The public is advised NOT TO INVEST or STOP INVESTING in any investment scheme being offered by J SHOES FOOTWEAR TRADING
Date Posted: 24 June 2022
J SHOES FOOTWEAR TRADING
This ADVISORY is prompted by inquiries, reports and information received by the
Commission that individuals and/or groups of persons claiming to represent an entity
named J SHOES FOOTWEAR / J SHOES FOOTWEAR TRADING, are enticing the public to
invest their money in the said entity with promise of high monetary rewards or profits
equivalent to a guaranteed 8% monthly interest.
The public is hereby informed that based on an initial verification from the
Commission’s database, J SHOES FOOTWEAR / J SHOES FOOTWEAR TRADING is NOT
registered with the Commission either as a corporation or partnership and is NOT
AUTHORIZED TO SOLICIT INVESTMENTS from the public, not having secured prior
registration and/or license to sell securities or solicit investments as prescribed under
Section 8 of the Securities Regulation Code (SRC).
In view thereof, the public is hereby advised to exercise caution in dealing with any
individual or group of persons soliciting investments for and on behalf of J SHOES
FOOTWEAR / J SHOES FOOTWEAR TRADING. The public is further advised NOT TO
INVEST or to STOP INVESTING in the investment scheme being offered by any individuals
claiming to represent said entity.
The Commission further warns that those who claim to act as salesmen, brokers,
dealers or agents of J SHOES FOOTWEAR / J SHOES FOOTWEAR TRADING in offering
and/or selling or convincing people to invest in the investment scheme allegedly of the said
entity, through the internet or any other means, 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).
Should you have any information regarding the solicitation activities of any
individual and/or groups of persons representing J SHOES FOOTWEAR / J SHOES
FOOTWEAR TRADING, please email your reports to the Enforcement and Investor
Protection Department (EIPD) at email@example.com
For the guidance of the public.
Pasay City, 23 June 2022.