WARNING
The public is hereby warned against internet-based Ponzi-like investment or pyramid schemes offering high-yield investment programs (HYIPs) to the public.
Investors are lured into these programs because of the promise of huge returns of up to 4.8% daily interest. The program managers of these HYIPs encourage their members to recruit downline investors and earn additional 10% referral fee from each downline investment. These programs normally exist for a period of time and appear to be religiously paying their investors. Thereafter, they will quickly disappear, leaving the investors, particularly those in the downlines, empty handed. The programs' websites become inaccessible. The losing investors cannot run after the program managers who are either unknown or whose names and addresses, if mentioned in their websites, are usual fictitious.
DO NOT BE FOOLED
BY THESE INTERNET-BASED PONZI-LIKED INVESTMENT
SCHEMES
Please report immediately any offer of investment made by persons or entities using the aforementioned modus operandi to:
The Anti-Money Laundering Council Secretariat
5/F EDPC Building, Bangko Sentral ng Pilipinas Complex,
corner A. Mabini and P. Ocampo Sts., Malate, Manila
Tel Nos: 523-4421 or 536-7358, Fax No. 524-6085
http://www.amlc.gov.ph
