May 19, 2020
ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT
SEC ADVISORY
The Commission has received information that individuals or group of persons claiming to represent PAYADSTARS/PAY AD STARS, are enticing the public to invest their money in the said entity as can be seen in the following post:
Based on reports from the public and Facebook (FB) postings, PAYADSTARS/PAY AD STARS is enticing the public to invest in the said entity with a promise of earning a return of 1.8 to 2% daily in 100 days or the equivalent of 180% to 200% in a period of 100 days. As posted on their Facebook page, you can start a business by registering first, then you can choose from any of the three (3) types of entry plans namely: PLAN ALPHA, PLAN BETA, and PLAN CHROME and you can also earn from direct referral ranging from 1% (level 3), 2% (level 2) and 7% (level 1).
According to its Facebook page (PAYADSTARS OFFICIAL), the admins are MUHAMMAD ASIF, JAKE VILLANUEVA, KELY ISOM TOLAR and JAI RAY. Based...
