Dollar International Investment Program

June 28, 2016SEC ADVISORYDOLLAR INTERNATIONAL INVESTMENT PROGRAMThis advisory is prompted by inquiries and reports to the Commission regarding DOLLAR INTERNATIONAL INVESTMENT PROGRAM wherein an investment of two thousand pesos (Php2,000.00) will turn into four thousand pesos (Php4,000.00) without need to recruit other investors. Another scheme offered is where one (1) recruit could turn two thousand pesos (Php2,000.00) into six thousand pesos (Php6,000.00) and two (2) recruits could turn the same initial investment of Php2,000.00 to ten thousand pesos (Php10,000.00). The public is hereby informed that DOLLAR INTERNATIONAL INVESTMENT PROGRAM with alleged business address in Nevada, USA, is not registered with the Philippines Securities and Exchange Commission as a corporation or partnership. There being no primary license, it is likewise not authorized to solicit investments which require a secondary license as provided under Section 8.1 of the Securities Regulation Code.In view thereof, the public is hereby advised to exercise self-restraint from investing their money into such high yield, high-risk investment scheme and to take the necessary precaution in dealing personally or on-line with individuals representing the...