SEC ADVISORY : "ONELINE MARKETING SCHEME: ONELINE CASH PALUWAGAN" like Amillionaire Global Inc

SEC ADVISORY
Mandaluyong City
15 March 2013

"ONELINE MARKETING SCHEME: ONLINE CASH PALUWAGAN"

A potential investor has inquired on the legitimacy of the "One line Marketing" Scheme and "Oneline Cash Paluwagan" employed by a firm operating in Quezon City.

Under the scheme, people are allegedly enticed to invest in the company not based on the purported prices of the commodities or goods to be sold but on the promised high earnings of at least P3,000.00 a month. Under the modified scheme of multi -level marketing, both the uplines and the downlines earn.

As a precautionary measure, the public is again advised to exercise prudence before parting with their money in a risky investment venture characterized with an expectation of huge profits, low risk investment, urgency to invest in order not to lose the opportunity to earn large profits offered to a limited few through hard sell method of the offer or who does much of the talking so as to evade the investor's questions.

Thus, assurance should be made first that the company is lawfully engaged in business for which it is registered with the Commission. Heed the advice lest you will " INVEST AT YOUR OWN RISK."
For additional information, you may inquire from the Corporation Finance Department of the SEC with telephone numbers 584-6103 or 584- 5950 or the Enforcement and Prosecution Department of the SEC at telephone number 584-71-87


TAG: Amillionaire Global ,

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