Jocals688 Beauty and Wellness Products Trading, Inc. (Jocals688)

April 14, 2020SEC ADVISORYThe Commission has received information that an individual or group of persons representing an entity named JOCALS688 BEAUTY AND WELLNESS PRODUCTS TRADING, INC. (JOCALS688) with principal address located at 2nd Floor Frylles Building, corner Mabini and Bianca Sts., Molave, Zamboanga del Sur, are enticing the public to invest their money in the said entity with the promise of high monetary rewards or profits. Based on reports and the information gathered and verified by the Commission, JOCALS688 BEAUTY AND WELLNESS PRODUCTS TRADING, INC. is engaged in investment-taking activity by offering an investment of up to One Hundred Thousand Pesos (PhP100,000.00) with a minimum investment of Ten Thousand Pesos (PhP10,000.00). An investor is assured that even without any effort on his/her part, a 30% monthly return is guaranteed.On the other hand, one could be a member for an amount of Three Thousand Nine Hundred Eighty Pesos (PhP3,980.00) that would entitle him/her to a monthly return of 30%. The membership fee is inclusive of one (1) bottle of juice, one (1) box of coffee and...