Jacama Sales and Marketing

January 11, 2016SEC ADVISORYThe public is hereby warned concerning the investment taking activities of JACAMA SALES AND MARKETING operating in Davao City.Based on the Marketing Scheme of JACAMA, as posted on their Facebook Account, any person who wants to be a member may choose among the "package schedule" and pay an amount ranging from One Thousand Eight Hundred Pesos (Php1,800.00) up to One Million Eight Hundred Thousand Pesos (Php1,800,000.00). Upon payment of the chosen package, the member will receive a package product and six (6) company vouchers or post-dated checks with different maturity dates. The amount of voucher/check is equivalent to 25% of one's investment and will mature at an interval of 15 days. All vouchers/checks will be encashed in three months. EcTCADThe sale of the product is merely a ruse to make it appear that the said entity is engaged in the marketing and distribution of products. The obvious fact however is that people are enticed to invest their money by the promise of huge profits. In effect, JACAMA SALES AND MARKETING is engaged...