can be waived if a person has a Staking Package or has 2 new direct referrals every month. In emphasizing the different ways of earning in DECENT RA , he discussed the following ranks that can be achieved by a member: 1 USDT is the symbol for or is otherwise known as the stable cryptocurrency Tether that is hosted on the Etherium and Bitcoin blockchains. Its tokens are issued by the Hong Ko ng company Tether Limited. Tether is called a stablecoin because it was originally designed to be always worth US$1.00, maintaining $1.00 in reserves for each tether issued. (1 point is equivalent to 1 USD) 1. SENIOR – 4,000 points (example: 2 teams with 4,000 points each, one on the right and one on the left); 2. EXECUTIVE – 10, 000 points (example: 2 teams with 10,000 points each, one on the right and one on the left); 3. SAPPHIRE – 20, 000 points (example: 2 teams with 20,000 points each, one on the right and one on the left); 4. RUBY – 40,000 points (example: 2 teams with 40,0 00 points each, one on the right and one on the left); 5. EMERALD – 80,000 points (example: 2 teams with 80,000 points each, one on the right and one on the left); 6. DIAMOND – 120,000 points (example: 2 teams with 120,000 points each, one on the right and one o n the left); 7. BLUE DIAMOND – 320,000 points (example: 2 teams with 320,000 points each, one on the right and one on the left); 8. BLACK DIAMOND – 480,000 points (example: 2 teams with 480,000 points each, one on the right and one on the left); 9. ROYAL BLACK DIAM OND – 740,000 points (example: 2 teams with 740,000 points each, one on the right and one on the left); 10. CROWN DIAMOND – 2,000,000 points (example: 2 teams with 2,000,000 points each, one on the right and one on the left); and 11. ROYAL PRESIDENT with 4,000,000 points (example: 2 teams with 4,000, 000 points each, one on the right and one on the left). Moreover, the Binary system of DECENTRA provides that if one group produces 10,000 USD and another group produces 5,000 USD in one day, the member will receive 7% to 12% of the money collected, which will be reflected in his back office the following day at 7:00 AM (Dubai Time ). To activate the Binary, a member should have invested 300 USD to 50,000 USD. Once activated, the company will double the money that has been put into it. Thus, if a member invested 50,000 USD, he could earn a profit of 100,000 USD, or 5,000,000 Pesos per day. The entity through its representatives, agents and prese nters further claims that a member can recruit as many as he can, receive 50,000 USD, not from his pocket but from the hard work of recruiting other people, and earn even without doing anything . The withdrawal of profits is scheduled every Tuesday and Thur sday only. The public is hereby informed that DECENTRA is NOT registered with the Commission as a corporation, partnership or O ne P erson corporation and is not authorized to solicit investments from the public, not having secured prior registration and/or license to solicit investments as prescribed under Section 8 of the Securities Regulation Code (SRC). Those who act as salesmen, brokers, dealers o r agents of DECENTRA in selling and convincing people to invest in the investment scheme being offered by the said entity including doing solicitations or 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 (Php5,000,000.00) or a maximum penalty of TWENTY ONE (21) years imprisonment or BOTH pursuant to Section 73 of the SRC . In view there of, the public is hereby advised to exercise self – re straint from investing their hard earned money in such high – yield, high – risk investment scheme and to take the necessary precaution in dealing with individuals representing the above – named entity and NOT TO INVEST or STOP INVESTING in said entity. Should you have any information regarding the operation of the subject entity, you may send your report via email to the Enforcement and Investor Protection Department (EIPD) at [email protected] . Pasay City, June 14, 2022.