|Philippine Embassy Advisory|
SEC Issues Clarification Regarding Caceres Lending Investor Corporation, Global Money Unlimited Incorporated And Caceres Global Foundation Incorporated
The Philippine Embassy in Brunei Darussalam wishes to inform the general public of the following clarification issued by the Enforcement and Prosecution Department of the Securities and Exchange Commission (SEC) on the status of the following three entities:
1. The registration of Caceres Lending Investor Corporation (SEC Registration No. A1999099295) has EXPIRED in 2009 and that it has no Certificate of Authority to Operate a Lending Company pursuant to the Lending Company Regulation Act (R.A. 9474);
3. Caceres Global Foundation Incorporated is NOT REGISTERED with the Commission.
The clarification is being issued by the SEC following numerous reports received from OFW Communities around the world of alleged unauthorized lending and investment-taking activities being undertaken by the three entities.
|Last Updated ( Friday, 25 May 2012 10:32 )|