The public is advised NOT TO INVEST or to STOP INVESTING in the investment scheme of OTCJKE
Date Posted: 7 December 2022
OTC AUTOMATED TRADING PLATFORM
Based on information received by the Commission, individuals claiming to represent OTCJKE/OTC
AUTOMATED TRADING PLATFORM/ JKE INTERNATIONAL LIMITED are enticing the public to invest
their money in said entity.
As posted in its official Facebook group, OTCJKE/ OTC AUTOMATED TRADING PLATFORM/ JKE
INTERNATIONAL LIMITED represents itself as a high-frequency trading encryption platform where
investors can earn 3%-8% daily earnings withdrawable anytime through a crypto wallet or a G-cash
account. It also states that it is a cryptocurrency subsidiary of the British JKE group and is one of the
companies that supports the Ukraine Crisis.
As gathered by the Commission, interested individuals are required to download the application
of OTCJKE/ OTC AUTOMATED TRADING PLATFORM/ JKE INTERNATIONAL LIMITED from the play
store/ app store to register and create an account. After registering, the investors would be asked to deposit
money in US Dollars through Binance or G-cash. Once the money is deposited through the application, the
individual may now start using the mining bot to earn and their income would depend on the amount of
money deposited as shown in the table posted in their Facebook group. The member may also earn income
commission by getting “team members” or recruiting others to invest. The trading platform is advertised
as automated and 100% legal.
The transactions entered by OTCJKE/ OTC AUTOMATED TRADING PLATFORM/ JKE
INTERNATIONAL LIMITED through their online trading platform are considered securities in the form of
“investment contracts” which must be registered with the Commission. The elements are all present as
there is an investment of money into the common enterprise known as OTCJKE/ OTC AUTOMATED
TRADING PLATFORM/ JKE INTERNATIONAL LIMITED with the expectation of profits depending on the
amount of money invested.
Furthermore, the investment scheme of OTCJKE/ OTC AUTOMATED TRADING PLATFORM/ JKE
INTERNATIONAL LIMITED has the characteristics of a Ponzi Scheme because of the promise of an
exorbitant rate of return with little to no risk at all to the investors as exemplified in the case People of the
Philippines vs. Palmy Tibayan and Rico Z. Puerto (G.R. Nos. 209655-60, 14 January 2015). The offering and
selling of investment contracts using the “Ponzi Scheme”, which is fraudulent and unstable, is NOT a
registerable security. The Commission will not issue a License to Sell Securities to the public, persons or
entities engaged in such business or scheme.
The records of the Commission show that OTCJKE/ OTC AUTOMATED TRADING PLATFORM/
JKE INTERNATIONAL LIMITED is NOT REGISTERED with the Commission either as a corporation or a
partnership. Furthermore, OTCJKE/ OTC AUTOMATED TRADING PLATFORM / JKE INTERNATIONAL
LIMITED 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, 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 and to exercise caution in dealing
with any individuals or group of persons soliciting investments for and on behalf of it.
Those who act as salesmen, brokers, dealers or agents or claim to act as such for OTCJKE/ OTC AUTOMATED TRADING PLATFORM / JKE INTERNATIONAL LIMITED 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).
Should you have any information on any recruitment or securities solicitation activities being
undertaken by persons or group of persons claiming to represent OTCJKE/ OTC AUTOMATED TRADING PLATFORM/ JKE INTERNATIONAL LIMITED, you may send your reports to the Enforcement and
Investor Protection Department through email at email@example.com.
For the guidance of the public.
Makati City, 06 December 2022.