“EYES HERE‼️..????”
SEC CAGAYAN DE ORO WARNS PUBLIC AGAINST FORSAGE
The Securities and Exchange Commission – Cagayan de Oro Extension Office (SEC-CDOEO) has warned the public against Forsage for engaging in unauthorized activities such as investment-taking in the guise of cryptocurrency trading.
The Commission encouraged the public to be cautious in dealing their investment with Forsage because the company is not duly registered with the SEC and lacks the necessary license to solicit, accept or take investments from the public or issue investment contracts and other forms of securities. Aside from lacking the necessary licenses, Forsage’s compensation plan resembles a Ponzi scheme, where investors are paid using the contribution of new investors.
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