SEC Facebook

Based on the information gathered by the Commission, a number of individuals
or group of persons claiming to represent
METAPROFIT
,
headed by
ARTHUR DVALI
,
is
enticing the public to invest their money in said entity.
As posted online,
METAPROFIT
is offering investments to the public with a
minimum amount of 0.05 B
inance Coin or B
NB, promising
earnings of
1% daily
in
total of 30% for 30 days
subscription
depending on your subscribed amount
plus
100% capital after maturity within 30 days
and bonuses from the associate
program.
Investors also
earn more through the following:
1.
100% capital after maturity within 30 days;
2.
10% direct associate
Bonus; and
3.
0.5
%
indirect associate from 2nd
–
20th level
Interested i
ndividuals can invest by depositing BNB through
METAPROFIT’s
website
(
http://metaprofit.pro/?fbclid=IwAR0Nw5nErUl12r0pScOntBQVtOGc5EOX8VHiQe7jzLPLmT
Zzb7QF_AgbsJs
).
Daily deposit and withdrawal is done through selected cryptocurrency wallet.
As the above described schemes involved 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 the appropriate registration and/or
license to sell such securities to the public pursuant to Section 8
and 28
of the SRC.
The records of the Commission show that
METAPROFIT
is not registered with the
Commission either as a corporation or as a partnership. Further, it 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 SRC.
Hence, those who act as salesmen, brokers, dealers or agents or claim to act as
such
for
METAPROFIT
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 penaliz
ed 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 cont
racts 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 pu
blic 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
METAPROFIT
and to exercise caution in dealing with any individuals or group of persons
soliciting inv
estments for and on behalf of it.
Should you have any information regarding the operation of
METAPROFIT
or any
securities solicitation activity by any individual or group of individuals representing
METAPROFIT
, please call the Enforcement and Investor P
rotection Department at
telephone numbers (02) 8818
–
6047 or send your report to the EIPD at
epd@sec.gov.ph
.
For the guidance of the public.
Pasay City,
1
7
March 2022
.