VERTEX, is not authorized to solicit investments from the public
Date Posted: 13 December 2022
VERTEX EVO TRADING
This is to inform the public that
VERTEX EVO TRADING
(“VERTEX”)
is
NOT
AUTHORIZED
TO SOLICIT INVESTMEN
TS FROM THE PUBLIC
.
This Advisory is prompted by the information gathered by the
Securities and
Exchange Commission (“Commission”)
that individuals or group of persons
headed by
its
CEO,
CARLOS JEFF Z. BAYAN
are
soliciting investment
from the public purportedly
to be invested in foreign exchange and cryptocurrency trading.
Based on
the Commission’s database, the said entity is not registered with the
Commission as a corporation, OPC or a partnership. The entity likewise has not been
issued by the Commission
,
any license or permit to sell or offer securities to the public
or to cond
uct any activities regulated by the Commission.
VERTEX
entices the public to invest online or through the internet
an
amount
ranging from Php500.00 to Php500,000.00
for a
guaranteed profit of 50%, 100% and
200% for a ten
–
day, fifteen
–
day
and twenty
–
day i
nvestment
term
, respectively.
The said entity likewise offer Direct Referral Bonus and Indirect Referral Bonus
equivalent to 15% and 1%, respectively, of the investment received by the entity from
the referals made by its members.
In the initial assessment of the activities of VERTEX by the Commission, it appears that
the entity is engaged in
a
fraudulent scheme
of offering and selling unregistered securities in
the form of investment contracts
in violation of Sections 8 and 26 of t
he Securities Regulation
Code.
Accordingly, the Commission warns all unscrupulous individuals and/or entities that
strict penalties are imposed for violations of the Securities
Regulation Code, the
Revised Corporation Code of the Philippines and such
other laws, rules and regulations
enforced by the Commission
.
T
hose who act as salesmen, brokers, dealers
,
agents
, representatives, promoters,
recruiters, uplines, influencers
, endorsers
and enablers
of
VERTEX EVO TRADING
vis
–
à
–
vis
CARLOS JEFF Z. BAYAN
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 maxim
um fine of Five Million pesos (Php5,000,000.00) or penalty of Twenty
–
one (21)
years of imprisonment or both pursuant to Section 73 of the SRC
(G.R. No. 195542, 19 March
2014)
.
In view thereof, the public is advised
NOT TO INVEST or STOP INVESTING
in any
i
nvestment scheme being offered by
VERTEX EVO TRADING
vis
–
à
–
vis
CARLOS JEFF Z.
BAYAN
as well as to any other entities having the same or similar schemes
and to exercise
caution in dealing with any individuals or group of persons soliciting investments or
recruiting investors for and on behalf of
VERTEX EVO TRADING
vis
–
à
–
vis
CARLOS JEFF Z.
BAYAN
.
Should you have any information regarding any investment solicitation by any
individuals or group of individuals on behalf of
VERTEX EVO TRADING
vis
–
à
–
vis
CARLOS
JEFF Z. BAYAN
,
please send your report to the ENFORCEMENT AND INVESTOR
PROTECTION DEPARTMENT at
[email protected]
.
For the guidance of the public.
Pasay City,
1
3
December
2022.