April 28, 2020
SEC ADVISORY
Based on the information gathered by the Commission, a number of individuals or group of persons claiming to represent WINNERS ECOMMERCE INTERNATIONAL NETWORK CORPORATION, a.k.a. WINCORP. which is owned and operated by EDWIN BERMUNDO MORATILLO, a.k.a., WIN BERMUNDO OLINQUINO are enticing the public to invest their money in said entity.
As posted online, WINCORP. is offering different packages which include the following:
• Gold Package worth Php4,888, with 200 equivalent points;
• Platinum Package worth Php9,888, with 400 equivalent points; and
• Diamond Package worth Php39,998, with 1,600 equivalents points.
A member shall earn Php1,000.00 daily; Php20,000.00 weekly; or even Php30,000.00 or more, monthly.
Below are its ways of earning:
LEVEL 1: Direct Selling
1.1 Online Selling
1.2 Offline Selling
A member shall earn up to 20% or 25% for direct selling either online or offline.
LEVEL 2: Referral Bonus
2.1 Referral Bonus worth Php2,000.00 (gold), Php4,000.00 (platinum), and Php20,000.00 (diamond) of WINCORP's products shall be given for every members' direct recruits.
2.2 Effortless Matching Bonus
Packages | Equivalent Points | Cash | Auto-Upgrade | Business Wallet |
Gold | 200 | Php400.00 | Php50.00 | Php50.00 |
Platinum | 400 | Php800.00 | Php100.00 | Php100.00 |
Diamond | 1,600 | Php3,200.00 | Php400.00 | Php400.00 |
A member shall earn in accordance with the above table for every matching on...