May 14, 2020
SEC ADVISORY
Based on the information gathered by the Commission, a number of individuals or group of persons claiming to represent MR LIFESTYLE E-COMM COMPANY (Formerly: DON HERALDO MR.LIFESTYLE E-COMM COMPANY) [MR LIFESTYLE for brevity] headed by Mr. Reynaldo Tuazon a.k.a. Rey Tesoro, are enticing the public to invest their money in said entity.
As posted online, MR. LIFESTYLE is offering investments to the public under the guise of e-commerce by availing any of the following packages:
Significantly, a member may earn:
• Php840,000.00 per month, or Php1,050,000.00 in 35 days for a premium package in just one of the company's ways to earn: "Sales Match Bonus"
The company has ten (10) ways to earn, to wit:
1. Retail Profit where members shall earn from 30% to 50% by direct selling of the company's products.
2. Direct Sales Bonus where members shall earn the following bonus according to the package availed of his newly recruited member:
Package | Bonus |
Trial | Php500.00 |
Starter | Php1,000.00 |
Premium | Php3,000.00 |
Note: The bonus shall be credited to the company's "Shopping Wallet" that shall be eventually used in the...