SEC warns public vs 'investment' firm

By Earl John Alfaro

Jul 06, 2024 12:18 am

THE Securities and Exchange Commission (SEC) advised the public not to invest in an unregistered and unlicensed company that has been promising high returns for locked-in investments through social media.

The advisory was prompted by reports and information that individuals representing Safe District Enterprise, whose proprietors were said to be Rexon Cortez and Lovely Charisma Cortez, had been enticing the public via the Messenger app to invest in the business.

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