World of Survey

August 25, 2020SEC ADVISORYBased on the information gathered by the Commission, a number of individuals or groups of persons claiming to represent WORLD OF SURVEY ("WOS") headed by a certain Jasser June Cailing Cruz, are enticing the public to invest their money in said entity. HTcADCAs posted online, WORLD OF SURVEY is offering investments to the public by investing a member amounting to Php1,000.00 per account. A member may avail of up to fifty (50) accounts.A member shall earn:1. Php1,500.00 by survey job where a member must answer five (5) surveys per day in just five (5) days (Php60.00 per survey);2. Sponsorship Reward amounting to Php100.00 by directly recruiting a member; 3. Matching Sales Bonus amounting to Php500.00 for every pairing in his/her structure, but shall not exceed Php1,000.00 per day; and4. Leveling Bonus or Leadership Rewards amounting to Php10.00 per level from a member's 2nd to 12th level.Considering that the aforementioned schemes involve the sale of securities to the public, the Securities Regulation Code (SRC) requires that these securities are duly registered and that...