Members of the Securities and Exchange Commission (SEC) are focusing on RGS Online Marketing, Cashdrop and other Double Your Money Investment Schemes here in Western Visayas.

This was confirmed by Atty. Russel Ildesa, SEC- 6 Regional Director interviewed by Bombo Radyo.

According to them, they are still investigating these companies by gathering solid evidence.

This will further expand the emergence of businesses offering “Double Your Money Investment” in the region.

SEC has issued a notice to refrain from investing in businesses that are expected to double their money after 30, 60, and 90 days without a product, which will turn out to be “too good to be true”.

Here is the link to the list of companies that investors should avoid according to the SEC:

https://www.sec.gov.ph/investors-education…/advisories/