August 25, 2020
SEC ADVISORY
Based 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. HTcADC
As 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; and
4. 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...
