THE Securities and Exchange Commission (SEC) has warned the public against individuals and groups taking advantage of the COVID-19 pandemic to defraud the public with offers of attractive returns on cash investments.

As part of its advocacy to mitigate the widespread investment scam, SEC has issued warning against individuals and entities illegally offering investments.

SEC listed up to more than 20 companies in its website supposedly offering investment scam to the public.

These include Let’s Raise Money-Jhen’s Credit Collection Services, Reposco/RFeposco, IO/Reposco Trading Ltd, IQ Option, MDM Ventures Corporation, Asiawork Digital Marketing Services/A sila works, Lendvest International/Lendvest and others. (Leonardo Micua)

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