June 9, 2020
ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT
SEC ADVISORY
The Commission has received numerous reports and complaints against a certain RONNIE JOHN DOHINA BARRIENTOS a.k.a. RONNIE BARRIENTOS, an active supporter and recruiter of CROWD1 ASIA PACIFIC, INC. (CROWD1).
Information gathered from online sources and reports from the public show that RONNIE BARRIENTOS is publicly inviting people to invest in CROWD1. He is reported to be residing in General Santos City and has a status of a "President" in CROWD1 with huge followers all over the Philippines.
RONNIE BARRIENTOS continues to solicit investments for and in behalf of CROWD1 despite the issuance of Advisory and Cease and Desist Order by the Commission against the subject entity. He even showed his support to CROWD1 by issuing a statement in reply to the Commission's Advisory and posted the same in his Facebook (FB) account.
Further, RONNIE BARRIENTOS has posted several promotional videos in YouTube explaining the marketing plan of CROWD1 and enticing people to invest in its investment scheme. In video presentations entitled CROWD1 Presentation https://www.youtube.com/watch?v=YR23lkBHCw0&t=785s posted on 27 March 2020 and...
