Inquirer
SEC warns vs C’preneur Perfume Trading
The Securities and Exchange Commission (SEC) has warned the public about C'PRENEUR Perfume Trading, an Iloilo-based company allegedly soliciting investments through unauthorized investment schemes.
C'PRENEUR is offering investment opportunities through a "Mobile Stockist Plan" for P100,000 and a starter package for P2,500.
According to C'PRENEUR's website, the P2,500 starter package could potentially lead to earnings of up to P3.3 million.
The SEC considers this an investment contract, as individuals are required to invest money and earn profits primarily from the efforts of others.
The regulator found that C'PRENEUR is not registered with the SEC and is not authorized to solicit investments from the public, lacking the necessary registration and license.
The public is advised to stop investing in any scheme offered by or on behalf of C'PRENEUR and to exercise caution when dealing with individuals soliciting investments for the company.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
The Philippines aims to surpass last year's P1.9 trillion in approved investment pledges by restarting its investment roadshows.
Read more →
Senator JV Ejercito is pushing for stricter enforcement of anti-smuggling laws, advocating for jail time for perpetrators, not just seizure of goods.
Read more →
Senate Majority Leader Juan Miguel "Migz" Zubiri is pushing for stricter regulations on online lending applications due to predatory interest rates and lack of transparency.
Read more →
The Philippines has secured P51 billion in investment pledges from Japanese conglomerates, including Koshidaka Holdings, Marubeni Corp., and Sojitz Corp.
+2
Read more →
Commission on Elections (Comelec) Chairman George Garcia will inhibit himself from any potential investigation into allegations that Senator Francis "Chiz" Escudero accepted prohibited campaign donations during the 2022 polls, due to their past professional relationship.
Read more →