The Securities and Exchange Commission (SEC) has advised the public against dealing with Reveal Beauty and Wellness Digital Marketing, and Camacho Packaging Supplies OPC as they are soliciting investments without the necessary license from SEC.

In an advisory, the SEC said Reveal is engaged in an investment scheme called “shareholder’s program” which, by its nature, is a multi-level marketing venture. 

The SEC said such scheme offers investors different modes of investment, which require a prospective investor to purchase from a "basic, standard, or premium share," and expect a corresponding profit depending on the type of share they choose.

Prospective investors may invest from P1,000 to P1 million for profits ranging from 20 percent to 130 percent in seven to 30 days.

Meanwhile, Camacho Packaging is the same as Camacho Trading and Camacho Packaging Supplies Trading which continues to entice the public using the same scheme of offering a 10 percent monthly payout for a minimum amount of P50,000 for the old investors and a P100,000 minimum amount for the new investors for a 12-month holding period.

The SEC said Camacho Packaging is registered with the SEC as a corporation but it does not have the necessary secondary license from the commission to authorize it to solicit investments from the public.

Also, the SEC reiterated that an advisory had already been issued against Camacho Trading and Camacho Packaging Supplies Trading to warn the public that its illegal investment scheme involves the offering and selling of securities without securing prior registration or license to solicit investments from the SEC as prescribed under Section 8 of the Securities Regulation Code.

“The Commission remains unwavering in its efforts to stamp out illegal investment-taking activities through financial literacy campaigns and advisories to the public,” said the SEC.