SEC issues twin warnings on investment, lending schemes

Securities and ExchangeCommission (SEC) Headquarters in Makati. | PHOTO: Daniella Agacer / INQUIRER.net MANILA, Philippines – The Securities and Exchange Commission (SEC) has warned the

martedì 23 giugno 2026 New tab

477 words~2 min read

Securities and ExchangeCommission (SEC) Headquarters in Makati. | PHOTO: Daniella Agacer / INQUIRER.net

MANILA, Philippines – The Securities and Exchange Commission (SEC) has warned the public against an investment scheme linked to a fitness gym operator and an online lending app, saying the entities allegedly lack the required regulatory authority.

In an advisory, the SEC said Pro Fitness Gym Corporation was enticing the public to invest through a so-called “Gym Co-Ownership” program that promised dividends ranging from 3 percent to 35 percent of monthly net income.

READ: SEC warns vs unregistered schemes, crypto platforms

Article continues after this advertisement