SEC Facebook

Based on the information gathered by the Commission, a number of individuals
or group of persons claiming to represent SOUTHPOLE FINANCE / SOUTHPOLE
ADMINISTRATION OF FINANCIAL MARKETING with DTI Certificate of Business
Name Registration allegedly issued in favor of one MARC LOUISE TAMAYO, are
enticing the public to invest their money in said entity.
As posted online, SOUTHPOLE FINANCE / SOUTHPOLE ADMINISTRATION
OF FINANCIAL MARKETING is offering investments to the public ranging from
PHP500.00 up to PHP 100,000. Investors earn 50% for the first 10-day period; 50%
for the next 10-day period; and 200% for the following 10-day period, FOR A TOTAL
OF ACCUMULATED EARNINGS OF 300% IN JUST 30 DAYS.
Interest individuals may contact any agent of the said entity and choose which
package they opt to avail of. Investors buy packages by sending money to assigned
payment channels. Investors can request payout every 10 days.
Investors may also earn through Affiliate Commissions, namely: (1) Direct
Referral Bonus of 50% at the first level; & (2) Indirect Referral Bonus of 1% at
the 2nd to 10th level.
SOUTHPOLE FINANCE / SOUTHPOLE ADMINISTRATION OF FINANCIAL
MARKETING is allegedly earning through (1) Buy and Sell, (2) Finance, (3) Forex
Trading, and (4) IQ Option MT5.
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 of
the SRC.
The records of the Commission show that SOUTHPOLE FINANCE /
SOUTHPOLE ADMINISTRATION OF FINANCIAL MARKETING 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, 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 SOUTHPOLE FINANCE / SOUTHPOLE ADMINISTRATION OF
FINANCIAL MARKETING and to exercise caution in dealing with any individuals or
group of persons soliciting investments for and on its behalf.
Those who act as salesmen, brokers, dealers or agents or claim to act as such
for SOUTHPOLE FINANCE / SOUTHPOLE ADMINISTRATION OF FINANCIAL
MARKETING 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
SOUTHPOLE FINANCE / SOUTHPOLE ADMINISTRATION OF FINANCIAL
MARKETING, you may send your reports to the Enforcement and Investor
Protection Department through email at epd@sec.gov.ph.
For the guidance of the public.
Pasay City, 23 June 2022