PUBLIC ADVISORY: “RU AFFILIATES Not Authorized To Solicit Investments From the Public”-SEC

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RU Affiliates

“RU AFFILIATES is not registered with the Commission(SEC) either as a corporation or partnership. Further, it is not authorized to solicit investments from the public as it has not secured the necessary license or permit from the Commission as required under Sections 8 and 12 of the Securities Regulation Code (SRC).”-SEC

Iyan ang mariing pahayag ng Enforcement and Investor Protection Department ng Securities and Exchange Commission of the Philippines (SEC) sa kanilang inilabas na Public advisory nitong nagdaang November 07, 2017.

Ang RU Affiliates ay isang affiliate network na nagbibigay ng digital training tungkol sa basic online marketing.

Ayon sa pahayag ng SEC nakarating umano sa kanila ang mga impormasyon tungkol sa mga indibidwal at grupo na kumakatawan sa RU Affiliates na nag-aalok via online sa publiko na mag-invest sa nabanggit na affiliate network.

Ibinebenta umano ng RU Affiliates ang tinatawag na “IHX Factor” sa halagang One Thousand Five Hundred Ninety-Nine Pesos (P1,599), ito ay isang online training course na naglalaman ng 11 videos kung paano maaaring mag-recruit o mag-sponsor ng higit pang mga downline sa kanilang network marketing business, kung paano mabibili ng isang tao ang mga produkto via online nang mas epektibo, at kung paano mapapaunlad ng isang tao ang kanyang tradisyunal na negosyo.

Para sa mga bumili ng naturang training course, na tinatawag din nila na “Top Secret System” ay magagamit nang libre. Ang nasabing sistema ay magbibigay-daan sa mga gumagamit  na i-promote ang negosyo online at isakatuparan ang business compensation plan.

Ayon pa rin sa SEC, pinaniniwalaan umano ng RU AFFILIATES na  kayang kumita ng mga miyembro nito ng milyon sa maiksing panahon sa pamamagitan ng kanilang compensation plan.   

  1. Direct Commission – the member will earn P1000 for every person he/she refers to the system;
  2. Shared Commission – for every 3 referrals, the member will earn P200; and
  3. Goodwill Commission – for every 3 referrals, the member’s upline will earn P400, and his/her downline who is next in line for the commission will also earn P400.

Ang isang miyembro ay maaaring mag-recruit sa pamamagitan lang ng pag-post sa kanyang social media account o website, isang referral link ang magre-redirect sa sign-up page ng RU AFFILIATES na modified na at naka-link sa personal RU AFFILIATES account ng miyembro.

Narito ang mahalagang pahayag ng Securities and Exchange Commission of the Philippines.

The public is hereby informed that RU AFFILIATES is not registered with the Commission(SEC) either as a corporation or partnership. Further, it is not authorized to solicit investments from the public as it has not secured the necessary license or permit from the Commission as required under Sections 8 and 12 of the Securities Regulation Code (SRC).

 

Consequently, those who act as salesman, brokers, dealers or agents of RU AFFILIATES in selling or convincing people to invest in the investment scheme being offered by RU AFFILIATES including solicitations or recruitment through the internet may likewise be prosecuted and held criminally liable under Section 28 of the Securities Regulation Code and penalized with a maximum fine of Five Million pesos (P5,000,000.00) or 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 contracts or securities to the public may be held 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, March 19, 2014).

 

In view thereof, the public is hereby advised to exercise caution before investing in these kinds of activities and to take the necessary precaution in dealing with RU AFFILIATES or its representatives.

 

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 guidance of the public.”-Securities and Exchange Commission of the Philippines

Para mabasa ang buong detalye ukol dito magtungo sa official website ng SEC na www.sec.gov.ph

Samantala, inaantay naman ang pahayag ng RU Affiliates ukol dito.

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