Wealthness AM Global Corp.

July 2, 2020SEC ADVISORYBased on the information gathered by the Commission, a number of individuals or group of persons claiming to represent WEALTHNESS AM GLOBAL CORPORATION ("WEALTHNESS GLOBAL") headed by Ma. Fatima Espejon Teofilo, are enticing the public to invest their money in said entity. As posted online, WEALTHNESS GLOBAL is offering investments to the public by availing either: Retailer Package (worth Php270.00); Distributor Package (worth Php1,850.00); or Elite Package (worth Php3,600.00). The banner activity of the company is captcha-typing where a member shall be given a batch of captchas (30 captchas per batch) that are required to be solved and shall have an equivalent points ranging from 200 to 350 points. Accordingly, a member shall earn the following: Accumulated PointsEquivalent Peso Earnings10,000 pointsPhp8.0020,000 pointsPhp20.0045,000 pointsPhp50.0090,000 pointsPhp100.00 Such captcha-typing facility is operational for 24 hours a day with only 15 seconds interval, and unlimited as the account is for lifetime.The minimum earning of Php8.00 shall be earned by a member in about 40 minutes. Given the scenario that a member shall perform his bogus captcha...