The Securities and Exchange Commission has warned the public against investing in Share Link Ads and Crypto Trading due to unauthorized solicitation of investments.
Based on the information gathered by the SEC, Share Link Ads and Crypto Trading, headed by a certain Cedric V. Suarez, has been soliciting investments from the public without prior registration.
Under its scheme, a member must invest P1,500 per account. The investor will earn P1,500 or P150 daily by just sharing the company’s link to his/her Facebook account for 10 days or 100% return in 10 days.
A member-investor shall also earn P150 for every direct recruit and another P200 for every pairing under his/her structure. He or she may also earn P200 per level on his/her structure regardless whether the downline is recruited or not.
The investor shall also earn P50 per day for a total of 60 days or a total of P3,000 or 200% return in 60 days.
According to the SEC, Sharelink is not registered either as a corporation or a partnership. Nor is it authorized to solicit investments from the public.
However, Sharelink Ads and Cryptotrading Digital Marketing Services has been issued a certificate of business name registration by the Department of Trade and Industry last September.
Sharelink is likewise not included among the registered banks, exchanges or companies engaged in digital assets with the Bangko Sentral ng Pilipinas.
