The Filipino Financial Breakthrough Program/Financial Breakthrough Program

June 2, 2020SEC ADVISORYBased on the information gathered by the Commission, a number of individuals or group of persons representing an entity named THE FILIPINO FINANCIAL BREAKTHROUGH PROGRAM/FINANCIAL BREAKTHROUGH PROGRAM are enticing the public to invest in said entity.Based on reports from the public and various posts in Facebook (FB), THE FILIPINO FINANCIAL BREAKTHROUGH PROGRAM/FINANCIAL BREAKTHROUGH PROGRAM has been inviting the public to join/avail of their company/program by investing a minimum amount of Php18,660.00 (one account) to a maximum of Php130,620.00 (seven accounts). An investor has to first enroll in the company's system, promote its program through social media, and enjoy the following benefits, among others: 1. Sign up bonus of Php12,000.00;2. Referral bonus where an investor shall earn Php11,550.00 for every person he/she enrolls in the system;3. Pairing Bonus where an investor shall earn Php16,800.00 in cash for every pair he/she enrolls;4. Additional bonus of Php33,600.00 if the investor enrolls four (4) persons in the system;5. The investor will also have a free one year insurance worth of Php1,000,000.00 to be provided by AXA...