July 28, 2020
ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT
SEC ADVISORY
The Commission has received information that individuals or group of persons representing an entity named ROYALE ONLINE GENERATION (ROG) are enticing the public to invest their money in the said entity with promise of high monetary rewards or profits.
Reports from the public show that ROG is the new name of RCASHONLINE, which has been the subject of an Advisory issued by the Commission on 30 June 2020. On the other hand, RCASHONLINE was previously reported to be managed by the same person or group of persons operating the ONLINEBIZ and the ELITE ENTREP BLUE PRINT, which have been the subjects of the Advisories issued by the Commission on 23 April 2020 and 27 February 2020, respectively.
ROG is claiming to be registered with the SEC under the business name ROYALE BUSINESS CLUB INTERNATIONAL, INC. as shown below: 1
ROG is enticing the public to invest through its product packages and promises a huge return of investment including P1M BPI insurance coverage, health insurance, travel incentives and cash...
