THE Securities and Exchange Commission (SEC) has advised the public that Skyline Crypto and Dry Goods Trading is not authorized to solicit investments following reports that the latter has been promising unrealistic returns for "locked in" investments.
The regulator said that certain individuals claiming to represent Skyline Crypto were "offering investment opportunities online through Facebook Messenger group chats" and promising a return of 35 percent on their investments, ranging from P1,000 to P1 million "in a short span of 15 days."
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