WebClick Tracer

Too good to be true: Constantino warns vs dubious investment schemes

Malungon, Sarangani Mayor Tessa Constantino has warned the public of dubious investment schemes promising very high rates of return.

In a Facebook post, the local chief executive echoed the advisory issued by the Securities and Exchange Commission (SEC) about organizations engaging in illegal investment schemes without the necessary secondary licenses.

“Pagbantay sa mga investment scam nga nagsaad og 30% nga kita sulod sa 6 ka bulan,” Constantino said.

“Ang Securities and Exchange Commission (SEC) nagpahimangno sa publiko batok sa mga organisasyon nga nagpadagan og ilegal nga investment schemes nga walay ikaduhang lisensya, nga supak sa RA 8799 o ang Securities Regulation Code” she added.

More stories in POLITIKO MINDANAO
Top Stories on POLITIKO.COM.PH