Investments can be the best way to put your money if you want it to grow over time. It may be shares from different companies or stock market, or in real properties like condominium units or real estate.
Investing is good but before getting into an investment transaction, you need to make sure that you are entering a legitimate deal. Scammers are everywhere and they are only waiting for their willing victims.
Investing is good but before getting into an investment transaction, you need to make sure that you are entering a legitimate deal. Scammers are everywhere and they are only waiting for their willing victims.
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The Security and Exchange Commission (SEC) warns the public to be cautious in entering deals on buying shares.
In an advisory released by SEC, people are warned to be alert and vigilant because there are groups of people who allegedly involved in pre-selling securities in forms of shares in stocks of hospitals currently being constructed.
To make it more enticing, these people promise the buyer to grant them hospital benefits like free or discounted O.R. fees, free or discounted private room, ICU or ward accommodations, discounts on use of ICU, hospital equipments , medicines, etc., and discounts on hospital services as well as in-patients and out-patient case rates.
According to the advisory from SEC, these shares of stocks being offered fall under securities category. meaning, no individuals could sell it to the general public unless it had been registered with the SEC.
Should any individual or group of people approach anyone offering this kind of transaction, you may report such activity to SEC so that the commission will take appropriate actions.
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