THE Securities and Exchange Commission has warned the public against investing in six companies — Webmining, Oyala, BKC Trading, Winvest, Mazama, and Meta Trade — as they have not secured a license to offer securities.
Oyala has been offering three investment plans called Stable Products, Welfare Products, and Activity Products. Investments start from P370 to P100,000 in Stable Products, from P200 up to P777,777 inDepending on their investment value, Oyala investors are promised to earn up to P2.04 million after 55 days.
Winvest has been offering two types of investments — Starter Plan and Pro Plan — which start from P500 and can go as high as P100,000 per account. Meanwhile, Meta Trade was found to have been offering three types of investment plans with a minimum price of P500 that can go up to P100,000.