By Keren Concepcion G. Valmonte, Reporter
THE Securities and Exchange Commission (SEC) is warning the public against six new unauthorized entities soliciting investments from the public in the first week of February.
The regulator issued separate advisories against BeastnessAllDay Corp., Wellcons Unlimited Systems, Inc., Astrazion Global Holdings, Inc., LMB Football, QFX Markets Ltd., and Freecit/Freebit.
BusinessWorld reached out to each of the entities via e-mail and Facebook Messenger chat. However, BeastnessAllDay Corp., Wellcons Unlimited Systems, Inc., and Astrazion Global Holdings, Inc. have not responded as of press time.
QFX Markets merely responded with a “Welcome to QFXTrade Limited!” message on WhatsApp.
Meanwhile, LMB Football’s customer service site claims that it is a “project of William Hill.”
“LMB is a charity, not for profit. We do not have to register to perform charitable, welfare or developmental activities,” the LMB01 representative said in a chat. Customer services were accessed via the link on the commission’s advisory.
Asked for a statement, the representative added that the entity “is not for profit, but only for charity, so there is no record in some financial aspects. The purpose of LMB’s existence is to increase William Hill’s global customer base, so you are now the first stop for charity. More countries will be affected in the future.”
The SEC is warning the public on the “proliferation…
