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SEC: Beware on Emgoldex Philippines

The Securities and Exchange Commission advised to the public that the company called Emgoldex Philippines is not a registered corporation or partnership in the country. The alleged investment company promises of high returns to every members or investors.

SEC issues warning vs Emgoldex Philippines

According to Thephilippinepride.com, Emgoldex is mysteriously identified as registered company in Seychelles and with offices in Munich, Germany and Dubai.

And according to the website of Emgoldex (emgoldex.com), "They specializes in the buying and selling of investment gold bars of different value. Our investment gold is procured and provided only by the top producers internationally."

Emgoldex is still active in the country through the used of social networking site "Facebook." All recruiters invites other Facebook users to invest their money in Emgoldex Philippines. Many are encourage to join them because of the small amount of investment with a big earnings in such as small period of time.

The Commission said, "Emgoldex Philippines is luring the public to invest for a promise of high returns where an investment of P1,000 would earn profits ranging from P5,000 to P10,000 or a placement of P35,000 would yield P180,000 to P360,000."

You may read the issued advisory of SEC for the "Emgoldex Philippines" in this link: http://www.sec.gov.ph/notices/advisory/2015_SEC_Advisory_EMGOLDEX_PHILS.pdf

If you remembered the investment scam happened in year 2012, the Pagadian-based Aman Futures Group money scam was exposed as a P12-billion worth of hard-earned cash.

So please be careful and be knowledgeable when it comes to investments. There's no legit investment company promise a higher return in just a short period of time.

Reference Source: Link
Image From: facebook.com/pages/Emgoldex-Philippines



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