Aquitek Food Trading

May 11, 2020ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENTSEC ADVISORYThe Commission has received information that AQUITEK FOOD TRADING (AQUITEK) is engaged in UNAUTHORIZED investment-taking activities in the Philippines. AQUITEK claims that it is a company that manufactures and specializes in all natural healthy products using highly sophisticated manufacturing technology. They also claim that they are the makers of Maxifit Slimming Coffee with Chia Seeds and Maxijuice with Purple Corn and Collagen. The Chairman and CEO of AQUITEK is Mr. ANGELITO CAMACHO QUINTANA and its office is located at Km 31 Phoenix A Gas Station Vicinity, San Pedro, Laguna.Based on information gathered by the Commission, the entry packages for the marketing plan of AQUITEK are as follows:1. PAYLITE PACKAGE worth Php599.00> includes a box of either the Maxifit Slimming Coffee with Chia Seeds or the Maxijuice with Purple Corn and Collage;> entitled to Php300 per matching bonus;> can earn up to Php2,700 daily (maximum of 3 accounts); and2. PREMIUM PACKAGE worth Php2,000.00> includes three boxes of either the Maxifit Slimming Coffee with Chia Seeds or the Maxijuice with...