Crowd1 Asia Pacific, Inc.

April 28, 2020SEC ADVISORYThe Commission has received information that an individual or group of persons representing an entity named CROWD1 ASIA PACIFIC, INC. (CROWD1) are enticing the public to invest their money in the said entity with the promise of high monetary rewards or profits. CROWD1 claims to be engaged in a digital gaming business that generates income from games. Based on reports and the information gathered and verified by the Commission, CROWD1 is engaged in investment-taking activity by offering the following membership packages: 1). White Package worth PhP6,000.00; 2). Black Package worth PhP18,000.00; 3). Gold Package worth PhP48,000.00; and 4). Titanium Package worth PhP150,000.00. For a limited time, CROWD1 also offers Pro Titanium Package worth PhP240,000.00. The membership packages may also be availed in euros as shown below: 1 A CROWD1 member has the following ways to earn:a) Streamline Bonus — A member is entitled to have a bonus by just joining. As the entire CROWD1 community of member grows, every member gains;b) Binary Pairing Bonus — The company uses the binary compensation pyramiding...