SEC Issues Warnings Against 3 Scammers

The Securities and Exchange Commission (SEC) has issued a warning to the public regarding three entities it has identified as unauthorized to solicit investments.

The SEC cautioned against investing in Moo Farm, Ayn E-Commerce, and Centuros Finance Group II, as they lack the necessary license to sell or offer securities to the public.

In three separate advisories posted on its website, the SEC cautioned against investing in Moo Farm, Ayn E-Commerce, and Centuros Finance Group II, as they lack the necessary license to sell or offer securities to the public.

Moo Farm is alleged to lure individuals into investing in their platform, which consists of eight levels, with the minimum investment set at P300 (Cow 1 basic plan) and going up to P50,000 (Cow 8 master plan).

They promise daily earnings of P100 and P50,000, respectively.

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