May 26, 2020
SEC ADVISORY
Based on the information gathered by the Commission, a number of individuals or group of persons are enticing the public to join the collaboration of BUILDING OUR SUCCESS STORIES NETWORK, INC. ("BOSS Network") and 101UPPER CLASS CORPORATION ("Upperclass") known as BOSS ULTIMATE PROGRAM ("BOSS UP").
As posted online, BOSS UP is being offered under the cloak of multi-level-marketing (MLM) by availing of either:
Notably, a member may earn as much as:
• Php360,000.00 per month per account as Pairing Bonus; Php55,550,000.00 as a Retirement Plan Income, among others.
BOSS Up has ten (10) ways to earn, to wit:
1. Click to win
A member may opt to avail of this scheme, instead of having the tangible products, upon payment of P5,888.00 equivalent to 7,000.00 points, or a member may avail of a combination of one (1) type of product and half-points of the click (equivalent to 3,500 points). A member shall accumulate points to avail of the company's offering of either grocery items, laptop, cellphone, travel, etc., with a designated number of points.
2. Retail Income...
