SEC Facebook

ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT
S E C A D V I S O R Y
Based on reports and information gathered by the Commission, individuals or
group of persons claiming to represent
CAMACHO TRADING
, are enticing the public
through social media to invest in said entity.
CAMACHO TRADING
claims that it
is
involved in newsp
ap
er packaging supplies
trading where
said company
would imp
ort Korean newspapers to be use
d
to wrap
vegetables, fruits, dried fish, flowers and many mor
e. ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT
S E C A D V I S O R Y
Based on reports and information gathered by the Commission, individuals or
group of persons claiming to represent
CAMACHO TRADING
, are enticing the public
through social media to invest in said entity.
CAMACHO TRADING
claims that it
is
involved in newsp
ap
er packaging supplies
trading where
said company
would imp
ort Korean newspapers to be use
d
to wrap
vegetables, fruits, dried fish, flowers and many mor
e.
As poste
d online
,
there is no minimum amount that may be
invested with
CAMACHO TRADING
, any amount would do
and
in return
,
they are promising
a 10%
per
month
return on your investment
, In this regard,
the public is made aware that an “
investment contract,”
which is a
kind of security, exists when there is an investment or placement of money in a common
enterprise with a reasonable expectation of profits to be derived from the efforts of
others, which is
prominent in the scheme of
CAMACHO TRADING
.
As such, the Securities Regulation Code (SRC) requires that said offer and/or sale
of securities must be duly registered with the Commission and that the concerned entity
and/or its agents should have the app
ropriate registration and/or license to sell such
securities to the public.
Based on the Commission’s database,
CAMACHO TRADING
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)
.
In view thereof, the public is hereby advised
NOT TO INVEST
or to
ST
OP
INVESTING
in the investment scheme being offered by
CAMACHO TRADING
,
and its
representatives.
Those who act as salesmen, brokers, dealers or agents, representatives,
promoters, recruiters, uplines, influencers, endorsers, abetters and enablers of
C
AMACHO TRADING
,
in soliciting 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 criminally liable under Section 28 of the SRC
a
nd 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
).