May 28, 2020
ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT
SEC ADVISORY
The Securities and Exchange Commission ("Commission") received information regarding the investment taking activities of XM TRADING MARKETING SERVICES and/or XM TRADING OFFICIAL ("Entities").
Based on the information gathered by the Commission, the Entities lure the public to invest in the company by allegedly making them "shareholders." Basically, the scheme is to entice the public to invest their money to the company and without any other participation or efforts from the investors, they will be entitled to twenty-five percent profit of the investment capital every twenty days (20 days) for three cycles. On the fourth cycle, i.e., the last cycle, the investor will be entitled to twenty-five percent profit plus the return of the investment capital. It also offers different packages depending on the investors capital, to wit:
It portrays to the public that it is engaged in the following programs, projects, and services:
1. Sponsorship of Pro Gamer Advertising Streams and live Game Streamers;
2. Cryptocurrency and Forex Trading;
3. Manufacturing/Wholesale Perfume Industry Business;
4. Car Loan Financing Program; and
5. Manufacturer...
