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MARSGAS PETROCHEMICAL PRODUCTS TRADING / MARSGAS / MARS-GAS.COM
MARSGAS PETROCHEMICAL PRODUCTS TRADING / MARSGAS / MARS-GAS.COM is not registered with the Commission and is not authorized to solicit investments from the public

Date Posted: 22 July 2022

MARSGAS PETROCHEMICAL PRODUCTS TRADING

MARSGAS PETROCHEMICAL PRODUCTS TRADING

SEC Facebook

The Commission has received information that an individual or group of persons
representing an entity named
MARSGAS PETROCHEMICAL PRODUCTS TRADING /
MARSGAS / MARS

GAS.COM
are
enticing the public to invest their money in the said entity
with the promise of high monetary rewards or profits.
Information gathered from the Facebook (FB) Page of
MARSGAS PETROCHEMICAL
PRODUCTS TRADING INTERNATIONAL
shows that the said entity
has been
inviting the
public to invest for a promise of receiving
10% daily profits for 20 days.
Further, in the same Facebook Page,
MARSGAS PETROCHEMICAL PRODUCTS
TRADING INTERNATIONAL
posted and introduced the Marsgas Oil depot’s “Ways to Earn”
and Compensatio
n Plan.
Below are screenshots of the said FB posts:
An online search likewise shows that Facebook posts
of
MARSGAS PETROCHEMICAL
PRODUCTS TRADING INTERNATIONAL
include posting of DTI Certificate of Business
Registration of
Marsgas
Petrochemical Products Trading
and
an alleged ESSO MOBIL Certificate of
Recognition issued to MARS PETROCHEM PVT LTD.,
as a way of enticing the public to invest in
the
said entity, as shown below:
The public is hereby informed that
MARSGAS
PETROCHEMICAL PRODUCTS
TRADING / MARSGAS / MARS

GAS.COM
is not registered with the Commission 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 pr
escribed under Section 8 of the
Securities Regulation Code (SRC).
Those who act as salesmen, brokers, dealers or agents of the said entity in selling or
convincing people to invest in the investment scheme it is being offered including soliciting
investm
ents or recruiting investors through the internet 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
).
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 correspondingly
assessed.
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
MARSGAS
PETROCHEMICAL PRODUCTS TRADING / MARSGAS / MARS

GAS.COM.
The public is
further advised
NOT TO INVEST
or to
STOP INVESTING
in the investment scheme being
offered by the subject entity or its representatives.
Should you have any information regarding the operation of the subject entity,
please call the Enforcement and Investor Protection Depar
tment (EIPD) at telephone
number 8818

6047 or email at
epd@sec.gov.ph
or visit the EIPD at Ground Floor, North
Wing Hall, Secretariat Building, PICC Complex, Pasay City.
For the guidance of the public.
Makati City,
21 July 2022