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PH-IGM / IGM / INSPIRATION GLOBAL MEDIA
The public is advised NOT TO INVEST or to STOP INVESTING in the investment scheme of PH-IGM

Date Posted: 13 December 2022

INSPIRATION GLOBAL MEDIA

INSPIRATION GLOBAL MEDIA

SEC Facebook

Based
on
reports and information gathered by the Commission, individuals or
group of persons
claiming to represent
PH

IGM / IGM
/ INSPIRATION GLOBAL MEDIA
,
are
enticing the public, through social media platform/s to invest in said entity
.
As posted online,
PH

IGM / IGM / INSPIRATION GLOBAL MEDIA
is offering
investments to the public ranging from PHP200 up to PHP 15
,
000
where
i
nvestors
can
earn 5% daily,
or
1000% for 200 days, accumulating up to
150% in just 30 days.
Interested individuals may sign up and join through agents,
an App
and website
and choose which package they opt to avail
of
.
New users who recharge for the first
time get 5% additional cash
bonus on top

up amount
.
Investors may also earn by
inviting new users to get 10% commission bonus
.
Briefly, an “
investment contract”
exists when there is an investment or placement
of money in a common enterprise with a reasonable expectation of profits t
o be derived
from the efforts of others which is prominent in the scheme of
PH

IGM / IGM /
INSPIRATION GLOBAL MEDIA.
As such, the Securities Regulation Code (SRC) requires that said offer and sale of
securities must be duly registered with the Commission
and that the concerned entity
and/or its agents should have the appropriate registration and/or license to sell such
securities to the public.
Based on the Commission’s database,
PH

IGM / IGM / INSPIRATION GLOBAL
MEDIA,
is
NOT REGISTERED
as a corporation
or partnership and
OPERATES WITHOUT
THE NECESSARY LICENSE AND/OR AUTHORITY
to solicit, accept or take
investments/placements from the public nor to issue investment contracts and other
forms of securities defined under Section 3 of the Securities
Regulation Code (SRC)
.
Further, the scheme employed by
PH

IGM /
IGM / INSPIRATION GLOBAL
MEDIA
has the characteristics
of a
“Ponzi Scheme”
where
mon
ey
from new investors
are used in paying “fake profits” to prior investors
and is designed mainly to favor its top
recruiters and prior risk takers and is detrimental to subsequent members in case of
scarcity of new investors.
The offering and selling of securities in the form of investment contracts using
the
“Ponzi Scheme”
w
hich is fraudulent and unsustainable, is
NOT
a registrable security.
The Commission will not issue a License to Sell Securities to the Public to persons or
entities that are engaged in this business or scheme.
In view thereof, the public is hereby advised
to
STOP INVESTING
in the
investment scheme being offered by
PH

IGM / IGM / INSPIRATION GLOBAL MEDIA,
and its
representatives.
Those who act as salesmen, brokers, dealers or agents
, representatives,
promoters, uplines, recruiters, influencers, endorsers
and enablers
of
PH

IGM / IGM /
INSPIRATION GLOBAL MEDIA,
in selling or convincing people to invest in the
investment scheme being offered by the said entity including soliciting investments or
recruiting investors through the internet may be held criminall
y 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
).
Furth
ermore, 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.
Should you have any information regarding the operation of
PH

IGM / IGM /
INSPIRATION GLOBAL MEDIA,
and its representatives,
please send your report through
email at
epd@sec.gov.ph
.
For the information and guidance of the public.
Makati City,
13
December 2022
.