Ang Securities and Exchange Commission (SEC) ay naglabas ng advisory (tulad ng nakikita sa ibaba) patungkol sa GLOBAL DREAM ZION. Ang advisory na ito ay nagsilbing babala sa publiko tungkol sa mga indibidwal at grupo na kasangkot sa naturang mga aktibidad. Tinutukoy ng advisory ang mga aktibidad sa likod ng networking scheme na ito, at pinapayuhan ang publiko na mag-ingat sa pagsali o pag-invest sa mga grupong ito.
Bilang suporta sa layuning ito, ang Coins.ph ay hindi nag-endorso o konektado sa anumang paraan sa mga naturang aktibidad o produkto. Bukod dito, mayroon tayong zero tolerance policy sa pandaraya at mga gawi ng scamming. Sa isa pang artikulo, binanggit namin ang mga tips para maiwasan ang mga investment schemes at iba pang online scams. Hinihikayat namin ang aming mga customer na dagdag na maging maingat sa kanilang mga pera at kumilos ayon sa aming User Agreement.
The Commission has received information that a group of persons allegedly connected
with an entity named GLOBAL DREAM ZION are soliciting investments from the public.
Based on reports, the said entity offers to the public an investment with high returns of
20% - 30% interest rate per month based on the principal amount invested.
The public is hereby informed that GLOBAL DREAM ZION is not registered with the
Commission as a corporation or partnership and is not authorized to solicit investments from
the public as it has not secured prior registration and/or license from the Commission to solicit
investments as prescribed under Section 8 of the Securities Regulation Code (SRC).
Those who act as salesmen, brokers, dealers or agents of GLOBAL DREAM ZION in
selling or convincing people to invest in the investment scheme being offered by GLOBAL
DREAM ZION including solicitations or recruitment through the internet may likewise be
prosecuted and held criminally liable under Section 28 of the SRC and penalized with a
maximum fine of Five Million pesos (P5,000,000.00) or a maximum penalty of Twenty One (21)
years imprisonment or both pursuant to Section 73 of the SRC.
Accordingly, those who invite or recruit other people to join or invest in this venture or
offer investment contracts or securities to the public may be held criminally liable or
accordingly sanctioned or penalized in accordance with the Supreme Court decision in the case
of SEC vs. Oudine Santos (G.R. No. 195542, 19 March 2014).
Furthermore, the names of all those involved will be reported to the Bureau of Internal
Revenue (BIR) so that the appropriate penalties and/or taxes be correspondingly assessed.
In view thereof, the public is hereby advised to exercise prudence before investing in
these kinds of activities and to take the necessary precaution in dealing with GLOBAL DREAM
Should you have any information regarding the operation of the subject entity, please
call the Enforcement and Investor Protection Department at telephone numbers 818-6047.
For the guidance of the public. 28 May 2019.